Global Trade Alert
Global Trade Alert

India: Loan to SBM (Mauritius) Infrastructure Development Company Ltd with the condition to source inputs from India

Announcement

05 May 2022

India has extended a line of credit of USD 190 million to an infrastructure development company in Mauritius with the condition to source inputs from India.

Source

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

18 Apr 2022

Revocation date:

No revocation date

Announced: 05 May 2022
Local value added incentive In force
On 6 January 2022, the EXIM bank of India extended a Line of Credit (LoC) of USD 190 million to the SBM (Mauritius) Infrastructure Development Company Ltd (SBMIDCL) for financing the metro express pro...
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Announced: 05 May 2022
Trade finance In force
On 6 January 2022, the Export-Import Bank of India (EXIM Bank) agreed to provide a line of credit (LoC) of USD 190 million to the SBM (Mauritius) Infrastructure Development Company Ltd (SBMIDCL) to fi...
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