Announcement
10 Jun 2022
The Indian government will provide a financing of USD 55 million to Sri Lanka to purchase urea from India.
Source
Sign in to access
Number of interventions
2
2 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
20 Jun 2022
Revocation date:
No revocation date
Updated: 10 Jun 2022
Local value added incentive
In force
On 10 June 2022, the Exim Bank of India extended a USD 55 million line of credit to the government of Sri Lanka. The funds will be used by Sri Lanka for the purchase of urea fertilizer from India.
Sign in to see more
Updated: 10 Jun 2022
Trade finance
In force
On 10 June 2022, the Exim Bank of India, on behalf of the Indian government, extended a USD 55 million line of credit (LOC) to the government of Sri Lanka for the purchase of urea from India.
The cred...
Sign in to see more
Related State Acts
02 May 2022
India: USD 200 million line of credit extended to Sri Lanka for the purchase of fuel
17 Mar 2022
India: Line of credit to Sri Lanka to purchase essential commodities from India
02 Feb 2022
India: Loan to Sri Lanka to finance purchase of petroleum products with the condition to source inputs from India
Threads
See all
This state act is not part of any Thread yet.