Announcement
10 Jun 2022
The Indian government will provide a financing of USD 55 million to Sri Lanka to purchase urea from India.
Source
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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
Announced: 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.
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Announced: 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...
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Related State Acts
Announced: 02 May 2022
India: USD 200 million line of credit extended to Sri Lanka for the purchase of fuel
Announced: 17 Mar 2022
India: Line of credit to Sri Lanka to purchase essential commodities from India
Announced: 02 Feb 2022
India: Loan to Sri Lanka to finance purchase of petroleum products with the condition to source inputs from India
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