Global Trade Alert
Global Trade Alert

India: Loan to Mauritius to finance purchase of defence equipment and vehicles with a condition to source inputs from India

Announcement

12 Feb 2014

A new trade finance transaction was announced in February 2014.

Source

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

15 May 2014

Revocation date:

No revocation date

Updated: 12 Feb 2014
Local value added incentive In force
The credit for this transaction is provided by the Export Import Bank of India (EXIM) and requires that at least 75% of the contract price for goods and services associated with the project is sourced...
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Updated: 12 Feb 2014
Trade finance In force

On 12 February 2014, the Government of India agreed to provide a loan of USD 46 million to the Government of Maurtius for financing machinery, equipment, goods and services for the purchase of...

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