Global Trade Alert
Global Trade Alert

India: Line of credit to Maldives to finance the construction of developmental projects

Announcement

02 Oct 2022

India has extended a loan to Maldives to financing developmental projects.

Source

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

19 Jan 2023

Revocation date:

No revocation date

Updated: 02 Oct 2022
Local value added incentive In force
On 2 October 2022, India extended a USD 100 million Line of Credit to the Government of Maldives to finance developmental projects. According to the policy for extending Line of Credits, the credit ag...
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Updated: 02 Oct 2022
Trade finance In force
On 2 October 2022, the Indian Export-Import Bank of India, on behalf of the Government of India, extended a Line of Credit (LoC) of USD 100 million to the government of the Republic of Maldives to fin...
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