Global Trade Alert
Global Trade Alert

India: Loan to Banco Exterior de Cuba to finance the purchase of rice from India

Announcement

23 Jun 2022

India has extended a USD 100 million to Banco Exterior de Cuba for the purchase of rice from India.

Source

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

09 Sep 2022

Revocation date:

No revocation date

Updated: 23 Jun 2022
Local value added incentive In force
On 23 June 2022, India extended a USD 100 million Line of Credit to Banco Exterior de Cuba to finance the purchase of rice from India. On 15 September 2022, the Reserve Bank of India notified that at ...
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Updated: 23 Jun 2022
Trade finance In force
On 23 June 2022, the Export-Import Bank of India, on behalf of the Government of India, agreed to extend a Line of Credit (LoC) of USD 100 million to Banco Exterior de Cuba to finance the procurement ...
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