Global Trade Alert
Global Trade Alert

India: Loan to Honduras to finance agriculture and irrigation projects with a condition to source inputs from India

Announcement

15 Jan 2014

A new trade finance transaction was announced in January 2014.

Source

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

2 in force

Implementation date

13 Aug 2014

Revocation date:

No revocation date

Trade finance In force

On 15 January 2014, the Government of India agreed to provide a loan of USD 26.50 million to the Government of Honduras for financing machinery, equipment, goods and services for the development of a...

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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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