Global Trade Alert
Global Trade Alert

India: Loan to Congo to develop a transportation system with the condition to source inputs from India

Announcement

09 Mar 2014

A new trade finance transaction was announced in March 2014.

Source

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

08 Aug 2014

Revocation date:

No revocation date

Last action: 09 Mar 2014
Local value added incentive In force
The credit agreement requires that at least 75% of the goods and services for this project are sourced from India.
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Last action: 09 Mar 2014
Trade finance In force
In early 2014, the Eximbank of India signed a loan agreement including requirements to source from India with the Republic of Congo. On 9 March 2014, the Government of India agreed to provide a loan o...
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