Global Trade Alert
Global Trade Alert

India: Loan to Nicaragua to develop substations and transmission lines with a condition to source inputs from India

Announcement

25 Mar 2015

A new trade finance transaction was announced in March 2015.

Source

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

10 Aug 2015

Revocation date:

No revocation date

Last action: 25 Mar 2015
Trade finance In force
On 25 March 2015, the Government of India agreed to provide a loan of USD 26.24 million to the Government of Nicaragua for financing goods and services including consultancy services to build the Car...
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Last action: 25 Mar 2015
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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