Global Trade Alert
Global Trade Alert

India: Loan to Gambia to finance an electrification project with the condition to source inputs from India

Announcement

29 Oct 2014

A new trade finance transaction was announced in October 2014.

Source

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

26 Dec 2014

Revocation date:

No revocation date

Last action: 29 Oct 2014
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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Last action: 29 Oct 2014
Trade finance In force
On 29 October 2014, the Government of India agreed to provide a loan of USD 22.50 million to the Government of Gambia for financing goods and services for an electrification project in Banjul area in...
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