IMPLEMENTATION LEVEL

NFI

AFFECTED FLOW

Outflow (subsidised)

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

firm-specific

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 25 Oct 2011 | Removal date: open ended
Still in force

Trade finance

On 12 August 2011, the Government of India agreed to provide a loan of USD 40 million to the Government of Maldives for financinggoods and services including consultancy services to finance the construction of 500 housing units in Maldives.
 
The credit 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 from India. 
 
The credit agreement came into force on 25 October 2011.

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

151 Monumental or building stone
2516 Granite, porphyry, basalt, sandstone and other monumental or building stone, whether or not roughly trimmed or merely cut, by sawing or otherwise, into blocks or slabs of a rectangular (including square) shape.
251611 Crude or roughly trimmed
251612 Merely cut, by sawing or otherwise, into blocks or slabs of a rectangular (including square) shape
251620 Sandstone
251690 Other monumental or building stone
153 Sands, pebbles, gravel, natural bitumen & asphalt
2505 Natural sands of all kinds, whether or not coloured, other than metalbearing sands of Chapter 26.
250510 Silica sands and quartz sands
250590 Other
2517 Pebbles, gravel, broken or crushed stone, of a kind commonly used for concrete aggregates, for road metalling or for railway or other ballast, shingle and flint, whether or not heattreated; macadam of slag, dross or similar industrial waste, whether or n
251710 Pebbles, gravel, broken or crushed stone, of a kind commonly used for concrete aggregates, for road metalling or for railway or other ballast, shingle and flint, whether or not heattreated
251749 Other
435 Lifting & handling equipment & parts
8426 Ships' derricks; cranes, including cable cranes; mobile lifting frames, straddle carriers and works trucks fitted with a crane.
842611 Overhead travelling cranes on fixed support
842619 Other
8427 Forklift trucks; other works trucks fitted with lifting or handling equipment.
842710 Selfpropelled trucks powered by an electric motor
842790 Other trucks
8428 Other lifting, handling, loading or unloading machinery (for example, lifts, escalators, conveyors, teleferics).
842810 Lifts and skip hoists
842820 Pneumatic elevators and conveyors
842833 Other, belt type
842839 Other
842890 Other machinery
8431 Parts suitable for use solely or principally with the machinery of headings 84.25 to 84.30.
843110 Of machinery of heading 84.25
843120 Of machinery of heading 84.27
843131 Of lifts, skip hoists or escalators
843139 Other
843141 Buckets, shovels, grabs and grips
444 Machinery for mining, quarrying & construction; parts
8429 Selfpropelled bulldozers, angledozers, graders, levellers, scrapers, mechanical shovels, excavators, shovel loaders, tamping machines and road rollers.
842911 Track laying
842920 Graders and levellers
842940 Tamping machines and road rollers
842951 Frontend shovel loaders
842952 Machinery with a 360? revolving superstructure
842959 Other
8430 Other moving, grading, levelling, scraping, excavating, tamping, compacting, extracting or boring machinery, for earth, minerals or ores; piledrivers and pileextractors; snowploughs and snow blowers.
843031 Selfpropelled
843039 Other
843041 Selfpropelled
843049 Other
843050 Other machinery, selfpropelled
8431 Parts suitable for use solely or principally with the machinery of headings 84.25 to 84.30.
843143 Parts for boring or sinking machinery of subheading 8430.41 or 8430.49
843149 Other
8474 Machinery for sorting, screening, separating, washing, crushing, grinding, mixing or kneading earth, stone, ores or other mineral substances, in solid (including powder or paste) form; machinery for agglomerating, shaping or moulding solid mineral fuels,
847410 Sorting, screening, separating or washing machines
847420 Crushing or grinding machines
847431 Concrete or mortar mixers
847432 Machines for mixing mineral substances with bitumen
847439 Other
847480 Other machinery
847490 Parts
445 Machinery for food, beverage & tobacco processing; parts
8479 Machines and mechanical appliances having individual functions, not specified or included elsewhere in this Chapter.
847920 Machinery for the extraction or preparation of animal or fixed vegetable fats or oils
449 Other special-purpose machinery & parts
8479 Machines and mechanical appliances having individual functions, not specified or included elsewhere in this Chapter.
847940 Rope or cablemaking machines
847960 Evaporative air coolers
847981 For treating metal, including electric wire coilwinders
847982 Mixing, kneading, crushing, grinding, screening, sifting, homogenising, emulsifying or stirring machines
847989 Other
847990 Parts

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