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: 20 Dec 2013 | Removal date: open ended
Still in force

Trade finance

 On 24 July 2013, the Government of India agreed to provide an additional loan of USD 125 million to the Government of Sudan for financing machinery, equipment, goods and services to develop the Mashkour (earlier Elduem) sugar project at White Nile state in Sudan. India had earlier provided a loan of USD 25 million in 2009 for the same project (see related measure)

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 20 December 2013.

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

445 Machinery for food, beverage & tobacco processing; parts
8438 Machinery, not specified or included elsewhere in this Chapter, for the industrial preparation or manufacture of food or drink, other than machinery for the extraction or preparation of animal or fixed vegetable fats or oils.
843810 Bakery machinery and machinery for the manufacture of macaroni, spaghetti or similar products
843830 Machinery for sugar manufacture
843840 Brewery machinery
843880 Other machinery
843890 Parts

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