ANNOUNCEMENT 14 Sep 2012

A new trade finance transaction was announced in September 2012.

NUMBER OF INTERVENTIONS

2

  • 2 harmful
  • 0 neutral
  • 0 liberalising

SOURCE



Official Notification

http://rbi.org.in/Scripts/NotificationUser.aspx?Mode=0&Id=7913


Inception date: 08 Mar 2013 | Removal date: open ended
Still in force

Local sourcing

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 from India.

AFFECTED SECTORS

 
N/A

AFFECTED PRODUCTS

 
N/A
Inception date: 08 Mar 2013 | Removal date: open ended
Still in force

Trade finance

On 14 September 2012, the Government of India agreed to provide a loan of USD 42 million to the Government of the Republic of Cameroon for financing goods and services to setup the Casava Plantation Project.
 
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 plant is sourced from India. 
 
 
The credit agreement entered into force on 8 March 2013. 
 

 
439 441 445 448 449 481
 
841919 841920 841931 841939 841940 841950 841960 841989 841990 843210 843229 843280 843290 843351 843352 843390 843610 843629 843699 843710 843780 843790
(+ 12 more)