ANNOUNCEMENT 30 Oct 2012A new trade finance transaction was announced in October 2012.
NUMBER OF INTERVENTIONS
On 30 October 2012, the Government of India agreed to provide a loan of USD 19 million to the Government of the Co-operative Republic of Guyana for financing goods and services to setup a multispeciality hospital.
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 came into force on 20 December 2012.