ANNOUNCEMENT 30 Oct 2012

A new trade finance transaction was announced in October 2012.

NUMBER OF INTERVENTIONS

2

  • 2 harmful
  • 0 neutral
  • 0 liberalising
Inception date: 20 Dec 2012 | Removal date: open ended
Still in force

Trade finance

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. 

AFFECTED SECTORS

 
Inception date: 20 Dec 2012 | 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.
 
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