ANNOUNCEMENT 06 May 2010

A new trade finance transaction was announced in May 2010.

NUMBER OF INTERVENTIONS

2

  • 2 harmful
  • 0 neutral
  • 0 liberalising
Inception date: 03 Sep 2010 | Removal date: open ended
Still in force

Trade finance

On 6 May 2010, the Government of India agreed to provide a loan of USD 21.72 million to the Government of Ghana for financinggoods and services including consultancy services to finance:
- improved fish harvesting and fish processing project, and
- waste management equipment and management support project
 
The credit is provided by the Export Import Bank of India (EXIM) and requires that at least 85% of the contract price for goods and services associated with the project is sourced from India. 
 
The credit agreement came into force on 3 September 2010.
 

Inception date: 03 Sep 2010 | 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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