ANNOUNCEMENT 21 Apr 2011

A new trade finance transaction was announced in April 2011.

NUMBER OF INTERVENTIONS

2

  • 2 harmful
  • 0 neutral
  • 0 liberalising

SOURCE



Reserve bank of India notification
http://rbi.org.in/Scripts/NotificationUser.aspx?Mode=0&Id=6761


Inception date: 24 Aug 2011 | 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