ANNOUNCEMENT 30 Mar 2011

A new trade finance transaction was announced in March 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=6632


Inception date: 06 Jul 2011 | Removal date: open ended

Trade finance

On 30 March 2011, the Government of India agreed to provide a loan of USD 20 million to the Government of Swaziland for financing purchase of goods and services, including consultancy services to develop an Information Technology Park in Swaziland.
 
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 project is sourced from India. 
 
The credit agreement came into force on 6 July 2011.
 

AFFECTED SECTORS

 
442 445 449 451 452 461 472 473 474 475 476 479

AFFECTED PRODUCTS

 
844311 844317 844319 844332 844399 846210 846229 846299 846420 846490 847130 847141 847150 847160 847170 847180 847190 847329 847330 847340 847920 847940 847960 847981 847982 847989 847990 850410 850421 850422 850423 850431 850432 850433 850434 850440 850450 850490 851712 851718 851761 851762 851769 851770 852329 852341 852349 852351 852352 852359 852380 852550 852560 852580 852851 852859 852869 852871 852872
(+ 49 more)
Inception date: 06 Jul 2011 | Removal date: open ended

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.
 
N/A
 
N/A