ANNOUNCEMENT 09 Sep 2013

A new trade finance transaction was announced in September 2013.

NUMBER OF INTERVENTIONS

2

  • 2 harmful
  • 0 neutral
  • 0 liberalising

SOURCE



http://rbi.org.in/scripts/NotificationUser.aspx?Id=8629&Mode=0


Inception date: 26 Nov 2013 | 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.

AFFECTED SECTORS

 
N/A

AFFECTED PRODUCTS

 
N/A
Inception date: 26 Nov 2013 | Removal date: open ended

Trade finance

On 9 September 2013, the Government of India agreed to provide a loan of USD 30.94 million to the Government of Lao People's Democratic Republic for financing machinery, equipment, goods and services for the construction of storage dams and the development of irrigation systems in Lao.
 
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 26 November 2013.

 
363 432 439 441
 
391721 391723 391729 391731 391732 391733 391739 391740 841319 841320 841330 841350 841360 841370 841381 841382 841391 841392 842119 842121 842123 842129 842131 842139 842191 842199 842420 842430 842481 842489 842490 848110 848120 848130 848140 848180 848190
(+ 27 more)