ANNOUNCEMENT 12 Sep 2013

A new trade finance transaction was announced in September 2013.

NUMBER OF INTERVENTIONS

2

  • 2 harmful
  • 0 neutral
  • 0 liberalising

SOURCE



RBI A.P. (DIR Series) Circular No.82 - 9 March 2015
https://rbi.org.in/Scripts/NotificationUser.aspx?Id=9592&Mode=0


Inception date: 18 Feb 2015 | 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: 18 Feb 2015 | Removal date: open ended

Trade finance

On 12 September 2013, the Export Import Banking of India (EXIM), at the behest of Government of India, agreed to provide a loan of USD 34.54 million to the Government of Niger for financing goods and services for developing a Solar Photo-Voltaic project of 5 megawatts.
 
The credit agreement is effective from 18 February 2015 and requires that at least 75% of the contract price for goods and services associated with the project will be sourced from India.
 

 
461 471 483
 
850110 850131 850134 850140 850151 850152 850153 850161 850162 850163 850164 850211 850212 850213 850220 850231 850239 850240 850300 850410 850421 850422 850423 850431 850432 850433 850434 850440 850450 850490 854110 854121 854129 854130 854140 854150 854160 854190 900110 900140 900150 900190 900211 900219 901380
(+ 35 more)