ANNOUNCEMENT 15 Sep 2014A new trade finance transaction was announced in September 2014.
NUMBER OF INTERVENTIONS
Official press release
RBI A.P. (DIR Series) Circular No.69 - 2 February 2015
On 15 September 2014, the Export Import Bank of India (EXIM), at the behest of Government of India, agreed to provide a loan of USD 62.95 million to the Government of Senegal for financing a rice self-sufficiency programme.
The credit agreement is effective from 1 January 2015 and requires that at least 75% of the contract price for goods and services associated with the project will be sourced from India.