Global Trade Alert
Global Trade Alert

India: Additional Loan to Sudan to develop a sugar project with the condition to source inputs from India

Announcement

24 Jul 2013

A new trade finance transaction was announced in July 2013.

Source

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

2 in force

Implementation date

20 Dec 2013

Revocation date:

No revocation date

Local value added incentive In force

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...

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Trade finance In force

On 24 July 2013, the Government of India agreed to provide an additional loan of USD 125 million to the Government of Sudan for financing machinery, equipment, goods and services to develop the Mashk...

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