ANNOUNCEMENT 06 Aug 2014

A new trade finance transaction was announced in August 2014.

NUMBER OF INTERVENTIONS

2

  • 2 harmful
  • 0 neutral
  • 0 liberalising
Inception date: 30 Jun 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: 30 Jun 2015 | Removal date: open ended

Trade finance

 On 6 August 2014, the Government of India agreed to provide a loan of USD 18.08 million to the Government of the Republic of Chad for financing goods and services for setting up a veterinary pharmaceutical manufacturing plant.

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 plant is sourced from India.

The credit agreement entered into force on 30 June 2015.