ANNOUNCEMENT 29 Oct 2014

A new trade finance transaction was announced in October 2014.

NUMBER OF INTERVENTIONS

2

  • 2 harmful
  • 0 neutral
  • 0 liberalising

SOURCE



RBI Circular No. 75 - 11 February 2015
https://rbi.org.in/Scripts/NotificationUser.aspx?Id=9563&Mode=0


Inception date: 26 Dec 2014 | 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.
 
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