ANNOUNCEMENT 11 Jan 2012A new trade finance transaction was announced in January 2012.
NUMBER OF INTERVENTIONS
RBI A.P. (DIR Series) Circular No.104 - 28 may 2015
On 11 January 2012, the Government of India agreed to provide a loan of USD 100 million to the Government of Mali for financing goods and services for an power transmission project connecting Bamako and Sikasso via Bougouni in Mali
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 17 April 2015.