Which of the following countries are anchor investors of the Commonwealth Trade Financing Facility?
Which of the following countries are anchor investors of the Commonwealth Trade Financing Facility?
[A]India, Sri Lanka, Malta and Mauritius
[B]India, Sri Lanka, Australia and Mauritius
[C]Sri Lanka, Australia, South Africa and United Kingdom
[D]Sri Lanka, Australia, South Africa and Nigeria
India, Sri Lanka, Malta and Mauritius
In the recently held Commonwealth Summit in Malta, India and three other countries have taken the initiative to establish Commonwealth Trade Finance Facility. The other three countries are Sri Lanka, Malta and Mauritius. The facility will be aimed at boosting trade and investment flows, particularly for small and developing countries of the Commonwealth. The four countries have signed the Declaration of Intent as anchor investors. The fund is voluntary in nature and it hopes to attract a start-up capital of $ 20 million.