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France proposes 1 bln euro credit line for India projects

France has proposed giving India a 1 billion euro ($1.4 billion) credit line to fund sustainable development projects, Foreign Minister Laurent Fabius said on Tuesday.

Fabius, who is visiting New Delhi, told reporters the credit line would be available over a three-year period.

http://www.reuters.com/article/2014/07/01/india-france-idUSD8N0OF02O20140701