Exim Bank’s Line of Credit of US$ 27 Million to The Government of the Republic of Mali

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..... redit of US$ 27 Million to The Government of the Republic of Mali The Export-Import Bank of India (Exim Bank) has concluded an agreement with the Government of the Republic of Mali making available to the latter a Line of Credit (LOC) upto an aggregate sum of USD 27 Million (US Dollar Twenty-Seven Million only). The credit agreement has become effective on December 5, 2005. The credit is availa .....

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..... however, if required the exporter may use his own resources or utilize balances of his EEFC account for payment of commission in free foreign exchange. Authorised Dealer (AD) banks may allow such remittance after realisation of full payment of contract value subject to compliance of prevailing instructions on payment of agency commission. 5. AD banks may bring the contents of this circular to th .....

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