Exim Bank's Line of Credit (LOC) of USD 30 million to Government of the Republic of Honduras

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..... ank's Line of Credit (LOC) of USD 30 million to Government of the Republic of Honduras Export-Import Bank of India (Exim Bank) has concluded an Agreement dated August 17, 2006 with the Government of the Republic of Honduras, making available to the latter, a Line of Credit (LOC) of USD 30 million (USD Thirty million) for financing exports of eligible goods and services in terms of the said Agre .....

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..... tions issued by Reserve Bank from time to time. 4. No agency commission is payable under the above line of credit. However, if required, the exporter may use his own resources or utilise balances of his EEFC account for payment of commission in free foreign exchange. Authorised Dealer Category - l (AD Category - l) banks may allow such remittance after realization of full payment of contract val .....

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