Exim Bank's Line of Credit of USD 10.59 million to Government of Suriname

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..... Export-Import Bank of India (Exim Bank) has concluded an Agreement dated May 16, 2008 with the Government of Suriname, making available to the latter, a Line of Credit (LOC) of USD 10.59 million (USD ten million five hundred ninety thousand) for financing eligible goods and services including consultancy services from India in connection with purchases from Indian companies Viz. BEL,HAL and Ordi .....

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..... der the LOC, the last date for opening of Letters of Credit and Disbursement will be 48 months from the scheduled completion date(s) of contract(s) in case of project exports and 72 months (May 15, 2014) from the execution date of the Credit Agreement in case of supply contracts. 3. Shipments under the LOC will have to be declared on GR / SDF Forms as per instructions issued by Reserve Bank from .....

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