Exim Bank's Line of Credit of USD 20 million (as 1st tranche of USD 80 million ) to the Government of the Republic of Rwanda

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..... Dealer Banks Madam / Sir, Exim Bank's Line of Credit of USD 20 million (as 1st tranche of USD 80 million )to the Government of the Republic of Rwanda Export-Import Bank of India (Exim Bank) has concluded an Agreement dated October 9, 2007 with the Government of the Republic of Rwanda, making available to the latter, a Line of Credit (LOC) of USD 20 million (USD twenty million) for the purpos .....

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..... Eligible Contract from outside India. 2. The Credit Agreement under the LOC is effective from October 15, 2008 and date of execution of Agreement is October 9, 2007. Under 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 ( October 8, 2013 ) from the execution da .....

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..... the Line of Credit from Exim Bank's office at Centre One, Floor 21, World Trade Centre Complex, Cuffe Parade, Mumbai 400 005 or log on to www.eximbankindia.in. 6. The Directions contained in this circular have been issued under sections 10(4) and 11(1) of the Foreign Exchange Management Act (FEMA), 1999 (42 of 1999) and are without prejudice to permissions / approvals, if any, required under any .....

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