Exim Bank's Line of Credit of USD 30 million to the Government of the Republic of Malawi

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..... million to the Government of the Republic of Malawi Export-Import Bank of India (Exim Bank) has concluded an Agreement dated May 14, 2008 with the Government ofthe Republic of Malawi, making available to the latter, a Line of Credit (LOC) of USD 30 million (USD thirty million) for financing eligible goods and services including consultancy services from India for supply of irrigation, storage, t .....

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..... f Agreement is May 14, 2008. 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 (May 13, 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 instructio .....

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..... ww. 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 other law. Yours faithfully, (Salim Gangadharan) Chief General Manager-in-Charge
Circular, Trade Notice, Public Notice, Instruction .....

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