Exim Bank's Line of Credit of USD 25 million to the Government of the Republic of Senegal

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..... ine of Credit of USD 25 million to the Government of the Republic of Senegal Export-Import Bank of India (Exim Bank) has concluded an Agreement dated September 19, 2008 with the Government of the Republic of Senegal making available to the latter, a Line of Credit (LOC) of USD 25 million (USD twenty five million) for financing eligible goods and services including consultancy services from Indi .....

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..... t Agreement under the LOC is effective from January 2, 2009 and date of execution of Agreement is September 19, 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 (September 18 , 2014) from the execution date of the Credit Agreement in case of supply con .....

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..... fice 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 other law. Yours faithfully .....

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