Exim Bank's Line of Credit of USD 29.50 million to the Government of the Central African Republic

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..... Exim Bank's Line of Credit of USD 29.50 million to the Government of the Central African Republic Export-Import Bank of India (Exim Bank) has concluded an Agreement dated October 23, 2008 with the Government of the Central African Republic making available to the latter, a Line of Credit (LOC) of USD 29.50 million (USD twenty nine million five hundred thousand) for financing eligible goods .....

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..... the purpose of Eligible Contract from outside India. 2. The Credit Agreement under the LOC is effective from December 29, 2008 and date of execution of Agreement is October 23, 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 (October 22, 2014) from .....

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..... btain full details of 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 / approval .....

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