Exim Bank's Line of Credit of USD 10 million to the Government of the Republic of Gambia

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..... Line of Credit of USD 10 million to the Government of the Republic of Gambia Export-Import Bank of India (Exim Bank) has concluded an Agreement dated August 8, 2008 with the Government of the Republic of Gambia making available to the latter, a Line of Credit (LOC) of USD 10 million (USD ten million) for financing export of goods from India for financing construction of National Asse .....

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..... 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 (August 7, 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 time to time. 4. No a .....

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..... ed 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 - Instructions - Office orders Tax Ma .....

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