Exim Bank's Line of Credit of USD 4.3 million to the Government of Suriname

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..... ion to the Government of Suriname Export-Import Bank of India (Exim Bank) has concluded an Agreement dated February 25, 2009 with the Government of Suriname making available to the latter, a Line of Credit (LOC) of USD 4.3 million (USD four million three hundred thousand) for financing export of eligible goods and services including consultancy services, from India for the purpose of financin .....

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..... Agreement is February 25, 2009. 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 (February 24, 2015) 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 .....

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..... 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, (Salim Gangadharan) Chief General Manager-in-Charge - Circular - Trad .....

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