Exim Bank's Line of Credit of USD 5.763 million to the Government of Suriname

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..... (Exim Bank) has concluded an Agreement dated March 22, 2010 with the Government of Suriname making available to the latter, a Line of Credit (LOC) of USD 5.763 million (USD five million seven hundred sixty three thousand) for financing eligible goods and services, including consultancy services, from India for the purpose of purchase of helicopters from Hindustan Aeronautics Limited. The goods an .....

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..... Letters of Credit and Disbursement will be 48 months from the scheduled completion date(s) of contract(s) in the case of project exports and 72 months (March 21, 2016) from the execution date of the Credit Agreement in the case of supply contracts. 3. Shipments under the LOC will have to be declared on GR / SDF Forms as per instructions issued by the Reserve Bank from time to time. 4. No age .....

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..... is 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, (G. Jaganmohan Rao) Chief General Manager - Circular - Trade Notice - Public Notice - Instructions - Office orders Tax Management India - taxman .....

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