Exim Bank's Line of Credit of USD 15 million to the Government of the Republic of Togo.

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..... India (Exim Bank) has concluded an Agreement dated November 23, 2011 with the Government of the Republic of Togo, making available to the latter, a Line of Credit (LOC) of USD 15 million (USD fifteen million) for financing export of eligible goods, services, machinery and equipment including consultancy services for the purpose of financing Rural Electrification Project in Togo. The goods, servi .....

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..... 2011. 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 the case of project exports and 72 months (November 22, 2017) 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 issue .....

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..... imbankindia.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, (Rashmi Fauzdar) Chief General Manager - Circular - Trade Notice - Public Notice - Instructions - .....

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