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Exim Bank's Line of Credit to the Republic of Zimbabwe

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..... the Republic of Zimbabwe, for making available to the latter, a Line of Credit (LOC) of USD 28.60 million (USD Twenty- eight million six hundred thousand only) for financing eligible goods, services, machinery and equipment including consultancy services from India for the purpose of financing upgradation of Deka Pumping Station and River Water Intake System in Zimbabwe. The goods, services, mach .....

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..... f 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 (June 20, 2019) 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 agency .....

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