Exim Bank's Line of Credit of USD 22.50 million to the Government of Burkina Faso

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..... Bank) has entered into an Agreement dated January 18, 2013 with the Government of Burkina Faso, for making available to the latter, a Line of Credit (LOC) of USD 22.50 million (USD Twenty-Two million Five Hundred Thousand only) for financing eligible goods, services, machinery and equipment including consultancy services from India for the purpose of financing a low cost housing and economical bu .....

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..... reement is January 18, 2013. 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 (January 17, 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 p .....

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..... 05 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, (C. D. Srinivasan) Chief General Manager - Circular - Trade Notice - Pu .....

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