Exim Bank's Line of Credit of USD 149.72 million to the Government of the Republic of Mozambique

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..... t-Import Bank of India (Exim Bank) has entered into an Agreement dated July 04, 2013 with the Government of the Republic of Mozambique, for making available to the latter, a Line of Credit (LOC) of USD 149.72 million (USD One Hundred and Forty Nine million and Seven Hundred and Twenty Thousand) for financing eligible goods, services, machinery and equipment including consultancy services from Indi .....

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..... is effective from October 04, 2013 and the date of execution of Agreement is July 04, 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 (July 03, 2019) from the execution date of the Credit Agreement in the case of supply contracts. 3. Shipments .....

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..... or 21, World Trade Centre Complex, Cuffe Parade, Mumbai 400 005 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. Srinivasa .....

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