Exim Bank's Line of Credit of USD 30.94 million to the Government of Lao People's Democratic Republic

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..... f India (Exim Bank) has entered into an Agreement dated September 09, 2013 with the Government of Lao People's Democratic Republic, for making available to the latter, a Line of Credit (LOC) of USD 30.94 million (USD Thirty Million nine hundred and forty thousand) for financing eligible goods, services, machinery and equipment including consultancy services from India for the purpose of financing .....

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..... eement under the LOC is effective from November 26, 2013 and the date of execution of Agreement is September 09, 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 (September 08, 2019) from the execution date of the Credit Agreement in the case of su .....

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..... 's office at Centre One, Floor 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 .....

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