Exim Bank's Line of Credit of USD 26.50 million to the Government of the Republic of Honduras

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..... xport-Import Bank of India (Exim Bank) has entered into an Agreement dated January 15, 2014 with the Government of the Republic of Honduras for making available to the latter, a Line of Credit (LOC) of USD 26.50 million (USD Twenty six million and five Hundred Thousand) for financing eligible goods, machinery, equipment and services from India for the purpose of financing Development of Agricultur .....

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..... nd the date of execution of Agreement is January 15, 2014. 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 14, 2020) from the execution date of the Credit Agreement in the case of other supply contracts. 3. Shipments under the LOC will have .....

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..... tre 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. Srinivasan) Chief Gener .....

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