Exim Bank's Line of Credit of USD 25 million to the Government of the Republic of Niger

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..... t Bank of India (Exim Bank) has entered into an Agreement dated March 14, 2014 with the Government of the Republic of Niger for making available to the latter, a Line of Credit (LOC) of USD 25 million (USD Twenty Five million) for financing eligible goods, machinery, equipment and services including consultancy services from India for the purpose of financing Potable Water for Semi Urban and Rural .....

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..... ch 14, 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 (March 13, 2020) from the execution date of the Credit Agreement in the case of other supply contracts. 3. Shipments under the LOC will have to be declared on GR / SDF Forms as per instruc .....

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..... 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 - P .....

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