Exim Bank's Line of Credit of USD 22.50 million to the Government of the Republic of Gambia

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..... Export-Import Bank of India (Exim Bank) has entered into an Agreement dated October 29, 2014 with the Government of the Republic of Gambia for making available to the latter, a Line of Credit (LOC) of USD 22.50 million (USD Twenty two million Five hundred thousand) for financing eligible goods, machinery, equipment and services including consultancy services from India for the purpose of financing .....

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..... er 26, 2014 and the date of execution of Agreement is October 29, 2014. Under the LOC, the last date for opening of Letters of Credit and Disbursement will be 48 months from the scheduled completion date of contract in the case of Project exports and 72 months (October 28, 2020) from the execution date of the Credit Agreement in the case of supply contracts. 3. Shipments under the LOC will have .....

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..... ntre 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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