Exim Bank's Government of India supported Line of Credit of USD 4 million to the Government of the Co-operative Republic of Guyana

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..... on to the Government of the Co-operative Republic of Guyana Export-Import Bank of India (Exim Bank) has entered into an agreement dated February 22, 2017 with the Government of the Co-operative Republic of Guyana for making available to the latter, a Government of India supported Line of Credit (LoC) of USD 4 million (USD Four million only) for the purpose of financing the procurement of high .....

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..... cured by the seller for the purpose of the eligible contract from outside India. 2. The Agreement under the LoC is effective from April 18, 2017. Under the LoC, the terminal utilization period is 60 months after the scheduled completion date of the project. 3. Shipments under the LoC will have to be declared on Export Declaration Form as per instructions issued by the Reserve Bank from time .....

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..... The directions contained in this circular have been issued under Section 10(4) and Section 11(1) of the Foreign Exchange Management Act, 1999 (42 of 1999) and are without prejudice to permissions / approvals, if any, required under any other law. Yours faithfully, (Deepak Kumar) Chief General Manager - Circular - Trade Notice - Public Notice - Instructions - Office orders Tax .....

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