Exim Bank's Government of India supported Line of Credit of USD 36.92 million to the Government of Cambodia

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..... of India (Exim Bank) has entered into an agreement dated January 27, 2018 with the Government of the Kingdom of Cambodia for making available to the latter, a Government of India supported Line of Credit (LoC) of USD 36.92 million (USD Thirty six million and nine hundred twenty thousand only) for financing the Stung Sva Hab/Slab water resource development project in Cambodia. Under the arrangemen .....

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..... ive contract. 3. Shipments under the LoC shall be declared in Export Declaration Form as per instructions issued by the Reserve Bank from time to time. 4. No agency commission is payable for export under the above LoC. However, if required, the exporter may use his own resources or utilize balances in his Exchange Earners' Foreign Currency Account for payment of commission in free foreign exchan .....

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