Exim Bank's Government of India supported Line of Credit of USD 17.50 million to the Government of the Cooperative Republic of Guyana

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..... lion to the Government of the Cooperative Republic of Guyana Export-Import Bank of India (Exim Bank) has entered into an agreement dated July 19, 2017 with the Government of the Cooperative Republic of Guyana for making available to the latter, a Government of India supported Line of Credit (LoC) of USD 17.50 million (USD Seventeen million five hundred thousand only) for financing the up-grada .....

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..... months after the scheduled completion date of the project. 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 Accoun .....

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