Exim Bank's Government of India supported Line of Credit of USD 100 million to the Government of Independent State of Papua New Guinea

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..... Exim Bank's Government of India supported Line of Credit of USD 100 million to the Government of Independent State of Papua New Guinea Export-Import Bank of India (Exim Bank) has entered into an agreement dated January 17, 2019 with the Government of the Independent State of Papua New Guinea for making available to the latter, a Government .....

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..... dia and the remaining 25 per cent of goods and services may be procured by the Seller for the purpose of the eligible contract from outside India. 2. The Agreement under the LoC is effective from June 25, 2019. Under the LoC, the terminal utilization period is 60 months from the scheduled completion date of the project. 3. Shipments under t .....

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..... LoC from the Exim Bank s office at Centre One, Floor 21, World Trade Centre Complex, Cuffe Parade, Mumbai 400 005 or from their website www.eximbankindia.in 6. The directions contained in this circular have been issued under section 10(4) and 11(1) of the Foreign Exchange Management Act (FEMA), 1999 (42 of 1999) and are without prejudice to permissions/ approv .....

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