Exim Bank's Government of India supported Line of Credit (LOC) of USD 500 million to the Government of Bangladesh

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..... t (LOC) of USD 500 million to the Government of Bangladesh Export-Import Bank of India (Exim Bank) has entered into an agreement dated April 11, 2019 with the Armed Forces Division, Government of the People s Republic of Bangladesh for making available to the latter, a Government of India supported Line of Credit (LoC) of USD 500 million (USD Five hundred million only) for the purpose of .....

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..... of the procurement, the eligible goods and services up to the contract price to be supplied by the Seller from India may be further reduced from 75% to 65% and further reduction may be considered on a case to case basis, based on negotiation between the Borrower and GOI. Such exemption may be mutually agreed upon before the goods and services are tendered. 2. The Agreement under the LoC i .....

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..... ng the contents of this circular to the notice of their exporter constituents and advise them to obtain complete details of the 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 Fo .....

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