Exim Bank's Government of India supported Line of Credit (LOC) of USD 75 million to Banco Exterior De Cuba.

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... gory I Authorised Dealer Banks Madam/Sir Exim Bank's Government of India supported Line of Credit (LOC) of USD 75 million to Banco Exterior De Cuba Export-Import Bank of India (Exim Bank) has entered into an agreement dated July 16, 2019 with Banco Exterior De Cuba (nominated agency of the Government of Cuba), for making available to the latter, Government of .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... he eligible contract from outside India. 2. The Agreement under the LoC is effective from December 12, 2019. Under the LoC, the terminal utilization period is 60 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 c .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... rections 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/ approvals, if any, required under any other law. Yours faithfully (R K Moolchandani) Chief General Manager - Circular - Trade Notice - Public Notice - Instructions - .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X