Exim Bank's Line of Credit of USD 33 million to the Government of Lao People's Democratic Republic (Lao PDR)

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..... ks Madam / Sir, Exim Bank's Line of Credit of USD 33 million to the Government of Lao People's Democratic Republic (Lao PDR) Export-Import Bank of India (Exim Bank) has concluded an Agreement dated August 27, 2008 with the Government of Lao People's Democratic Republic, making available to the latter, a Line of Credit (LOC) of USD 33 million (USD thirty three million) for the purpose of fi .....

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..... es (other than consultancy services) may be procured by the seller for the purpose of Eligible Contract from outside India. 2. The Credit Agreement under the LOC is effective from October 14, 2008 and date of execution of Agreement is August 27, 2008. Under the LOC, the last date for opening of Letters of Credit and Disbursement will be 48 months from the scheduled completion date(s) of contract .....

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..... to the notice of their exporter constituents and advise them to obtain full details of the Line of Credit from Exim Bank's office at Centre One, Floor 21, World Trade Centre Complex, Cuffe Parade, Mumbai 400 005 or log on to www.eximbankindia.in. 6. The Directions contained in this circular have been issued under sections 10(4) and 11(1) of the Foreign Exchange Management Act (FEMA), 1999 (42 o .....

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