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Exim Bank's Line of Credit of USD 30 million to the Government of the Republic of Mozambique

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..... Bank's Line of Credit of USD 30 million to the Government of the Republic of Mozambique Export-Import Bank of India (Exim Bank) has concluded an Agreement dated May 6, 2009 with the Government of the Republic of Mozambique making available to the latter, a Line of Credit (LOC) of USD 30 million (USD thirty million) for financing eligible goods and services, machinery and equipment inclu .....

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..... . 2. The Credit Agreement under the LOC is effective from August 26, 2009 and date of execution of Agreement is May 6, 2009. 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(s) in case of project exports and 72 months ( May 5, 2015) from the execution date of the Credit Agreement in case of supply c .....

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..... e 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 of 1999) and are without prejudice to permissions / approvals, if any, required under any other law. Yours faithfully, .....

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