Exim Bank's Line of Credit of USD 40.32 million to the Government of the Republic of Chad.

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..... ort-Import Bank of India (Exim Bank) has concluded an Agreement dated January 19, 2012 with the Government of the Republic of Chad, making available to the latter, a Line of Credit (LOC) of USD 40.32 million (USD forty million three hundred and twenty thousand) for financing eligible goods, services, machinery and equipment including consultancy services from India for the purpose of financing o .....

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..... a and the remaining 25 percent goods and services (other than consultancy services) may be procured by the sellers for the purpose of Eligible Contract from outside India. 2. The Credit Agreement under the LOC is effective from July 26, 2012 and the date of execution of Agreement is January 19, 2012. Under the LOC, the last date for opening of Letters of Credit and Disbursement will be 48 months .....

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..... . AD Category-I banks may bring the contents of this circular to the notice of their exporter constituents and advise them to obtain full details of the Line of Credit from the 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) .....

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