Exim Bank's Line of Credit to the Government of the United Republic of Tanzania

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..... ort Bank of India (Exim Bank) has concluded an Agreement dated October 2, 2012 with the Government of the United Republic of Tanzania, making available to the latter, a Line of Credit (LOC) of USD 178.125 million (USD one hundred seventy eight million and one hundred twenty five thousand) for the purpose of augmentation of water supply scheme of Dar-es-Salaam and Chalinze regions in Tanzania. The .....

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..... is October 2, 2012. 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 the case of project exports and 72 months (October 1, 2018) from the execution date of the Credit Agreement in the case of supply contracts. 3. Shipments under the LOC will have to be declared on GR / SDF Forms as per instru .....

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..... 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, (Dr. Sujatha Elizabeth Prasad) Chief General Manager-in-Charge - Circular - Tra .....

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