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Exim Bank's Line of Credit of USD 30 million to the Government of the Republic of Cote d'Ivoire - FEMA - Circular No. 34

Extract

..... luding machinery, equipment and consultancy services from India for the purpose of financing electricity interconnection project between Cote d'Ivoire and Mali. The goods and services including consultancy services from India for exports under this Agreement are those which are eligible for export under the Foreign Trade Policy of the Government of India and whose purchase may be agreed to be financed by the Exim Bank under this Agreement. Out of the total credit by Exim Bank under this Agreemen .....

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Exim Bank's Line of Credit of USD 30 million to the Government of the Republic of Cote d'Ivoire - FEMA

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..... own resources or utilize balances in his Exchange Earners' Foreign Currency Account for payment of commission in free foreign exchange. Authorised Dealer Category- l (AD Category-l) banks may allow such remittance after realization of full payment of contract value subject to compliance with the prevailing instructions for payment of agency commission. 5. AD Category-I banks may bring the contents of this circular to the notice of their exporter constituents and advise them to obtain full detail .....

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Exim Bank's Line of Credit of USD 30 million to the Government of the Republic of Cote d'Ivoire - FEMA

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