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Exim Bank's Line of Credit of USD 5 million to the Government of the Republic of Senegal - FEMA - Circular No. 37

Extract

..... equipment and consultancy services from India for the purpose of financing supply of medical equipments, furniture and other accessories to four hospitals in Senegal. 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 Ag .....

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Exim Bank's Line of Credit of USD 5 million to the Government of the Republic of Senegal - FEMA

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..... wn 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 details .....

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Exim Bank's Line of Credit of USD 5 million to the Government of the Republic of Senegal - FEMA

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