TMI BlogExim Bank's Line of Credit of USD 15 million to the Government of Sierra LeoneX X X X Extracts X X X X X X X X Extracts X X X X ..... rnment of Sierra Leone Export-Import Bank of India (Exim Bank) has concluded an Agreement dated November 14, 2008 with the Government of Sierra Leone making available to the latter, a Line of Credit (LOC) of USD 15 million (USD fifteen million) for financing export of goods from India for development of commercial agriculture which envisages procurement of tractors and connected implements, harv ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... eement is November 14, 2008. 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 (November 13, 2014) from the execution date of the Credit Agreement in case of supply contracts . 3. Shipments under the LOC will have to be declared on GR / SDF Forms as per inst ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... n 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,
(Salim Gangadharan)
Chief General Manager-in-Charge X X X X Extracts X X X X X X X X Extracts X X X X
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