Exim Bank's Line of Credit of USD 5 million to Banco Exterior De Cuba

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..... 2012 with Banco Exterior De Cuba, for making available to the latter, a Line of Credit (LOC) of USD 5 million (USD Five million ) for financing eligible goods, services, machinery and equipment including consultancy services from India for the purpose of setting up of a milk powder processing plant in Camaguey Province of Cuba. The goods, services, machinery and equipment including consultancy se .....

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..... etters 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 09, 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 instructions issued by the Reserve Bank from time to time. 4. No agency .....

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