Exim Bank's Line of Credit of USD 76.50 million to the Government of the Republic of Malawi

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..... ncluded an Agreement dated December 13, 2012 with the Government of the Republic of Malawi, for making available to the latter, a Line of Credit (LOC) of USD 76.50 million (USD Seventy six million five hundred thousand) for financing eligible goods, services, machinery and equipment including consultancy services from India for the purpose of a) development of irrigation network under greenbelt in .....

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..... tside India. 2. The Credit Agreement under the LOC is effective from March 13, 2013 and the date of execution of Agreement is December 13, 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 (December 12, 2018) from the execution date of the Credit A .....

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..... Credit from the Exim Bank's office at Centre One, Floor 21, World Trade Centre Complex, Cuffe Parade, Mumbai 400 005 or log on to http://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 o .....

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