Exim Bank's Line of Credit of USD 46 million to the Government of the Republic of Mauritius

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ort Bank of India (Exim Bank) has entered into an Agreement dated February 12, 2014 with the Government of the Republic of Mauritius for making available to the latter, a Line of Credit (LOC) of USD 46 million (USD Forty six million ) for financing eligible goods, machinery, equipment and services including consultancy services from India for the purpose of financing purchase of specialized defenc .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... y 15, 2014 and the date of execution of Agreement is February 12, 2014. 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 (February 11, 2020) from the execution date of the Credit Agreement in the case of supply contracts. 3. Shipments under the LOC wi .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ld Trade Centre Complex, Cuffe Parade, Mumbai 400 005 or log on 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, (C D Srinivasan) Chi .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X