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Exim Bank's GoI supported Line of Credit of USD 100 million to the Government of Socialist Republic of Vietnam for financing supply of High Speed Patrol Vessel.

Exim Bank s GoI supported Line of Credit of USD 100 million to the Government of Socialist Republic of Vietnam for financing supply of High Speed Patrol Vessel. - FEMA - 111 - Dated:- 18-6-2015 - RBI/2014-15/644 A.P. (DIR Series) Circular No.111 June .....

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dated September 15, 2014 with the Government of Socialist Republic of Vietnam, for making available to the latter, a Line of Credit (LOC) of USD 100 million (USD One Hundred million) for financing supply of High Speed Patrol Vessel to the Socialist R .....

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rchase may be agreed to be financed by the Exim Bank under this Agreement. Out of the total credit by Exim Bank under this Agreement, the goods and services including consultancy services of the value of at least 75% of the contract price shall be su .....

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rom May 22, 2015 and the date of execution of Agreement is September 15, 2014. Under the LOC, the last date for opening of letters of credit and disbursement will be 48 months from the scheduled completion date of contract in the case of project expo .....

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me to time. 4. No agency commission is payable under the above LOC. However, if required, the exporter may use his own resources or utilize balances in his Exchange Earners Foreign Currency Account for payment of commission in free foreign exchange. .....

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