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Exim Bank s GoI supported Line of Credit of USD 6.20 million to Myanma Foreign Trade Bank

Exim Bank s GoI supported Line of Credit of USD 6.20 million to Myanma Foreign Trade Bank - FEMA - 08 - Dated:- 13-8-2015 - RBI/2015-16/151 A.P.(DIR Series) Circular No.8 August 13, 2015 To All Category - I Authorised Dealer Banks Madam / Sir, Exim Bank's GoI supported Line of Credit of USD 6.20 million to Myanma Foreign Trade Bank Export-Import Bank of India (Exim Bank) has entered into an Agreement dated May 22, 2015 with the Myanma Foreign Trade Bank, Republic of Union of Myanmar, for mak .....

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Foreign Trade Policy of the Government of India and whose purchase 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 supplied by the seller from India and the remaining 25% goods and services (other than consultancy services) may be procured by the seller for the purpose of the eligible contract from outside .....

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