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Exim Bank s GoI supported Line of Credit of USD 55 million to the Government of Republic of Congo

Exim Bank s GoI supported Line of Credit of USD 55 million to the Government of Republic of Congo - FEMA - 34 - Dated:- 10-12-2015 - RBI/2015-16/264 A.P. (DIR Series) Circular No. 34 December 10, 2015 To All Category - I Authorised Dealer Banks Madam / Sir, Exim Bank's GoI supported Line of Credit of USD 55 million to the Government of Republic of Congo Export-Import Bank of India (Exim Bank) has entered into an Agreement dated February 25, 2015 with the Government of Republic of Congo, for .....

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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 India. 2. The credit agreement under the LOC is effective from October 08, 2015. The last date for opening .....

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