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Exim Bank s GoI supported Line of Credit of USD 86.31 million to Myanma Foreign Trade Bank (MFTB) Myanmar

Exim Bank s GoI supported Line of Credit of USD 86.31 million to Myanma Foreign Trade Bank (MFTB), Myanmar - FEMA - 2 - Dated:- 14-7-2016 - RBI/2016-17/13 A.P. (DIR Series) Circular No. 02 July 14, 2016 To All Category - I Authorised Dealer Banks Madam/Sir, Exim Bank's GoI supported Line of Credit of USD 86.31 million to Myanma Foreign Trade Bank (MFTB), Myanmar Export-Import Bank of India (Exim Bank) has entered into an agreement dated December 11, 2013 with Myanma Foreign Trade Bank (MFTB) .....

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goods, machinery, equipment, and services including consultancy services from India for exports under this Agreement are those which are eligible for export under the 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 f .....

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