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Exim Bank s GoI supported Line of Credit of USD 0.17 million to the Government of the Republic of Burundi

Exim Bank s GoI supported Line of Credit of USD 0.17 million to the Government of the Republic of Burundi - FEMA - 26 - Dated:- 12-1-2017 - RBI/2016-17/211 A.P. (DIR Series) Circular No. 26 January 12, 2017 To All Category - I Authorised Dealer Banks Madam / Sir, Exim Bank's GoI supported Line of Credit of USD 0.17 million to the Government of the Republic of Burundi Export-Import Bank of India (Exim Bank) has entered into an Agreement dated February 14, 2014 with the Government of the Repub .....

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Bank under this Agreement. Out of the total credit by Exim Bank under this Agreement, services of the value of at least 75% of the contract price shall be supplied by the seller from India and the remaining 25% 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 December 20, 2016. Under the LOC, the last date for opening of letter of Credit and disbursement will be 48 months for Project Export .....

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