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Exim Bank's Government of India supported Line of Credit of USD 29.95 million to the Government of the Republic of Kenya

Exim Bank s Government of India supported Line of Credit of USD 29.95 million to the Government of the Republic of Kenya - FEMA - 32 - Dated:- 2-3-2017 - RBI/2016-17/237 A.P. (DIR Series) Circular No. 32 March 02, 2017 To All Category - I Authorised .....

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Government of the Republic of Kenya for making available to the latter, a Government of India supported Line of Credit (LOC) of USD 29.95 million (USD Twenty Nine million and Nine hundred Fifty thousand only) for financing up gradation of Rift Valley .....

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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, goods and services of the value of at least 72 .....

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e LOC is effective from February 17, 2017. Under the LOC, the terminal utilization period is 60 months after the scheduled completion date of the project. 3. Shipments under the LOC will have to be declared on Export Declaration Form as per instructi .....

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