Exim Bank's Government of India supported Line of Credit of USD 78 million to the Government of the Republic of Sierra Leone

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..... to the Government of the Republic of Sierra Leone Export-Import Bank of India (Exim Bank) has entered into an agreement dated August 11, 2016 with the Government of the Republic of Sierra Leone for making available to the latter, a Government of India supported Line of Credit (LOC) of USD 78 million (USD Seventy Eight million only) for financing transmission line and substation project in the .....

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..... 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 instructions issued by the Reserve Bank from time to time. 4. No agency commission is payable under the above LOC. However, if required, the exporter may use its own resources or utilize balances in its Exchange Earners Foreign Currency Account fo .....

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