Exim Bank's Government of India supported Line of Credit of USD 50 million to the Government of Co-operative Republic of Guyana

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..... ted March 16, 2016 with the Government of Co-operative Republic of Guyana for making available to the latter, a Government of India supported Line of Credit (LOC) of USD 50 million (USD Fifty million only) for financing East Bank East Coast Road Linkage Project in Guyana. The goods including plant, machinery, equipment and services including consultancy services from India for exports under this a .....

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..... tions 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 for payment of commission in free foreign exchange. Authorised Dealer Category- I (AD Category- I) banks may allow such remittance after realization of full p .....

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