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Exim Bank's Government of India supported Line of Credit of USD 4 million to the Government of the Co-operative Republic of Guyana

Exim Bank s Government of India supported Line of Credit of USD 4 million to the Government of the Co-operative Republic of Guyana - FEMA - 46 - Dated:- 4-5-2017 - RBI/2016-17/298 A.P. (DIR Series) Circular No. 46 May 04, 2017 To All Category - I Aut .....

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ary 22, 2017 with the Government of the Co-operative Republic of Guyana for making available to the latter, a Government of India supported Line of Credit (LoC) of USD 4 million (USD Four million only) for the purpose of financing the procurement of .....

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d equipment for the purpose of high capacity fixed and mobile drainage pumps and associated structure in terms of the Agreement and those which are eligible for export under the Foreign Trade Policy of the Government of India and whose purchase may b .....

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remaining 25 per cent of goods and services may be procured by the seller for the purpose of the eligible contract from outside India. 2. The Agreement under the LoC is effective from April 18, 2017. Under the LoC, the terminal utilization period is .....

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ort 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- .....

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