Exim Bank's Government of India supported Line of Credit of USD 150 million to the Government of the Republic of Ghana

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..... Exim Bank's Government of India supported Line of Credit of USD 150 million to the Government of the Republic of Ghana Export-Import Bank of India (Exim Bank) has entered into an agreement dated April 05, 2019 with the Government of the Republic of Ghana for making available to the latter, a Government of India supported Line of Credit (LoC) of USD 150 m .....

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..... outside India. 2. The Agreement under the LoC is effective from June 03, 2019. Under the LoC, the terminal utilization period is 60 months after the scheduled completion date of the project. 3. Shipments under the LoC shall be declared in Export Declaration Form as per instructions issued by the Reserve Bank from time to time. .....

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..... ebsite www.eximbankindia.in 6. The directions contained in this circular have been issued under section 10(4) and 11(1) of the Foreign Exchange Management Act (FEMA), 1999 (42 of 1999) and are without prejudice to permissions/ approvals, if any, required under any other law. Yours faithfully (R K .....

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