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Exim Bank's Government of India supported Line of Credit of USD 30 million to the Government of the Republic of Ghana

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..... ort 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 30 million (USD Thirty million only) for the purpose of financing rehabilitation and up-gradation of Potable Water System in Yendi, in the Republic of Ghana. Under the arrangemen .....

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..... e 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. 4. No agency commission is payable for export under the above LoC. However, if required, the exporter may use his own resources or utilize balances in his Exchange Earners Foreign Currency Account for payment of commission in free foreign excha .....

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