Exim Bank's Government of India supported Line of Credit (LoC) of USD 15 million to the Government of the Republic of Sierra Leone

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..... D 15 million to the Government of the Republic of Sierra Leone Export-Import Bank of India (Exim Bank) has entered into an agreement dated December 17, 2020 with the Government of the Republic of Sierra Leone, for making available to the latter, Government of India supported Line of Credit (LoC) of USD 15 million (USD Fifteen Million only) for the purpose of expansion of the ongoing projects f .....

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..... fective from August 31, 2021. Under the LoC, the terminal utilization period is 60 months from 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. 4. No agency commission is payable for export under the above LoC. However, if required, the exporter may use his o .....

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