Line of credit framework for bilateral imports: credit covers full f.o.b. value, requires approvals and LC routing through central bank. Disbursements under the line of credit occur through letters of credit opened by banks in Sri Lanka and advised to the State Bank of India, New Delhi; letters must be supported by the contract, include a prescribed reimbursement clause providing that reimbursement will be made by the State Bank of India from the line of credit, and finance the full f.o.b. value of eligible goods and services subject to government approvals, prohibition of agency commission, prescribed shipment declarations, and specified signing and drawdown deadlines.