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<h1>India's Export-Import Bank Establishes $10M Credit Line with Moroccan Bank to Boost Trade.</h1> The Export-Import Bank of India has established a Line of Credit (LOC) of USD 10 million with Banque Marocaine du Commerce Exterieur in Morocco, effective from July 22, 2005. This LOC supports the export of eligible items from India to Morocco under the Indian Foreign Trade Policy. The deadline for opening letters of credit is July 21, 2007, and for disbursement is January 21, 2008. Exporters can pay agency commissions using their own resources or EEFC accounts, subject to certain conditions. Authorised dealer banks are instructed to inform exporters of these provisions, issued under the Foreign Exchange Management Act, 1999.