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of <h1>Export-Import Bank of India Grants $30.97M Credit to Burkina Faso for Agricultural Projects and Post Office Construction.</h1> The Export-Import Bank of India has established a Line of Credit (LOC) of USD 30.97 million to the Government of Burkina Faso, effective from September 21, 2006. This credit is designated for financing the export of equipment, goods, and services, including consultancy for agricultural projects and the construction of a national post office. The LOC utilization period is 48 months from the scheduled completion date for project exports and until October 10, 2012, for supply contracts. No agency commission is payable, but exporters may use their resources for commission payments. Authorised banks are instructed to inform exporters about the LOC details.
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