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of <h1>Exim Bank Provides $21.72M Credit to Ghana for Fish Harvesting and Waste Management Projects, Prioritizing Indian Goods.</h1> Exim Bank has established a Line of Credit (LOC) of USD 21.72 million with the Government of Ghana, as per an agreement dated May 6, 2010. This LOC is intended to finance goods and services, including consultancy, from India for projects related to fish harvesting and waste management in Ghana. At least 85% of the contract value must be supplied from India, with the remainder potentially sourced elsewhere. The LOC is effective from September 3, 2010, with specific timelines for contract completion and disbursement. No agency commission is payable, but exporters can use their resources for commission payments. Compliance with FEMA regulations is required.
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