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    <title>Exim Bank’s Line of Credit of US$ 5 Million to Seychelles Marketing Board (SMB)</title>
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    <description>The Reserve Bank notifies that Export Import Bank has provided a line of credit to the Seychelles Marketing Board to finance exports of listed eligible goods, initial spares and related services to buyers in the borrower&#039;s country. The circular sets terminal dates for opening letters of credit and utilisation, requires GR/SDF declaration of shipments, restricts agency commission subject to limited approval and invoiced deduction in the borrower&#039;s country, directs authorised dealers to inform exporters, and cites the Foreign Exchange Management Act, 1999 as the legal basis.</description>
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    <pubDate>Tue, 04 Mar 2003 00:00:00 +0530</pubDate>
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      <title>Exim Bank’s Line of Credit of US$ 5 Million to Seychelles Marketing Board (SMB)</title>
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      <description>The Reserve Bank notifies that Export Import Bank has provided a line of credit to the Seychelles Marketing Board to finance exports of listed eligible goods, initial spares and related services to buyers in the borrower&#039;s country. The circular sets terminal dates for opening letters of credit and utilisation, requires GR/SDF declaration of shipments, restricts agency commission subject to limited approval and invoiced deduction in the borrower&#039;s country, directs authorised dealers to inform exporters, and cites the Foreign Exchange Management Act, 1999 as the legal basis.</description>
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      <pubDate>Tue, 04 Mar 2003 00:00:00 +0530</pubDate>
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