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    <title>Exim Bank&#039;s Line of Credit (LOC) of USD 11 million to the Government of the Republic of Senegal</title>
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    <description>Exim Bank&#039;s Line of Credit to the Government of Senegal finances Indian exports provided at least 85 percent of credit funds purchases of eligible Indian-origin goods. Terminal utilisation periods differ for project exports and other supply contracts. Shipments must be declared on GR/SDF forms. Agency commission is not payable from LOC funds; exporters may use their own resources or EEFC balances for commission payments in free foreign exchange after full realisation, subject to AD Category I bank compliance. Directions are issued under FEMA and do not replace other required approvals.</description>
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