Exim Bank’s Line of Credit of US$ 33.5 Million to the Government of Democratic Republic of Congo (DR Congo)

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....im Bank's Line of Credit of US$ 33.5 Million to the Government of Democratic Republic of Congo (DR Congo) The Export-Import Bank of India (Exim Bank) has concluded an agreement with the Government of Democratic Republic of Congo (DR Congo) making available to the latter a Line of Credit (LOC) upto an aggregate sum of USD 33.5 million (US Dollar Thirty three million five hundred thousand only). Th....

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....r supply contracts. 3 Shipments under the credit will have to be declared on GR/SDF Forms as per instructions issued from time to time. 4. No agency commission is payable under the above line of credit. However, if required the exporter may use his own resources or utilize balances in his EEFC account for payment of commission in free foreign exchange. Authorised Dealer banks may allow such remi....