Exim Bank’s Line of Credit of US$50.40 Million to the Fiji Sugar Corporation Ltd., Fiji Islands.

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....dit of US$50.40 Million to the Fiji Sugar Corporation Ltd., FijiIslands. The Export-Import Bank of India (Exim Bank) has concluded an agreement with the Fiji Sugar Corporation Ltd., Fiji Islands making available to the latter a Line of Credit (LOC) upto an aggregate sum of USD 50.40 Million (US Dollar Fifty million Four Hundred Thousand only). The credit agreement has become effective on January ....

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....ayable under the above line of credit. However, if required the exporter may use his own resources or utilize balances of his EEFC account for payment of commission in free foreign exchange. Authorised Dealer banks may allow such remittance after realisation of full payment of contract value subject to compliance of prevailing instructions on payment of agency commission. 5. Authorised Dealer ban....