Exim Bank's Line of Credit of USD 10 million to the Government of Angola

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.... Export-Import Bank of India (Exim Bank) has concluded an agreement dated July 6, 2006 with the Government of the Republic of Angola making available to the latter, a Line of Credit (LOC) for USD 10 million. The credit is available for financing export of 'SAME' brand of tractors manufactured by SAME Deutze -Fahr India (Pvt) Ltd., related implements, spares and services from India, which are eligi....

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....) 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. AD Category-I banks may bring the contents of this circular to the notice of their exporter constituents and advise them to obtain full details of the Line of Credit from Exim Bank's office at Centre One, Floor 21, World Trade C....