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Exim Bank's Line of Credit (LOC) of USD 20 million to the Government of the Republic of Mozambique
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.... Banks Madam / Sir, Exim Bank's Line of Credit (LOC) of USD 20 million to the Government of the Republic of Mozambique Export-Import Bank of India (Exim Bank) has concluded an agreement dated August 17, 2006 withtheGovernmentof the Republic of Mozambique, making available to the latter, a Line of Credit (LOC) for USD 20 million (USD Twenty million) to facilitate purchase of eligible goods....
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....expire at the end of 48 months from the scheduled completion date(s) of contract(s) in case of project exports and August 16, 2012 (72 months from date of execution of Credit Agreement in case of supply contracts). 4. Shipments under the credit will have to be declared on GR / SDF Forms as per instructions issued by Reserve Bank from time to time. 5. No agency commission shall be payable in ....