Exim Bank's Line of Credit of USD 10.4 million to the Government of Suriname

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....iname Export-Import Bank of India (Exim Bank) has concluded an Agreement dated November 21, 2007 with the Government of Suriname, making available to the latter, a Line of Credit (LOC) of USD 10.4 million (USD Ten million four hundred thousand) for financing eligible goods and services including consultancy services from India for the Water Supply Project in Suriname. The goods and services, incl....

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....sbursement will be 48 months from the scheduled completion date(s) of contract(s) in case of project exports and 72 months from the execution date of the Credit Agreement in case of supply contracts. 3. Shipments under the LOC will have to be declared on GR / SDF Forms as per instructions issued by Reserve Bank from time to time. 4. No agency commission is payable under the above LOC. However, i....