Exim Bank's Line of Credit of USD 20 million to Myanma Foreign Trade Bank , Myanmar
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.... Foreign Trade Bank , Myanmar Export-Import Bank of India (Exim Bank) has concluded an Agreement dated June 24 ,2008 with the Myanma Foreign Trade Bank ,Myanmar making available to the latter, a Line of Credit (LOC) of USD 20 million (USD twenty million ) for financing eligible goods and services including consultancy services from India relating to setting up of an Aluminum Conductor Steel Reinf....
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....t under the LOC is effective from September 19, 2008 and date of execution of Agreement is June 24,2008 . Under the LOC, the last date for opening of Letters of Credit and Disbursement will be 48 months from the scheduled completion date(s) of contract(s) in case of project exports and 72 months ( June 23, 2014) from the execution date of the Credit Agreement in case of supply contracts . 3. Ship....