Exim Bank's Line of Credit of USD 25 million to the Government of the Syrian Arab Republic

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....llion to the Government of the SyrianArab Republic Export-Import Bank of India (Exim Bank) has concluded an Agreement dated June 5 ,2008 with the Government of the Syrian Arab Republic making available to the latter, a Line of Credit (LOC) of USD 25 million (USD twenty five million ) for financing export of goods from India . The goods from India for exports under this Agreement are those which a....

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....ution 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, if required, the exporter may use his own resources or utilize balances of his Exchange Earners' Foreign Currency Account for payment of....