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

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....ic of Madagascar Export-Import Bank of India (Exim Bank) has concluded an Agreement dated November 14, 2008 with the Government ofthe Republic of Madagascar making available to the latter, a Line of Credit (LOC) of USD 25 million (USD twenty five million) for financing eligible goods and services including consultancy services from India for two projects viz:- (i) project for rice productivity ....

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....cember 4, 2008 and date of execution of Agreement is November 14, 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 (November 13, 2014) from the execution date of the Credit Agreement in case of supply contracts. 3. Shipments under the LOC will have ....