Exim Bank's Line of Credit of USD 14.50 million to the Government of the Gabonese Republic
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.... Madam / Sir, Exim Bank's Line of Credit of USD 14.50 million to the Government of the Gabonese Republic Export-Import Bank of India (Exim Bank) has concluded an Agreement dated January 18, 2008 with the Government of the Gabonese Republic, making available to the latter, a Line of Credit (LOC) of USD 14.50 million (USD fourteen million five hundred thousand) for financing expor....
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....s January 18, 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 the housing project. 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 e....
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