Exim Bank's Line of Credit of USD 25 million to the Government of the Republic of Mozambique
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....on to the Government of the Republic of Mozambique Export-Import Bank of India (Exim Bank) has concluded an Agreement dated December 2, 2008 with the Government of the Republic of Mozambique 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 IT Park project which....
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....Agreement under the LOC is effective from April 13, 2009 and date of execution of Agreement is December 2, 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 (December 1, 2014) from the execution date of the Credit Agreement in case of supply contacts. ....