Exim Bank's Line of Credit (LOC) of USD 37.65 million to the Government of the Republic of Cameroon

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....ealer Banks Madam / Sir, Exim Bank's Line of Credit (LOC) of USD 37.65 million to the Government of the Republic of Cameroon Export-Import Bank of India (Exim Bank) has concluded an Agreement dated April 20,2009  with the Government of the Republic of  Cameroon making available to the latter, a Line of Credit (LOC) of USD 37.65 million (USD thirty seven million six hundred fifty....

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....f India and whose purchase may be agreed to be financed by the Exim Bank under this Agreement. Out of the total credit by Exim Bank under this Agreement, the goods and services including consultancy services of the value of at least 85 per cent of the contract price shall be supplied by the seller from India, and the remaining 15 percent goods and services (other than consultancy services) may be ....

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....gn Currency Account for payment of commission in free foreign exchange. Authorised Dealer Category- l (AD Category-l) banks may allow such remittance after realization of full payment of contract value subject to compliance with the prevailing instructions for payment of agency commission. 5. AD Category - I banks may bring the contents of this circular to the notice of their exporter constitue....