Exim Bank's Line of Credit of USD 166.23 million to the Government of the Federal Democratic Republic of Ethiopia

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....ir, Exim Bank's Line of Credit of USD 166.23 million to the Government of the Federal Democratic Republic of Ethiopia Export-Import Bank of India (Exim Bank) has concluded an Agreement dated January 27, 2009 with the Government of the Federal Democratic Republic of Ethiopia making available to the latter, a Line of Credit (LOC) of USD 166.23 million (USD One hundred sixty six million two hundred....

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.... from outside India. 2. The Credit Agreement under the LOC is effective from June 1, 2009 and date of execution of Agreement is January 27, 2009. 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 (January 26, 2015) from the execution date of the Credit Agree....