Exim Bank's Line of Credit to Government of the United Republic of Tanzania

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.... Exim Bank's Line of Credit of USD 40 million to the Government of the United Republic of Tanzania Export-Import Bank of India (Exim Bank) has concluded an Agreement dated May 28, 2009 with the Government of the United Republic of Tanzania making available to the latter, a Line of Credit (LOC) of USD 40 million (USD forty million only) for financing eligible goods and services including consu....

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....ry 11, 2010 and date of execution of Agreement is May 28, 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 (May 27, 2015) from the execution date of the Credit Agreement in case of other supply contracts. 3.  Shipments under the LOC will have t....