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Exim Bank's Line of Credit of USD 1 billion to the Government of the People's Republic of Bangladesh
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.... billion to the Government of the People's Republic of Bangladesh Export-Import Bank of India (Exim Bank) has concluded an Agreement dated August 7, 2010 with the Government of the People's Republic of Bangladesh making available to the latter, a Line of Credit (LOC) of USD 1 billion (USD one billion) for financing eligible goods and services including project exports and consultancy serv....
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....11 and the date of execution of Agreement is August 7, 2010. 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 the case of project exports and 72 months (August 6, 2016) from the execution date of the Credit Agreement in the case of supply contracts. 3. Shipments under the LO....