Exim Bank's Line of Credit to the Government of the Republic of Malawi

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....p;                                           All Category - I Authorised Dealer Banks Madam / Sir, Exim Bank's Line of Credit of USD 50 million to the Government of the Republic of....

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.... 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 75 per cent of the contract price shall be supplied by the seller from India, and the remaining 25 per cent goods and services (other than consultancy services) may be procured by the seller for the purpose of Eligible Contract from outsid....

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.... 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 constituents and advise them to obtain full details of t....