Exim Bank's Line of Credit of USD 20 million to the Government of the Republic of Mozambique.

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....zambique Export-Import Bank of India (Exim Bank) has concluded an Agreement dated March 28, 2011 with the Government of the Republic of Mozambique, making available to the latter, a Line of Credit (LOC) of USD 20 million (USD twenty million) for financing eligible goods, services, machinery and equipment including consultancy services to be exported from India for the purpose of enhancing produ....

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....rom June 2, 2011 and the date of execution of Agreement is March 28, 2011. 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 (March 27, 2017) from the execution date of the Credit Agreement in the case of supply contracts. 3. Shipments under the LOC wi....