Exim Bank's Line of Credit to the Government of Mongolia .

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....t of Mongolia Export-Import Bank of India (Exim Bank) has concluded an Agreement dated February 14, 2012 with the Government of Mongolia, making available to the latter, a Line of Credit (LOC) of USD 20 million (USD twenty million) for financing eligible machinery, equipments, goods and services including consultancy services for the purpose of India-Mongolia Joint Information Technology Educat....

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....rom August 23, 2012 and the date of execution of Agreement is February 14, 2012. 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 (February 13, 2018) from the execution date of the Credit Agreement in the case of supply contracts. 3. Shipments under t....