Exim Bank's Line of Credit of USD 300 million to the Government of the Federal Democratic Republic of Ethiopia

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....rt-Import Bank of India (Exim Bank) has entered into an Agreement dated June 13, 2013 with the Government of the Federal Democratic Republic of Ethiopia, for making available to the latter, a Line of Credit (LOC) of USD 300 million (USD Three hundred million only) for financing eligible goods, including machinery and equipment and services(including preparation of the Detailed Project Report) incl....

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.... of Eligible Contract from outside India. 2. The Credit Agreement under the LOC is effective from July 15, 2013 and the date of execution of Agreement is June 13, 2013. 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 (June 12, 2019) from the execution ....