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Exim Bank's Line of Credit of USD 41.60 million to the Government of the Union of Comoros

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....ros Export-Import Bank of India (Exim Bank) has entered into an Agreement dated February 22, 2013 with the Government of the Union of Comoros, for making available to the latter, a Line of Credit (LOC) of USD 41.60 million (USD Forty one million and six hundred thousand only) for financing eligible goods, services, machinery and equipment including consultancy services from India for the purpos....

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....e LOC is effective from July 23, 2013 and the date of execution of Agreement is February 22, 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 (February 21, 2019) from the execution date of the Credit Agreement in the case of supply contracts. 3.....