Exim Bank's Line of Credit of USD 47 million to the Government of the Republic of Mozambique

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....f Mozambique Export-Import Bank of India (Exim Bank) has entered into an Agreement dated July 04, 2013 with the Government of the Republic of Mozambique, for making available to the latter, a Line of Credit (LOC) of USD 47 million (USD forty Seven Million) for financing eligible goods, services, machinery and equipment including consultancy services from India for the purpose of financing const....

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....ffective from October 04, 2013 and the date of execution of Agreement is July 04, 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 (July 03, 2019) from the execution date of the Credit Agreement in the case of supply contracts. 3. Shipments unde....