Exim Bank's Line of Credit of USD 19.50 million to the Government of the Socialist Republic of Vietnam

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....of India (Exim Bank) has entered into an Agreement dated July 11, 2013 with the Government of the Socialist Republic of Vietnam, for making available to the latter, a Line of Credit (LOC) of USD 19.50 million (USD Nineteen Million Five Hundred Thousand) for financing eligible goods, machinery, equipment, works and services including consultancy services from India for the purpose of financing two ....

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....date of execution of Agreement is July 11, 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 10, 2019) from the execution date of the Credit Agreement in the case of supply contracts. 3. Shipments under the LOC will have to be declared on GR ....