Exim Bank's Line of Credit of USD 10 million to the Government of the Republic of Nicaragua

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....c of Nicaragua Export-Import Bank of India (Exim Bank) has entered into an Agreement dated June 14, 2013 with the Government of the Republic of Nicaragua for making available to the latter, a Line of Credit (LOC) of USD 10 million (USD Ten million ) for financing eligible goods, machinery, equipment and services including consultancy services from India for the purpose of financing purchase of ....

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....1, 2014 and the date of execution of Agreement is June 14, 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 13, 2019) from the execution date of the Credit Agreement in the case of supply contracts. 3. Shipments under the LOC will have to ....