Exim Bank's Line of Credit of USD 26.50 million to the Government of the Republic of Honduras

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....lic of Honduras Export-Import Bank of India (Exim Bank) has entered into an Agreement dated January 15, 2014 with the Government of the Republic of Honduras for making available to the latter, a Line of Credit (LOC) of USD 26.50 million (USD Twenty six million and five Hundred Thousand) for financing eligible goods, machinery, equipment and services from India for the purpose of financing Devel....

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....om August 13, 2014 and the date of execution of Agreement is January 15, 2014. 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 (January 14, 2020) from the execution date of the Credit Agreement in the case of other supply contracts. 3. Shipments unde....