Exim Bank s Line of Credit of USD 2.712 million to the Banco Exterior De Cuba

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....Bank of India (Exim Bank) has entered into an Agreement dated September 2, 2014 with the Banco Exterior De Cuba, for making available to the latter, a Line of Credit (LOC) of USD 2.712 million (USD Two Million and Seven Hundred and Twelve Thousand) for financing the setting up of a bulk blending fertilizer plant in the Republic of Cuba. The goods, machinery, equipment and services including consul....

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....ate(s) of contract(s) in the case of project exports and 72 months 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 EDF/ SDF Forms as per instructions issued by the Reserve Bank from time to time. 4. No agency commission is payable under the above LOC. However, if required, the exporter may use his own res....