Exim Bank's GoI supported Line of Credit of USD 100 million to the Government of Socialist Republic of Vietnam for financing supply of High Speed Patrol Vessel.

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....I supported Line of Credit of USD 100 million  to the Government of Socialist Republic of Vietnam Export-Import Bank of India (Exim Bank) has entered into an Agreement dated September 15, 2014 with the Government of Socialist Republic of Vietnam, for making available to the latter, a Line of Credit (LOC) of USD 100 million (USD One Hundred million) for financing supply of High Speed Patrol....

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....the date of execution of Agreement is September 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 of contract in the case of project exports and September 14, 2020 (72 months from the execution date of the Credit Agreement) in the case of other supply contracts. 3. Shipments under the LOC will have to be....