Exim Bank's GoI supported Line of Credit of USD 5.38 million to the Fiji Sugar Corporation Limited

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....India (Exim Bank) has entered into an Agreement dated February 04, 2015 with the Fiji Sugar Corporation Limited, for making available to the latter, a Government of India supported Line of Credit (LOC) of USD 5.38 million (USD Five million and three hundred and eighty thousand) for financing upgradation of sugar industry in Fiji. The goods, machinery, equipment and services including consultancy s....

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....e of contract in the case of project exports and March 24, 2021 (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 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 ....