Exim Bank's GoI supported Line of Credit of USD 24.00 million to the Government of the Republic of Cote d’Ivoire

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.... Export-Import Bank of India (Exim Bank) has entered into an Agreement dated September 22, 2015 with the Government of the Republic of Cote d'Ivoire for making available to the latter, a Government of India supported Line of Credit (LOC) of USD 24.00 million (USD Twenty Four million) for financing Electricity Interconnection Project between Cote d'Ivoire and Mali. The goods, machinery, equipment,....

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....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 resources or utilize balances in his Exchange Earners' Foreign Currency Account for payment of commission in free foreign exchange. Authorised Dealer Category-....