Exim Bank's GoI supported Line of Credit of USD 2 billion to the Government of the People’s Republic of Bangladesh

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....esh Export-Import Bank of India (Exim Bank) has entered into an Agreement dated March 09, 2016 with the Government of the People's Republic of Bangladesh, for making available to the latter, a Government of India supported Line of Credit (LOC) of USD 2 billion (USD Two billion) for financing various social and infrastructure development projects such as Power, Railways, Road Transportation, Infor....

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....ojects involving civil construction, the eligible goods upto the contract price supplied by the seller from India may be further reduced from 75% to 65% and further reduction can be considered on a case to case basis, provided the sourcing is not from a third country. 2. The credit agreement under the LOC is effective from May 27, 2016 and the date of execution of agreement is March 09, 2016. Und....