Exim Bank's GoI supported Line of Credit of USD 35.00 million to the Government of the Republic of Guinea

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....-Import Bank of India (Exim Bank) has entered into an Agreement dated September 9, 2015 with the Government of the Republic of Guinea for making available to the latter, a Government of India supported Line of Credit (LOC) of USD 35.00 million (USD Thirty Five million) for construction and up gradation of regional hospitals at Kankan and Nzerekore in Guinea. The goods, machinery, equipment, and se....

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....edit and Disbursement will be 48 months for Project Export Contracts from the schedule completion date(s) of contract(s) and 72 months for supply contracts, from the date of execution of the Agreement. 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. ....