Exim Bank's GoI supported Line of Credit of USD 0.17 million to the Government of the Republic of Burundi

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....ort Bank of India (Exim Bank) has entered into an Agreement dated February 14, 2014 with the Government of the Republic of Burundi for making available to the latter, a Government of India supported Line of Credit (LOC) of USD 0.17 million (USD One hundred seventy thousand) for the purpose of financing for preparation of detailed project report for an Integrated Food Processing Complex in Burundi.....

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....upply contracts, from the date of execution of the Agreement. 3. Shipments under the LOC will have to be declared 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 fr....