Exim Bank's Government of India supported Line of Credit of USD 81 million to the Government of the Republic of Rwanda

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....ublic of Rwanda Export-Import Bank of India (Exim Bank) has entered into an Agreement on May 24, 2017 with the Government of the Republic of Rwanda for making available to the latter, a Government of India supported Line of Credit (LoC) of USD 81 million (USD Eighty one million only) for the purpose of financing establishment of ten Vocational Training Centers and four Business Incubation Centers....

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....the terminal utilization period is 60 months after the scheduled completion date of the project. 3. Shipments under the LoC will have to be declared on Export Declaration Form as per instructions issued by the Reserve Bank from time to time. 4. No agency commission is payable for export under the above LoC. However, if required, the exporter may use its own resources or utilize balances in its E....