Exim Bank's Government of India supported Line of Credit of USD 3.5 million to the Government of the Republic of Suriname

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....ic of Suriname Export-Import Bank of India (Exim Bank) has entered into an agreement dated June 20, 2018 with the Government of the Republic of Suriname for making available to the latter, a Government of India supported Line of Credit (LoC) of USD 3.5 million (USD Three million and five hundred thousand only) for the purpose of financing the servicing and maintenance of 3 (three) Chetak helicopt....

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....months after the scheduled completion date of the project. 3. Shipments under the LoC shall be declared in 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 his own resources or utilize balances in his Exchange Earners' Foreign Currency Account for....