Exim Bank's Government of India supported Line of Credit of USD 11.13 million to the Government of the Republic of Suriname

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....ublic of Suriname Export-Import Bank of India (Exim Bank) has entered into an agreement dated September 23, 2019 with the Government of the Republic of Suriname, for making available to the latter, Government of India supported Line of Credit (LoC) of USD 11.13 million (USD Eleven Million and One Hundred Thirty Thousand Only) for the purpose of financing Rehabilitation and Upgradation of De Melkc....

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....the terminal utilization period is 60 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....