Exim Bank's Government of India supported Line of Credit (LoC) of USD 10.40 million to the Government of the Kingdom of Eswatini (Swaziland)

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.... the Government of the Kingdom of Eswatini (Swaziland) Export-Import Bank of India (Exim Bank) has entered into an agreement dated February 01, 2021 with the Government of the Kingdom of Eswatini (Swaziland), for making available to the latter, Government of India supported Line of Credit (LoC) of USD 10.40 million (USD Ten million and four hundred thousand only) for the purpose of financing cons....

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.... the eligible contract from outside India. 2. The Agreement under the LoC is effective from September 27, 2021. Under the LoC, 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 ....