Exim Bank’s GOI-supported Line of Credit of USD 448 million to the Government of Republic of Uzbekistan for Social Infrastructure and Other Development Projects

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....overnment of Republic of Uzbekistan for Social Infrastructure and Other Development Projects Export-Import Bank of India (Exim Bank) has entered into an agreement dated December 10, 2020 with the Government of Republic of Uzbekistan, for making available to the latter, Government of India supported Line of Credit (LoC) of USD 448 million (USD Four Hundred and Forty-Eight Million Only) for the pur....

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....is 60 months from the scheduled completion date of the project. 3. Shipments under the LoC shall be declared in Export Declaration Form/Shipping Bill 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 C....