RESERVE BANK OF INDIALine of Credit Agreement • November 15th, 2018
Contract Type FiledNovember 15th, 2018Export-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 27.5 million (USD Twenty seven million and five hundred thousand only) for the purpose of financing up-gradation of transmission network infrastructure in the Republic of Suriname. Under the arrangement, financing of export of eligible goods and services from India, as defined under the agreement, would be allowed subject to their being eligible for export under the Foreign Trade Policy of the Government of India and whose purchase may be agreed to be financed by the Exim Bank under this agreement. Out of the total credit by Exim Bank under this agreement, goods and services of the value of at least 75 per cent of the contract price shall be supplied by the Seller from India and the remaining 25 per cent of goods and services may be procured by the Seller
RESERVE BANK OF INDIALine of Credit Agreement • November 15th, 2018
Contract Type FiledNovember 15th, 2018Export-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 helicopters in the Republic of Suriname. Under the arrangement, financing of export of eligible goods and services from India, as defined under the agreement, would be allowed subject to their being eligible for export under the Foreign Trade Policy of the Government of India and whose purchase may be agreed to be financed by the Exim Bank under this agreement. Out of the total credit by Exim Bank under this agreement, goods and services of the value of at least 75 per cent of the contract price shall be supplied by the Seller from India and the remaining 25 per cent of goods and services may be procured by the Selle