March 14, 2014 10:45 pm | Updated May 19, 2016 08:43 am IST - MUMBAI:
The Export-Import Bank of India (Exim Bank) has, at the behest of the Government of India, extended a Line of Credit of $89.90 million to the Government of Congo, for developing transportation system. Under the LOC, the Bank will reimburse 100 per cent of contract value to the Indian exporters upfront upon shipment of equipment and goods/ provision of services.
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