Exim Bank's Credit of USD 50.40 Million to the Fiji Sugar

Mumbai, Apr 28 (UNI) Export-Import Bank of India (Exim Bank) has concluded an agreement with the Fiji Sugar Corporation Ltd., Fiji Islands making available a Line of Credit (LOC) upto an aggregate sum of USD 50.40 Million.

The credit agreement has become effective on January 12, 2006.

The credit is available for financing exports from India of equipment, goods and services which are eligible for export under the Foreign Trade Policy of the Government of India, for modernization, upgradation and capacity expansion of Sugar Plants of the Fiji Sugar Corporation Limited, in the Fiji Islands.

UNI GC PP SKB2019