Exim Bank to finance projects in Honduras

Mumbai, Sep 21 (UNI) Export-Import Bank of India (Exim Bank) has extended a Line of Credit (LoC) of USD 30 million to the Republic of Honduras for financing exports of eligible goods and services related to the projects for communication, medical and transportation equipment.

Out of the total credit, at least 85 per cent of the goods and services will be supplied by the seller from India or be of Indian origin, said the bank in a statement here today.

UNI