Line of credit
India-Ethiopia: Agreements signed on visa facilitation & leather technology
India and Ethiopia have signed two agreements on February 20, 2021. These agreements are related to visa facilitation and leather technology. Highlights These agreements were signed in the presence of Demeke Mekonnen Hassen, the Deputy Prime Minister and Foreign Minister ..
Month: Current Affairs - February, 2021
India inks agreement with Bangladesh for upgradation of Road into Highway
With the aim to strengthen connectivity between the North-Eastern region of India and Bangladesh, An agreement was signed by India with Bangladesh on Saturday, 25th January 2020 to upgrade 50.58 km road between Ashuganj river port and Akhaura in Bangladesh ..
Month: Current Affairs - January, 2020
EXIM Bank extends Rs 250 Crore LOC to Suriname
The Mumbai headquartered Export-Import Bank of India (EXIM Bank) on Wednesday, 22nd January 2020, on behalf of the Government of India has extended a Line of Credit (LOC) of Rs 250 crore (USD 35.80 million) to the South American country, ..
Month: Current Affairs - January, 2020
USD 500 million Line of credit to Bangladesh for Defence Procurement
Export and Import Bank of India (EXIM) has entered into an agreement with Bangladesh’s Armed Forces Division on 11th April this year for making a Government of India supported USD 500 million Line of Credit for Defence Procurements. The agreement ..
India extends LOC to Guinea
India extended Line of Credits(LOC) to Guinea on Thursday, 5th December 2019 during the visit of Guinea’s Minister of Foreign Affairs and Guineans Abroad, Mamadi Toure to India from 2-5 December 2019. Minister of External Affairs, S.Jaishankar held bilateral discussions ..
Prime Minister announces USD 450 million Line of Credit to SriLanka
Making his first overseas visit as the newly elected SriLankan President, Gotabaya Rajapaksa, arrived in New Delhi yesterday on a three-day visit to India, met the Indian Prime Minister Narendra Modi and President Ram Nath Kovind today, November 29, 2019. ..
India extends over $60 million line of credit to Comoros
India has extended more than $60 million line of credit to Union of Comoros in the field of Energy and Maritime Defence Cooperation. The announcement was made during the first-ever high-level official visit to Comoros by Vice President M. Venkaiah ..
Month: Current Affairs - October, 2019
5th Eastern Economic Forum (EEF) held in Vladivostok
The fifth edition of Eastern Economic Forum (EEF) was held in Vladivostok, Russia from September 4 to 6, 2019. It was aimed at roviding a platform for discussing issues aimed at expanding international cooperation in Asia-Pacific region and developing the ..