Page-2 of Line of credit Current Affairs, GK & News

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. After a fruitful meeting with the SriLankan President, Prime Minister Narendra Modi had announced a ..

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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 Naidu from 10 – 14 October 2019. Key Highlights Both India and East African island ..

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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 economy of Russias Far East.  The participants in Summit were India, Malaysia, Japan, Australia, and ..

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Highlights: President Ram Nath Kovind Visit to Benin

President Ram Nath Kovind arrived in Benin at Cardinal Bernadine de Cotonou International Airport in Cotonou, the largest city in the West African country. This visit is part of first leg of his 3 nations’ tour to West African region which includes Gambia and Guinea from July 28 to August 3. This is first visit ..

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Exim Bank extends $500 million loan facility to 15-nation ECOWAS

The Export-Import Bank of India (Exim Bank) has inked line of credit (LoC) agreement with Bank for Investment and Development (EBID) to provide US $500 million credit facility to fund various development projects in 15-member countries of Economic Community of West African States (ECOWAS) region in western-south Africa. Key Facts The LoC of US $500 ..

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