EXPORT-IMPORT BANK OF INDIA'S GOI-SUPPORTED LINE OF CREDIT OF USD 180 MN TO THE GOVERNMENT OF THE SOCIALIST REPUBLIC OF VIETNAM FOR PROCUREMENT OF 4 OFFSHORE PATROL VESSELS (OPV) IN THE BORROWER'S COUNTRY

NEW DELHI, Feb. 13 -- The Government of India issued the following FEMA circular:

RBI//2024-2025/113

A.P. (DIR Series) Circular No. 20

February 13, 2025

All Category - I Authorised Dealer Banks

Madam/Sir

Export-Import Bank of India's GOI-supported Line of Credit of USD 180 mn to the

Government of the Socialist Republic of Vietnam for procurement of 4 Offshore Patrol

Vessels (OPV) in the Borrower's Country

Export-Import Bank of India (Exim Bank) has entered into an agreement dated July 31, 2024, with the Government of the Socialist Republic of Vietnam (GO-VNM), for making available to the latter, Government of India supported Line of Credit (LoC) of USD 180 mn (USD One Hundred Eighty Million Only) for procurement of 4 Offshore Pa...