Exim Bank provides a $7.35 million credit line to Nicaragua
Export-Import Bank of India (Exim Bank) has entered into an agreement with the government of the Republic of Nicaragua to support Line of Credit (LoC) of $7.35 million to the government.
EXIM on behalf of the Indian government is providing with this credit for the purpose of replacement and equipment of the high technology centre of Hospital Antonio Lenin Fonseca at Managua in the Republic of Nicaragua.
Under the arrangement, financing of export of eligible goods and services from India, would be allowed subject to their being eligible for export under the Foreign Trade Policy of the Government of India and whose purchase may be agreed to be financed by the Exim Bank under this agreement.