Exim Bank will reimburse 100 per cent of contract value to Indian exporters, upfront upon the shipment of goods, a press release issued here stated.
Exim Bank already has two Lines of Credit amounting to $26.4 million that have been extended to the Government of Suriname.
It also already has in place 92 Lines of Credit, covering 89 countries in Africa, Asia, Latin America, Europe and the CIS, with credit commitments amounting to $three billion, available for financing exports from India, the release added.
