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International Trade

International Trade

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Published by: vinothkumararaja8249 on Jul 12, 2010
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The EXIM Bank was established on January 1, 1982 for the purpose of financing,

facilitating and promoting foreign trade of India. It extends finance to exporters of

capital and manufactured goods, exporters of soft wares and consultancy services and

overseas joint ventures and construction projects abroad. The bank is the principal

financial institution in India for coordinating the work of institutions engaged in

financing export and import trade. The EXIM bank concentrates mainly on medium and

long term credit for export of goods and services on deferred payment terms.

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