Exim bank signs MoU with Afreximbank

Mumbai, May 16 (UNI) The Export-Import Bank of India (EXIM) today signed a memorandum of Cooperation with(MoC) with African Export-Import bank (Afreximbank) to envisage cooperation in areas including information exchange, project identification and co-financing for the promotion of trade.

T.C.Venkat Subramanian, Chairman of Exim Bank and Jean-Louis Ekra, President, Afreximbank, signd the MoC on the sidelines of the annual meeting of the board of governors of African development bank group, which is being held at Shanghai, China, a release said.

UNI