Saudi EXIM signs MoU with Mitsui to grow nation’s non-oil commodities shipments
Date
12/28/2022 1:01:01 AM
(MENAFN) Saudi Export-Import bank has inked a memorandum of understanding with Mitsui & Co. Middle East to surge the shipment of non-oil Saudi commodities and services, as the nation progressively expands its Economy which has been dependent on oil for many decades.
In line with a Saudi Press Agency report, the MoU is going to support build a framework for mutual collaboration, in line with supplying credit solutions that backs shipment actions.
The MoU was inked among Saudi EXIM chief executive Abdulaziz Al-Khalb as well as Mitsui & Co. Middle East General Manager Katsuhiro Nakagawa throughout the Saudi-Japanese Investment meeting.
Nakagawa hailed the new partnership with EXIM Bank and also mentioned that it is going to permit the trade of skills and prospects that have an optimistic effect on Saudi non-oil shipments.
Saudi Arabia’s Minister of Investment Khalid Al-Falih as well as senior staff from the two parties were also attending throughout the inking ceremony.
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