Riyadh, Saudi Arabia— Saudi Export-Import Bank (Saudi EXIM) has signed a memorandum of understanding (MOU) with MITSUI & CO., MIDDLE EAST LTD., aiming to establish a framework for joint cooperation.
The agreement will allow the two parties to benefit from their potential, and to provide credit solutions that support the export activities of Saudi non-oil goods and services, in line with the objectives of the Kingdom’s Vision 2030 and its aspirations to develop non-oil exports and build a sustainable national economy.
Also read: Saudi EXIM Bank, Korean Commercial Insurance Company sign MoU
The bank was represented by the Chief Executive Officer, Eng. Saad bin Abdulaziz Al-Khalb, while MITSUI & CO., MIDDLE EAST LTD, was represented by General Manager, Katsuhiro Nakagawa, at the Saudi-Japanese Investment Forum, in the presence of the Minister of Investment, Eng. Khalid Al-Falih, and senior staff from both sides.
Also read: Saudi EXIM Bank and SMBC sign MoU to streamline businesses
The company’s General Manager praised this cooperation, which opens new windows for cooperation with the Saudi EXIM Bank, in a way that achieves the interest of both parties and allows the exchange of information and opportunities that have a positive impact on Saudi non-oil exports.
