The Saudi Export-Import Bank (Saudi Exim) signed a MoU with the China Export and Credit Insurance Corporation (Sinosure) to establish a cooperation framework between the two sides. 

 

The framework aims to explore various fields of cooperation, including knowledge exchange, employee training, and finance and investment opportunities in both countries, said Dr Nayef Al-Shammari, Deputy CEO of the Saudi Exim after signing the deal with Sinosure Vice President Xu Xinwei.

 

This partnership is expected to contribute to enhancing the kingdom's non-oil exports, stated Al Shammari at the signing ceremony held at the Saudi Exim Bank headquarters in Riyadh, in the presence of several senior executives from both sides.

  

This presents an opportunity to exchange information, enhance training, and develop businesses, he added.-TradeArabia News Service