EXIM Banks of India & S.Korea Signed MoU

Mar 12, 2011, 16:23 IST

EXIM banks of India and South korea signed MoU in January 2011.

Export-Import Bank of India and (EXIM) the Export-Import Bank of Korea signed a Memorandum of Cooperation in New Delhi on 17 January 2011. The MoU was signed between the Exim Banks of both countries for realizing business opportunities and facilitating increased trade and investment flows between the two countries. The MOC specified that the two institutions supporting entrepreneurs from both sides for promoting trade and investment flows between the two countries must also support investment flow from South Korea and India to third countries.

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