Page 21 - BANKING FINANCE JULY 2016

EXPORT IMPORT NEWS

NEWSEXPORT-IMPORT BANK

Exim Bank opened up in Abidjan, West Africa Exim and Russian Bank-

Export-Import terest in countries namely Benin, agrees for institutional
Bank of India Burkina Faso, Cameron, Cape Verde,
inaugurated a Central African Republic, Chad, Côte cooperation
Representa- d'Ivoire, Equatorial Guinea, Gabon,
tive Office at Ghana, Guinea, Guinea-Bissau, Liberia, Export-Import Bank of India and The
Abidjan, Côte d'Ivoire, West Africa. The Mali, Mauritania, Niger, Nigeria, Sao State Corporation "Bank for Develop-
Government of the Republic of Côte Tome Principe, Senegal, Sierra Leone ment and Foreign Economic Affairs
d'Ivoire accorded "Accord de Siège" sta- and Togo. (Vnesheconombank)" Russia, have en-
tus to Exim Bank's Representative Of- tered into a cooperation agreement
fice in Abidjan. The "Accord de Siège" Mr. Mathur in his opening remarks at the sidelines of the D20 confer-
to this effect was signed in Abidjan by stated that Exim Bank through its glo- ence. The principal objective of this
Mr. Yaduvendra Mathur, Chairman and bal network of offices and wide range Cooperation Agreement is to
Managing Director, on behalf of Exim of financial, advisory and capability formalise institutional cooperation so
Bank and H.E. Mr. Abdallah Albert building activities has strived to play a that both the institutions could iden-
Toikeusse Mabri, Minister of Foreign catalytic role, as a key player, in pro- tify areas for cooperation and collabo-
Affairs, on behalf of the Government of moting India's international trade and ration that are of common interest.
the Republic of Côte d'Ivoire. investment relations with partner
countries, while contributing to the The Cooperation Agreement was
Exim Bank's Representative Office in internationalisation endeavours of In- signed by Mr. David Rasquinha, Deputy
Abidjan shall look after Exim Bank's in- dian business. Managing Director of Exim Bank of
India and Mr. Nikolay Tsekhomskiy,
Exim Bank celebrates "Africa-India Partnership Day" First Deputy Chairman-Member of the
Board, Vnesheconombank.
Export-Import Bank of India in association with FICCI (Federation of Indian Cham-
bers of Commerce and Industry), and with the support The broad areas of collaboration en-
from the African Development Bank Group and the visaged in the Cooperation Agree-
Government of India, organized the "Africa-India Part- ment include, among others, infra-
nership Day" in Lusaka, Zambia, with the objective of structure projects; export financing/
sharing India's experiences in implementing projects in the Healthcare Sector export insurance and guarantees, as
with Africa. This is the fourth edition under the joint initiatives of all these insti- well as co-financing of projects; co-
tutions to be featuring as a part of the Annual meetings of the African Develop- operation in credit enhancement
ment Bank Group. mechanism; and knowledge sharing
on economic and financial conditions
On the occasion Exim Bank of India released its study on 'India-Africa Healthcare and other developments in India and
Cooperation: Way Forward', at the hands of H.E. Mr. Joseph Kasonde, Hon'ble Russia.
Health Minister for Zambia.

BANKING FINANCE | JULY | 2016 | 21

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