Exim Bank signs MoU with AP Govt
Hyderabad, Jan 18 (INN): Exim Bank of India and the Government of Andhra Pradesh have entered into a Memorandum of Understanding (MoU) for promotion of exports from Andhra Pradesh.
The MoU was signed by Bank's Chairman and Managing Director Yaduvendra Mathur and Industrial Promotion Commissioner Shamsher Singh Rawat.
Exim Bank seeks to support the exporters having operations in Andhra Pradesh in achieving higher exports by facilitation of market linkages through its market advisory services, which will assist in identifying suitable partners. Besides, the Bank would help develop skills through capacity building workshops, help the exporters' participation in select trade fairs and exhibitions, and through research activities.
Exim Bank would also use its strong institutional linkages that it has developed over the years with institutions in advanced markets like USA, Singapore, Japan, Australia, EU, etc, and facilitate technology transfer to the technology-seeking enterprises in Andhra Pradesh.
With its presence through a Regional Office in Hyderabad, the Bank is desirous of further extending funding facilities to exporters from the State so as to provide them opportunity to access the global market.
News Posted: 18 January, 2016
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