With 12 MoUs and Agreements and the Participation of Leading Officials and Experts
Saudi EXIM Global Partners Forum concluded today in Riyadh, which was held from 19–20 November under the patronage of H.E. Bandar bin Ibrahim AlKhorayef, Minister of Industry and Mineral Resources and Chairman of the Bank's Board of Directors. The Forum brought together senior government and private-sector leaders, experts from export-import banks, export credit agencies, and development finance institutions from around the world, and witnessed the attendance of more than 800 participants representing over 55 countries.
Organized by Saudi EXIM Bank, the Forum aimed to enhance global dialogue on enabling international trade, showcase the latest practices and innovations in export credit and investment insurance, and strengthen international partnerships in support of sustainable global economic growth.
Over two days, the Forum featured 14 panel sessions. Day One sessions addressed key topics including global trade shifts and emerging opportunities in the Saudi economy, advancing trade in a diverse world, opportunities and challenges in the mining sector locally and internationally, and the impact of artificial intelligence and technology on the future of export financing.
Day Two sessions explored a range of topics, most notably maritime connectivity and logistics services, development finance and its impact on global trade, strengthening global growth through export credit and investment insurance, building resilient trade ecosystems across the Global South, export and investment opportunities in Africa, and export experiences in a services-driven world.
During the Forum, the Saudi EXIM Bank signed nine Memoranda of Understanding and three agreements with financial and development institutions from Asia, Europe, and Africa. On Day One, nine MoUs were signed with: the EXIM Bank of Pakistan, the Export & Investment Fund of Denmark (EIFO), the Swedish Export Credit Corporation (SEK), Turkey's DestekBank, Bank of Cyprus, the West African Development Bank (BOAD), Citi Group, MS Desk Italy, and Saudi Eksab.
These MoUs aim to enhance cooperation, expand joint projects, support SMEs, and advance supply-chain financing.
On Day Two, the Bank signed two line of credit agreements with Jordan Islamic Bank and Al Baraka Bank – Syria, aimed at strengthening trade relations and increasing the flow of Saudi non-oil exports to the Jordanian and Syrian markets. Saudi EXIM also signed a reinsurance agreement with the Swiss Export Risk Insurance Agency (SERV) to enhance insurance coverage for exporters and support supply-chain financing.
