Promoting Saudi non-oil exports to Türkiye
The Saudi Export-Import Bank (Saudi EXIM) has signed a credit line agreement with Türk Eximbank, to promote the flow of Saudi non-oil exports to Türkiye and to foster stronger trade relations between the two countries.
The agreement was signed in Istanbul by Mr. Mohammed AlAbdulmohsen, Head of Financial Institutions at Saudi EXIM, and Mr. Taner Yavuz, Executive Vice President for Strategy and Finance at Türk Eximbank.
The agreement reflects the strategic objective of Saudi EXIM to create innovative credit solutions, driving the growth and competitiveness of Saudi non-oil exports in global markets through partnerships with leading international financial institutions. It advances this objective with a particular focus on the Turkish market. By incentivizing Turkish buyers to import Saudi products and services, this agreement creates new opportunities for local exporters to build their presence in Türkiye, while advancing commercial cooperation between the two countries.
