Saudi EXIM and EXIM Thailand Bank Partnership Formalized

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Saudi EXIM and EXIM Thailand Bank Partnership Formalized

The Saudi Export-Import Bank and the Export-Import Bank of Thailand have formalized their partnership through a memorandum of understanding during the Asian EXIM Banks Forum. The agreement, signed at the forum in Sydney, aims to enhance bilateral trade and economic cooperation between Saudi Arabia and Thailand. Dr. Naif bin Abdul Rahman Al-Shammari, Deputy CEO of Saudi EXIM, and Mr. Benjarong Suwankiri, Senior Executive Vice President of EXIM Thailand, emphasized the importance of the collaboration in boosting trade relations and facilitating investment activities between the two nations. This partnership is aligned with Saudi EXIM's strategic vision to forge partnerships with key regional and global financial entities and expand Saudi non-oil exports into the Asian markets.