Copying and distributing are prohibited without permission of the publisher
IADB and China Exim sign co-lending deal
19 September 2011
The Inter-American Development Bank and China Exim have signed a co-lending deal to promote trade between China and Latin America.
Read more:
Inter-American Development Bank
export credit agency
eca
China Exim
Latin America
renminbi
trade finance facilitation programme
The Inter-American Development Bank (IADB) and the Export-Import Bank of China (China Exim) have signed an agreement that will provide up to $200 million in trade financing for trade between China and Latin America and the Caribbean (LAC).
The two-year agreement, which can be extended, allows trade to be financed in hard and local currencies, including the Chinese renminbi. In practice, the partnership will function underneath the already established IADB’s Trade Finance Facilitation Programme (TFFP). A spokesperson for the IADB tells Trade Finance Magazine, that the co-loans...
You must be logged in to view this page. If you are already a registered user please log in. Alternatively, you can request a free trial or subscribe.
Already have an account?
Subscribe
Subscribers have unlimited access to all current and archive content. Start your
subscription today - click on the button below.
Free trial
Taking a free trial will give you access to the latest news and analysis for two days
(excluding some surveys and articles). Start your free trial today.
