Exim Bank of India and the Andhra Pradesh government have signed a Memorandum of Understanding (MoU) singed by Exim Bank chairman and managing director Yaduvendra Mathur and Andhra Pradesh’s industries secretary Shamsher Singh Rawat for promoting exports in the state.
Benefits of MoU:
- Exim Bank would support the exporters having operations in Andhra Pradesh in achieving higher exports by facilitation of market linkages through its market advisory services, which include identification of suitable partners.
- It would help develop skills through capacity building workshops, help the exporters’ participation in select trade fairs and exhibitions among other things.
Exim Bank would also use its strong institutional linkages with institutions in advanced markets like the US, Singapore, Japan, Australia, EU etc and facilitate technology transfer to the technology-seeking enterprises in Andhra Pradesh
About Exim Bank : Export-Import Bank of India is the premier export finance institution in India, established in 1982 under the Export-Import Bank of India Act 1981.
- HQ: Mumbai
- Chairman & MD : Yaduvendra Mathur
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