Thursday, 2 April 2009

South Korea's Kexim, IDB Sign Accord to Fund $2 Billion in Projects

The Export-Import Bank of South Korea and the InterAmerican Development Bank will sign an accord to co-finance public and private sector projects worth as much as $2 billion in the next three years in Latin America and the Caribbean. Kexim, as the Korean official export credit agency is known, and the IDB ''will work together to share information and identify and finance projects in infrastructure, information technology, trade finance and other areas,´´ according to a statement.

The Kexim sold bonds in international markets recently. Check our archive for the posting.

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