China Eximbank Signed an MOU with the Black Sea Trade and Development Bank


  On 4 November 2020, the opening day of the 3rd CIIE, China Eximbank and the Black Sea Trade and Development Bank (BSTDB) reached an agreement on strengthening future cooperation. Vice President Sun Ping signed, on behalf of the Bank, an MOU with the BSTDB.

  According to the MOU, the two parties will cooperate on co-financing, guarantee, settlement and short-term trade finance, in the BSTBD member countries, and jointly promote China's imports from the BSTBD member countries while strengthening personnel and information exchanges. The signing of the MOU is a specific measure taken by the Bank to support China's imports and promote balanced development of foreign trade.

  BSTDB was established by 11 member countries of the Black Sea Economic Cooperation in 1999 and is headquartered in Thessaloniki, Greece.