EXIM BANK, INDIA FACILITATING SOUTH-SOUTH COOPERATION AMONGST G-NEXID MEMBERS
The participants of the Exchange Programme along with Mr. Yaduvendra Mathur, Chairman and Managing Director, EXIM Bank, India and Mr. Yuri Afanasiev, UN Resident Coordinator and UNDP Resident Representative in India.
Mumbai, 30 September 2016 – Exim Bank organized an exchange programme the members of the Global Network of Export-Import Banks and Development Financial Institutions (G-NEXID) in Mumbai, from 26 to 30 September 2016. It was the first initiative of this kind for the Network.
The Exchange Programme was inaugurated by Mr. Yuri Afanasiev, UN Resident Coordinator and UNDP Resident Representative in India, in the presence of Mr. Yaduvendra Mathur, Chairman and Managing Director, Exim Bank, India. Both agreed and stressed upon the critical role of the developmental financial institutions in the changing global scenario.
The objective of this initiative was to strengthen the South-South cooperation in alignment with the G-NEXID’s mandate, and facilitate cross learning. The Workshop included interactions with India’s premiere financial institutions across areas like export finance, SMEs, infrastructure, credit insurance, trade finance, apart from engaging with Reserve Bank of India, and an established Indian MNC. A site visit was also arranged for the participants to one of India’s largest film production infrastructures.
A dozen participants from the Development Bank of Brazil [BNDES], Development Bank of Zambia, ECOWAS Bank for Investment and Development (Togo), Indonesia Eximbank, Nigerian Export-Import Bank, Saudi Export Program and Export Import Bank of India attended the five-day exchange programme.