Mexico and South Korea: The introduction of a USD 200.000.000 credit line for supporting Mexican companies that provide goods and services to South Korean companies as well as Mexican companies that function through South Korean capital
Announcement
04 Apr 2016
In April 2016, the governments of Mexico and South Korea announced a change in its trade finance instruments.
On 4 April 2016, the Mexican National Bank of Foreign Trade (Bancomext) announced in a press release that it has signed a credit line agreement with the Import and Export Bank of South Korea (KExim). ...