December 2, 2024 | 1 month ago

Cagex strengthens international partnerships with financial cooperation agreements

Cagex, the trade group, has recently signed several memorandums of understanding with major international financial institutions, aiming to boost economic and trade exchanges worldwide.

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Agreements have been signed between Cagex and various international financial institutions, such as the Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC), the Saudi Exim Bank, the Malaysia Exim Bank, the Nigerian Exim Bank, and Crédit Oman. These partnerships strengthen economic relations, support export projects, and facilitate commercial data exchange, particularly in Arab, Islamic, and African relations. These agreements are expected to stimulate investment and open new export opportunities through innovative financial mechanisms.

December 2, 2024 | algeria-logo