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Saudi Arabia, Pakistan sign deal to enhance cooperation in SME sector

Saudi Arabia, Pakistan sign deal to enhance cooperation in SME sector
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Saudi EXIM Bank Signs Agreement with ITFC

Saudi EXIM Bank signed on Tuesday an agreement with the International Islamic Trade Finance Corporation (ITFC) to implement a $25 million financing line for Habib Bank Limited (HBL) in Pakistan to develop export opportunities for the Kingdom's Small and Medium Enterprises (SME) sector to export non-oil products to the Pakistani market. The agreement comes within the framework of the “Enabling Export Activities of SMEs” program, which aims to increase export opportunities for Saudi SMEs and attract new importers of Saudi goods in Pakistan.

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