Export Import Bank of Korea Grants Uncommitted Credit Facility to CAF—Development Bank

Projects in Latin America involving the export of goods and services from a Korean supplier to a buyer in the region, local companies that require capital to facilitate and promote Korean exports and/or boost business with a Korean company, are eligible for this line of credit. The region will also benefit from Korean know-how, expertise and best practices. Latin America has become an indispensable partner to Korea with the respect to the facilitation of economic cooperation.

Latin America to take this opportunity to avail the Credit Line with CAF, a leading development bank in the region. Hoping that the conclusion of the Credit Line will promote further cooperation between our countries. This facility reinforces the relations between Korea and the region to further strengthen trade growth with Asia as part of the diversification and value-added strategy; at the same time, we attract more investment to drive sustainable development.

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