Pakistan to establish Export-Import Bank to promote international trade


The National Assembly on Thursday passed “The Export-Import Bank of Pakistan Bill, 2022” with a majority vote aimed at establishing a facility for the promotion of international trade.

Under this proposed law, the Export-Import Bank of Pakistan will be established. The bank will obtain reinsurances from any foreign agencies or any insurance companies in or outside Pakistan. The bank will also provide its own or with other financial institutions or insurance providers in or outside Pakistan, trade financing, trade credit insurance, and equity participation.


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Posted on Jun 10, 2022
Region: Pakistan
trade credit insurance