Mr. Benjarong Suwankiri, Senior Executive Vice President, Export-Import Bank of Thailand (EXIM Thailand), attended the 28th Annual Meeting of the Asian EXIM Banks Forum (AEBF) in Sydney, Australia, on November 21-22, 2023.
The meeting focused on exchanging perspectives and knowledge to develop business and services for export promotion. Discussions revolved around strategies to enhance collaboration, fostering structural changes in business, the economy, society, and the environment in alignment with global trends and the 2040 outlook. The meeting theme, “Export Credit 2040: Future Priorities for An Evolving Landscape,” addressed sustainable development in the Asia-Pacific region and the world as a whole.
During the event, EXIM Thailand engaged in bilateral meetings with other AEBF members, leading to the signing of cooperation with Export-Import Bank of China (China EXIM). This agreement aims to provide financial support for Thai-Chinese trade and investment projects under the Belt and Road Initiative, energy and infrastructure projects, green economy projects, those of such industries as mechanical and electronics, medical equipment, food processing and automotive industries, which are investments in Thailand, China and Thai-Chinese joint investments in third-party countries, along with exchange of information and provision of training programs.
A memorandum of understanding was also signed between EXIM Thailand and Saudi Export-Import Bank (Saudi EXIM Bank) to render financial facilities to buyers of goods and services from Thailand and Saudi Arabia, financial guarantees, exchange of information, and support for international transactions to promote Thai-Saudi Arabian trade and investment, as well as cooperation for mutual personnel development.
The AEBF was participated by 11 member agencies comprising Export-Import Banks of China, India, South Korea, Indonesia, Malaysia, Philippines, Türkiye and Thailand, Japan Bank for International Cooperation (JBIC), Export Finance Australia (EFA), and Vietnam Development Bank (VDB), with Asian Development Bank (ADB) as the Permanent Observer, along with another three organizations as the Guest Observers, i.e., Export Development Canada (EDC), UK Export Finance (UKEF) and Saudi EXIM Bank.