August 6, 2019 |
Colombian export credit agency Bancóldex said it has signed an agreement with its Chinese counterpart Sinosure to promote investments in the South American nation.
Under the agreement, Sinosure can provide credit insurance and financing guarantees for Chinese exports and investments in Colombia. It can also provide consulting services for Colombian companies looking to do business with Chinese firms, Bancóldex said in a statement.
Bancóldex can provide financing, guarantees, letters of credit an
Colombian export credit agency looks to increase Chinese investments in local economy