Korea Eximbank CEO discusses global supply chain cooperation with Korea International Finance Corporation president

The Export-Import Bank of Korea announced on the 18th that President Hwang Ki-yeon met with International Finance Corporation (IFC) President Maktar Diop on the occasion of the International Monetary Fund (IMF) and World Bank (WBG) annual general meeting held in Bangkok, Thailand, and discussed financial cooperation plans between the two institutions.

The two organizations highly evaluated the achievements of cooperation in large-scale projects such as infrastructure and energy in developing countries, and decided to further expand the scope of cooperation in the future.

In particular, in response to global supply chain reorganization and changes in industrial structure, they agreed to strengthen financial cooperation in strategic areas such as key mineral supply chains, eco-friendly new industries, and innovative and high-tech industries such as artificial intelligence (AI).

Chairman Hwang previously met with Tim Reed, head of the UK Export Finance Agency (UKEF), on the 15th to discuss ways to expand financial cooperation in areas of common interest such as decarbonization transition, key mineral supply chain, and defense industry.