Jeddah-Based IsDB, US EXIM Bank Discuss Trade Financing Avenues to Fund Projects

Member countries of the Islamic Development Bank could have faster execution of their development projects thanks to its ongoing discussion with the US’s official credit agency, according to the Saudi Press Agency. On the sidelines of the 78th session of the UN General Assembly which concludes on Friday in New York, IsDB Group President Mohammed Sulaiman Al-Jasser deliberated with US Export-Import Bank President Reta Jo Lewis on the prospects of further strengthening relations between the two parties.

This move aligns with the strategic objectives and the IsDB Group’s commitment to supporting member countries in their pursuit of prosperity and resilience.