Sweden and US have concluded a reinsurance agreement
The Export-Import Bank of the United States (EXIM) and the Swedish export credit agency EKN have concluded a reinsurance agreement.
The reinsurance framework enables EXIM and EKN to collaborate in providing more comprehensive support to American and Swedish companies.
"EXIM is very pleased to enter into a new reciprocal co-financing agreement with EKN. The telecommunications and renewable energy sectors are priority areas for both of our respective governments." says EXIM President and Chair Reta Jo Lewis.
"This agreement deepens the excellent government-to-government cooperation between the United States and Sweden and we look forward to working with EKN to expand export opportunities in both of our countries."
"This agreement will strengthen the partnership and collaboration between the Swedish and US Governments and between our respective business sectors. Swedish export companies must have the best possible prospects to operate in challenging markets, and those prospects will now be even better. This is important for Sweden as an export-dependent country and good for the global market, which will have access to world-leading Swedish products." says minister for international development cooperation and foreign trade Johan Forssell.
The signing ceremony took place today, June 16th in Lisbon, Portugal between Anna-Karin Jatko, Director General, EKN and Reta Jo Lewis, President and Chair, Exim.
"EKN look forward to closer cooperation with EXIM. Renewable energy and 5G investments are two areas where I see great benefits from working together." says Anna-Karin Jatko, Director General, EKN.