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Rise+of+EXIM+Bank+begins
Thursday, 17 March 2016 - 10:04
Rise of EXIM Bank begins
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Reports reveal that the Commonwealth Secretariat is presently engaged in enhancing export finance opportunities and developing the initial concept work for setting up an EXIM Bank for Sri Lanka, in a bid to rev up exports.

Commonwealth Secretariat Head of Trade Competitiveness Dr. Rashmi Banga said that Sri Lankan exporters need better export financing.

Hence, the proposed EXIM Bank would be a great solution to enhance exports in the country as Sri Lanka Export Credit Insurance will guarantee the order and EXIM Bank can finance it based on the guarantee. 

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