Mauritanian Investment Bank (BMI) and Saudi EXIM Bank have launched a $10-million credit line to enhance non-oil Saudi exports to Mauritania and bolster trade relations.
Signed on August 8, the agreement is designed to motivate Mauritanian importers to purchase Saudi products and services and open new opportunities for trade and investment.
“The agreement will be pivotal in expanding opportunities and offering financing to Mauritanian clients working with Saudi exporters, positively impacting mutual trade,” said Cheikhna Béchir, Head of International Affairs and External Relations at BMI.
