1.

The Union Cabinet approved the MoU between Export-Import Bank of India and this country for export credit of USD 9 billion.

Answer» The Union Cabinet chaired by the Prime Minister Shri Narendra Modi approved the proposed Memorandum of Understanding (MoU) between Export-Import Bank of India (EXIM Bank) and Export-Import Bank of Korea (KEXIM) for export credit of USD 9 billion. This is expected to promote the country's international exports and deepen political and financial ties between India and South Korea.


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