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SCG, South Korean credit agency ink MOU

Sep 25. 2019
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By The Nation

SCG has signed a memorandum of understanding (MoU) with the Korea Trade Insurance Corporation or K-Sure, the official export credit agency of South Korea under the Ministry of Trade, Industry and Energy, to bolster business opportunities, especially in the chemicals sector.

 

 

 

K-Sure can offer a credit of up to US$1 billion should SCG need to obtain a loan from commercial banks to buy equipment from Korean manufacturers. K-Sure is willing to provide opportunities for SCG to join trade negotiations at its annual Vendor Fair, SCG’s chief executive Roongrote Rangsiyopash told reporters.

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