Senegal and EXIM-Bank Sign MoU to Boost Trade
Between The Two Countries
On Friday October 18 2019, Export-Import Bank Chairman Kimberly Reed and Senegal’s Minister of Economy, Planning and Cooperation Amadou Hott met in Washington DC to discuss ways to enhance economic cooperation and boost trade between the two countries.
The two leaders signed a memorandum of understanding (MOU) committing up to $500 million in EXIM financing to support private sector-led procurement of U.S.-produced goods and services to assist with priority projects under the Plan Senegal Emergent.
“This agreement builds a solid foundation for future capacity building, two-way trade and investment between the United States and Senegal, and we look forward to growing our strong partnership.” said Minister Hott
“Senegal is an important partner of the United States, and we look forward to working together to strengthen the relationship between our two countries.” said EXIM President Reed.