The 12th Annual
General Assembly, the Steering Committee Meeting of the Global Network of
Export-Import Banks and development-finance institutions (G-NEXID)
took place on Monday, July 10, 2017 in Geneva, Switzerland, preceding the WTO
Aid for Trade Program, says a release.
was formed, under the auspices of the United Nations Conference on Trade and
Development (UNCTAD) in 2006 with its Secretariat in Geneva, Switzerland.
The five founder members of this Network are Export-Import Bank of India,
Export-Import Bank of Malaysia, African Export-Import Bank, Andean Development
Corporation and Export-Import Bank of Slovakia. Driven by the objective to
boost bilateral trade and investment among export-import banks and
development-finance institutions of the South, G-NEXID was set up.
unanimously endorsed the candidature of Mr. Abubakar Abba Bello, Managing
Director, Nigerian Export-Import Bank (NEXIM) as the Honorary President of the
Network. The Honorary President indicated that under his Presidency he will
fully support the implementation of agreed objectives of the Network,
particularly the 5-Year Strategy which envisages to create a more robust
South-South cooperation. After the meeting, a workshop was held which
included presentations on the new initiatives and activities of the members.
The event offered the opportunity to present to the global trade and investment
community the contributions of members and partners towards promotion of
South-South trade, investment and cooperation. Representatives from
International Trade Centre, UNCTAD, Berne Union and FCI also spoke on the
institutions present during the Annual General Assembly in Geneva
included Afriexim Bank, Egypt; Development Bank of the Central African
States, Congo; BNDES, Brazil; Development Bank of Latin America, Venezuela;
Development Bank of Zambia; ECOWAS Bank for Investment and
Development (EBID), Togo; Indonesia Exim Bank; Nigeria Exim Bank; apart from
Export-Import Bank of India.