Our Services
- Export Credits
- Finance for Export Oriented Units
- Overseas Investment Finance
- Lines of Credit
- SME & Agri Finance
- Film Finance
- Rural Initiatives
- Export Services
Annual Report 2007-08
|
|
|
:: PRESS RELEASES |
Exim Bank Seminar Motivates Indian Companies to Look at Opportunities in Central and East Europe, and Central Asian Regions.
Mr. Prabhakar Dalal, Executive Director, Exim Bank of India, welcoming the delegation led by Mr. Varel Freeman, First Vice President, EBRD, at the seminar on 'Investment Opportunities in Central and East Europe, and Central Asia' organized by Export-Import Bank of India, on December 4, 2009, at Mumbai.
Export-Import Bank of India (Exim Bank), in collaboration with European Bank for Reconstruction and Development (EBRD), organized a seminar on 'Investment Opportunities in Central and East Europe, and Central Asia', in Mumbai on December 04, 2009.
Mr. Prabhakar Dalal, Executive Director, Exim Bank, while welcoming the EBRD delegation and participants of the seminar, highlighted the potential of Indian companies in undertaking projects and investments in diverse sectors viz., energy, transport, communication, ICT, among others. Mr. Dalal also underscored the support provided by Exim Bank of India to this region through the lines of credit mechanism. Organising such seminars is a joint endeavour of both the institutions in enhancing the awareness about multilateral funded projects, which would contribute to increased Indian participation in EBRD funded projects, and enhance the involvement of Indian companies in EBRD's investment programmes in this region, Mr. Dalal said.
Mr. Varel Freeman, First Vice President, EBRD, who led the EBRD delegation to India, presented an overview of economic and political developments in Central and Eastern Europe, and the Central Asia region, particularly with regard to the developments following the global economic crisis. Mr. Freeman mentioned that the region was affected by the economic crisis, as the trade structure of several countries in this region is driven by commodities. Though the region has asymmetrical export infrastructure, which has been impeding the economic growth, the region offers significant potential, especially in the private sector development, which would perhaps be an attraction for the Indian industry that have proved its resiliency during the crisis, Mr. Freeman said.
Mr. Thomas Maier, Business Group Director for Infrastructure in EBRD, presented the investment and procurement policies and procedures of EBRD, which would enable the Indian companies to enhance their business interests especially in private sector investment, and securing projects funded by EBRD in its countries of operations.
The EBRD, set up in 1991 as a multilateral funding agency with area of operation being in 29 countries in Central and Eastern Europe and Central Asia region, promotes entrepreneurship and fosters transition towards open and democratic market economies. EBRD is the largest single investor in the region and provides project financing for the financial sector and the real economy, both new ventures and investments in existing companies.
Exim Bank of India, through its links with multilateral agencies, financial institutions, trade promotion agencies and service providers, offers a wide range of services to supplement its financing programmes. Such seminars are in line with Exim Bank's objective of proactively supporting the globalization efforts of Indian companies.
For further information, please contact
Mr. S Prahalathan,
General Manager,
Export-Import Bank of India,
Centre One Building, Floor 21,
World Trade Centre Complex, Cuffe Parade,
Mumbai 400 005.
Telephone: (022) 2216 0364 / 2217 2301,
Fax:(022) 2218 0743.
E-mail:prahalathan@eximbankindia.in
|
|
