The export credit agencies (ECAs) of Sweden and Mexico have signed a memorandum of understanding (MOU).

The agreement will see EKN and Bancomext work together to strengthen bilateral trade and also enter into a reinsurance agreement.

It’s the 25th such agreement EKN has inked, and its director general Karin Apelman says: “This agreement strengthens our common mission to facilitate the internationalisation of Mexican and Swedish industries, respectively.”

Her Mexican counterpart Enrique de la Madrid Cordero comments: “This co-operation enhances our possibilities to support projects and transactions involving exports from both Sweden and Mexico to third countries.”