MOEA Backs Financing Guarantee Plan with Lithuania


With the support of the Ministry of Economic Affairs (MOEA), a financing guarantee plan was signed between the Export-Import Bank of the ROC and Lithuania's UAB Investiciju ir verslo garantijos (hereafter referred to as INVEGA) on August 23. This is the first time that the Export-Import Bank has signed a financing guarantee plan with a foreign financial organization, which demonstrates the flexibility and diversification of the MOEA's strategy to support trade financing. This will help deepen the bilateral economic and trade ties between Lithuania and Taiwan, and enable Taiwanese businesses to take a big step in expanding their sales in the Lithuanian market.