Silk United's Sign strategic Memorandum with China's ICBC Bank
Signs $2 Billion Strategic Memorandum of Understanding with China's ICBC Bank
Silk United announced the signing of a $2 billion strategic memorandum of understanding with China's ICBC Bank during its participation in the Shanghai International Expo.
The memorandum aims to support Chinese importers of Saudi products and enhance trade between the two countries through innovative and secure financing solutions.
This step comes as part of Silk's efforts to expand its services globally and strengthen trade with China, supporting the goals of Saudi Vision 2030 to increase non-oil exports and enhance the presence of Saudi companies in the markets.
