US ExIm signs $7bn trade, energy MoU with Romania; Ecuador to ink $1.4bn China oil-backed loan in November; Poland's JSW to focus solely on coking coal

In today's daily round-up of export, trade and commodity finance news, TXF's Max Thompson covers the latest stories and trends across the market:

• Ecuador hopes to sign a new $1.4 billion oil-backed sovereign credit agreement with China next month that would restructure existing loans and encourage competition among Chinese oil trading companies

• Poland’s JSW, the European Union’s biggest coking coal producer, wants to focus solely on the fuel used in steelmaking and exit the more polluting thermal coa

• The Export-Import Bank of the United States has signed a $7 billion memorandum of understanding with Romania’s, Ministry of Economy, Energy, and Business Climate, aimed at enhancing trade and economic opportunities between the two countries

   

   

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