what is exim bank

[41], In 1945 and 1946 credit was offered to France, Denmark, Norway, Belgium, the Netherlands, Turkey, Czechoslovakia, Finland, Italy, Ethiopia, Greece, Poland and Austria to purchase equipment, facilities, and services from the United States. [1] EXIM intervenes when private sector lenders are unable or unwilling to provide financing, equipping American businesses with the financing tools necessary to compete for global sales. Friends of the Earth (US) also criticized EXIM for approving $5 billion in financing the Mozambique LNG project, citing the project’s damage to the surrounding ecosystem (including to endangered species), displacement of local communities, and lack of economic benefits for local people. Since 1991, EXIM has supported exports to 25 of the nations that emerged after the fall of the Iron Curtain. The ExIm Bank also provides guarantees and insurance for exports.Unlike some other export credit agencies, it is not allowed to compete with private banks; it simply extends credit for transactions that would not otherwise receive it. I are up to the mark with their commitments. An additional $20 million to the Universal Trading Corporation was approved in 1940. The Charter details the Bank's authorities and limitations. The Bank assists nearly 290,000 export related jobs and each year is helping more and more small and medium-sized manufacturers grow their businesses and hire new workers. Its current chairman and president, Kimberly A. Reed, was nominated by President Donald J. Trump on January 16, 2019,[3] and sworn in on May 9, 2019.[4]. Ghana Export-Import (GEXIM) Bank is the principal export Finance institution of the Government of Ghana. Export-Import Bank of Malaysia or EXIM Bank Malaysia is set to accelerate businesses going global. The institution was established to enhance export, foreign trade, and enhance economic growth by export credit. Congress made the bank an independent agency on July 31, 1945, with the Export–Import Bank Act of 1945. [69][70][71] However, EXIM fossil fuel financing and associated greenhouse gas emissions grew swiftly after the settlement agreement, coinciding with Chairman Hochberg's tenure. The Export–Import Bank of China (Chexim - China Exim Bank) (simplified Chinese: 中国进出口银行; traditional Chinese: 中國進出口銀行; pinyin: Zhōngguó Jìnchūkǒu Yínháng) is one of three institutional banks in China chartered to implement the state policies in industry, foreign trade, economy, and foreign aid to other developing countries, and provide policy financial support so as to promote the export of Chinese products and services. The United States government's export credit agency, which extends credit to American exporters. There may be more than one meaning of EXIM Bank, so check it out all meanings of EXIM Bank one by one. Welcome To EXIM Bank of Pakistan. At the budget speech of FY 2015, Finance Minister announced to establish EXIM Bank. The EXIM provided $10 million of loan guarantees in 2011 to Solyndra, a company that ultimately became bankrupt. Second, when U.S exporters face foreign competition backed by other governments, EXIM provi… The risks of custom rejection, counterparty default (due to delay, quality issues, denial or delay of payment etc.) Copyright © 2020 MyAccountingCourse.com | All Rights Reserved | Copyright |. [46], After a visit to India in January 2015, President Obama announced that the EXIM will finance $1 billion of exports of 'Made-in-America' products, the U.S. Overseas Private Investment Corporation will lend $1 billion to small- and medium-sized rural enterprises and the U.S. Trade and Development Agency will commit $2 billion for renewable energy. Export import bank of bangladesh limited, Shariah based islami bank in bangladesh Contact: Contact the Export-Import Bank of the United States. Our financial products are designed to cater to the different needs of Indian exporters. This entity is a non-banking financial institution that facilitates international business transactions through issuance and relay of various trade finance instruments. [5][6] Congressional authorization for the bank lapsed as of July 1, 2015. Toll Free: 1-800-565-3946. They provide customized financial instruments to safeguard the interests of exporters against default/nonpayment from the importers. [68] In its settlement agreement, the EXIM agrees to evaluate the carbon dioxide emissions as part of its determination for qualification for a project. Operating as a wholly owned federal government corporation, the Bank "assists in financing and facilitating U.S. exports of goods and services". Also important to note, Boeing is not the only US aircraft manufacturer previously supported by EXIM. The last date to apply is 31 December. In March 2016, a California federal judge ruled against the environmentalists arguing that the EXIM financing represented only 10% of the project which is backed by ConocoPhillips, Origin Energy Ltd. and Sinopec and rejecting the loan would not stop the project. Arditti, Fred D. "Risk and the Required Return on Equity". 9", "Kimberly A. Reed of West Virginia Sworn in as EXIM President and Chairman", "Bill Summary & Status, 112th Congress (2011–2012), H.R.2072", "Its Charter Expired, Export–Import Bank Will Keep the Doors Open", "EXIM Is Reopened, but Big Loans Are Stalled", "Export–Import Bank Reauthorization of 2012", "The Charter of the Export–Import Bank of the United States", "Assessing Reform at the Export–Import Bank", "Charter of the Export–Import Bank of the United States Sec.2(b)(1)(E)(v)", s:Author:Franklin Delano Roosevelt/Executive orders, "Public Law 79-173, 79th Congress, H. R. 3771: An Act to provide for increasing the lending authority of the Export–Import Bank of Washington, and for other purposes [Export–Import Bank Act of 1945]", "Records of the Export–Import Bank of the United States (EIBUS)", "Title 31 – Money and Finance, United States Code, 2009 Edition", United States Government Publishing Office, "Obama signs reauthorization of Export–Import Bank despite earlier opposition", "Obama signs $1 trillion stopgap spending bill with Syria measure", "A Reversal by Trump Revives Agency That Aids Exporters", "Export–Import Bank Annual Reports, 2008–2011: Albania, Armenia, Azerbaijan, Bosnia and Herzegovina, Croatia, Czech Republic, Estonia, Germany (Unified), Hungary, Kazakhstan, Kyrgyzstan, Latvia, Lithuania, Moldova, Montenegro, Poland, Romania, Russia, Serbia, Slovak Republic, Slovenia, Tajikistan, Ukraine, and Uzbekistan", "Obama ends day of Indian pageantry with $4 billion pledge", "Manufacturers: Export–Import Bank Supports Jobs", "Candidate Obama, echoing tea party, called EXIM 'little more than a fund for corporate welfare, "EXIM: A Big Double-Dipping Opportunity for Green-Energy Firms", Pew Analysis Shows More Than 60 Percent of Export–Import Bank Loan Guarantees Benefited Single Company, Boeing and Obama sitting in a tree, K-I-S-S-I-N-G, "Boeing says it's flying high despite recession – USATODAY.com", "1959 Twenty-Fifth Anniversary Review, 1934–1959 :: EXIM Annual Reports Collection", "Close the Export–Import Bank: Cut Federal Liabilities, Kill Corporate Welfare, Promote Free Trade", "Common Risk Factors in the Returns on Stocks and Bonds", "Close the Export–Import Bank to Cut Federal Liabilities and Promote Economic Fairness", "Critics of the Export–Import Bank Have a New Weapon at Their Disposal: Fair-Value Accounting", "The carbon accountant. The Export-Import Bank (Exim bank) was set up on January 1, 1982 to take over the operations of international finance wing of the IDBI and to provide financial assistance to exporters and importers and to function as a head financial institution for coordinating the working of other institutions engaged in financing of exports and imports of goods and services. [7] Five months later, after the successful employment of the rarely used discharge petition procedure in the House of Representatives, the U.S. Congress reauthorized the bank until September 2019 via the Fixing America's Surface Transportation Act signed into law on December 4, 2015, by President Barack Obama. The Exim banks provides a framework for overseas trade wherein, at each step of trade, responsibility transfers are clearly defined to avoid any ambiguity that may result in default. It commenced operations in 1982 under the Export – Import Bank of India Act 1981. EXIM Bank Recruitment 2020: Export-Import Bank of India or EXIM has released a notification regarding recruitment to … Whereas the EXIM Bank Deputy Manager, Manager, Other Posts Exam Date 2020 is also shared here. Definition: Export Import Bank (Exim Banks) are government or semi government agencies that ensure the safety and growth of a country’s foreign trade. Name of the Post No of Vacancies Management … [89] Their amended lawsuit included EXIM's loan for the Australia Pacific LNG project and a $1.8 billion loan for the Queensland Curtis which together totaled $4.8 billion. This page is all about the meaning, abbreviation and acronym of EXIM Bank explaining the definition or meaning and giving useful information of similar terms. Bush waived the Jackson-Vanik Amendment, which had officially blocked normal trade relations with communist countries since 1975. Agency Details Website: Export-Import Bank of the United States. The plaintiffs said that the EXIM and the Overseas Private Investment Corporation provided financial assistance to oil and other fossil fuel projects without first evaluating the projects' climate change impacts. The latest online application registration date is 31 December 2020. It was previously a branch of the IDBI, but as the foreign trade sector grew, it was made into an independent body. The Export and Import Bank of India, popularly known as the EXIM Bank was set up in 1982. EXIM Bank or Export-Import Bank of India is India’s leading export financing institute that engages in integrating foreign trade and investment with the country’s economic growth. Willing and eligible candidates can fill the application form on the Bank's website - eximbankindia.in from 19 December. The highway was constructed beginning in 1936 with the last phase complete in 1980. As of May 2014, Richardson was also listed as a member of the advisory committee of the Export Import Bank. Euro Exim Bank Limited is a Group of Companies with Registered Office in Saint Lucia and a Representative Office in the United Kingdom. The bank has offices in Chicago, Detroit, Minneapolis, New York, Miami, Atlanta, Houston, McKinney (Dallas), Orange County (California), San Diego, San Francisco and Seattle. [44], EXIM resumed business with Czechoslovakia in March 1990. Do you know 5760+ people in Bhopal are watching this recruitment India Exim Bank Recruitment 2020-21: EXIM Bank invites fresh management graduates to apply online to hire 60 Management trainees (TM). [1][2] Operating as a wholly owned federal government corporation,[1] the Bank "assists in financing and facilitating U.S. exports of goods and services". The 1945 EXIM Annual Report predicated EXIM's role in the immediate post-WWII period: "the Export–Import Bank was to be the principal source of long-term dollar loans for an extended period of time." It is the principal financial institution in India for foreign and international trade. [77][78], In 2010, environmental groups criticized the EXIM Directors for approving $917 million worth of financing for the 3,960 megawatt coal-fired Sasan Ultra Mega Power Project in India after initially rejecting the project on climate change grounds. In Aussie LNG Loan Suit", "$5 billion in EXIM financing for Mozambique LNG plant fuels U.S. contribution to climate emergency", "Solyndra using EXIM loan guarantees system to support commercial rooftop projects", Assessing Reform at the Export–Import Bank: Hearing before the Subcommittee on Monetary Policy and Trade of the Committee on Financial Services, U.S. House of Representatives, One Hundred Thirteenth Congress, First Session, June 13, 2013, The Use of Environmental and Social Criteria in Export Credit Agencies' Practices, Deutsche Gesellschaft fuer Technische Zusammenarbeit – GTZ, https://en.wikipedia.org/w/index.php?title=Export–Import_Bank_of_the_United_States&oldid=992006905, Government-owned companies of the United States, Articles with unsourced statements from February 2020, Wikipedia articles with BIBSYS identifiers, Wikipedia articles with WORLDCATID identifiers, Creative Commons Attribution-ShareAlike License, This page was last edited on 3 December 2020, at 00:09. Export-Import Bank of the United States The Export-Import Bank assists American businesses export their goods by providing financial assistance in the form of loans, loan guarantees and insurance. EXIM was one of the first financial institutions to provide financing for exports to the former Soviet Union, Poland, Czechoslovakia and the newly independent nations that emerged after 1991. The Export–Import Bank of the United States is the official export credit agency (ECA) of the United States federal government. "[66], In February 2009, the EXIM settled a seven-year-long legal proceeding brought by Friends of the Earth, Greenpeace together with the cities of Boulder, Arcata and Oakland. 165, No. With Japan able to control port access in China and most of Southeast Asia, the Chinese built a road that would allow transportation of men and goods from a railhead at Rangoon that had access to Burma's ports. What is an Export Import Bank (Ex-Im Bank). The focus of the Export-Import Bank is on assisting small businesses. [51], More recently the bank authorized $33.6 million in loans to Abengoa, a Spanish Green energy company on which former Governor Bill Richardson is a member of the board of directors. GEXIM was established by The Ghana Export-Import Bank Act 2016 (Act 911). citizens. [18] The Bank's first transaction was a $3.8 million loan to Cuba in 1935 for the purchase of U.S. silver ingots. And we're doing it at no extra cost to the taxpayer." The Bank uses its ability to borrow at government rates to provide loans, loan guarantees, working capital guarantees, and loan insurance. [67] In 2005, the plaintiffs were granted legal standing to sue. There may be more than one meaning of EXIM Bank, so check it out all meanings of EXIM Bank one by one. EURO EXIM BANK LTD (REGISTERED OFFICE) is a Class A International Banking Financial institution incorporated under the revised laws of St. Lucia. "[48], When Obama was campaigning for President in 2008, he stated that the Export–Import Bank had "become little more than a fund for corporate welfare. Similar banks, known generally as export credit agencies (ECAs), are operated by 60 foreign countries. Exim Banks are particularly focused on the foreign trade and do not involve in within country transactions. Export-Import Bank of India is the premier export finance institution of the country that seeks to build value by integrating foreign trade and investment with the economic rise of India. Define Import Export Bank: An Exim Bank of the country works closely in coordination with the stakeholders of overseas trade around the world and ensure smooth trade for the exporters. [33], EXIM Bank credits and loans supported construction of the Pan-American Highway in Mexico, Honduras, Guatemala, Nicaragua, El Salvador, Costa Rica, Panama, Colombia, Ecuador, Peru and Chile. Founded in 1982 by the Government of India, EXIM Bank is a wholly-owned subsidiary of the Indian Government. Email: info@exim.gov Phone Number: 1-202-565-3946. [76] The project has reportedly caused violence and in April 2012, the Papua New Guinea government ordered in troops to quell opposition from villagers after a landslide linked to a quarry that had been used by the project killed an estimated 25 people. Authorizations – the dollar amount that EXIM has agreed to insure or finance (through an insurance policy, loan guarantee, or direct loan).. [37] Construction of the road began in 1937 at the start of the second Sino-Japanese War (1937–1945). [35] EXIM approved twenty credits to U.S. companies including Caterpillar, Koehring Co., Allis-Chalmers Manufacturing, The Galion Iron Works, and Thew Shovel to help build the highway.[36]. As a result, the bank could not engage in new business, but it continued to manage its existing loan portfolio. Ghana Export-Import (GEXIM) Bank is the principal export Finance institution of the Government of Ghana. This is considered a landmark decision because it is the first time that a federal court has specifically granted legal standing for a lawsuit exclusively challenging the federal government's failure to evaluate the impacts of its actions on the Earth's climate and U.S. Name of the Post No of Vacancies Management … Both conservative and liberal groups have been critical of the bank, and some continue to demand its termination. However, EXIM supporters note that Boeing is the largest exporter in the United States by dollar value,[55] and must be protected in their capacity as the only remaining comprehensive U.S. commercial aircraft manufacturer. ECAs of countries, which are not participants of the OECD, such as the China Exim Bank,[15] Ex-Im Bank of Russia, Brazil, and India, are not required by their governments to follow OECD rules. Cochrane, J. H. "The risk and return of venture capital". The last date for applying is December 31. While foreign trade has due inputs from the exporter, logistics partner, customs on the exporter’s side and a similar list of stakeholders on the importer’s side, it becomes imperative to work in coordination not only with the agencies within the country, but also with respective counterparts abroad. Search 2,000+ accounting terms and topics. The lawsuit alleged that EXIM financing for the projects violates U.S. environmental and cultural heritage laws. Definition: Export Import Bank (Exim Banks) are government or semi government agencies that ensure the safety and growth of a country’s foreign trade. Constructed between 1937 and 1938, the 717-mile Burma Road links Lashio in present-day Myanmar (previously Burma) to Kunming in Yunnan Province, China. The objective of the bank is to promote expansion & diversification of the export base of the country by providing short term export credit facilities and long term financing facilities for setting up export oriented projects. On January 25, 1991, EXIM approved the first transaction to Czechoslovakia since 1947. [90], In 2019 Friends of the Earth (US) criticized EXIM President Kimberly A Reed for supporting the liquid natural gas (LNG) industry despite the lifecycle climate impacts of the fossil fuel, citing the U.S. government’s Fourth National Climate Assessment finding that more frequent and extreme weather events are severely damaging the environment and the economy, while increasing harm to human health and loss of life. EXIM BANK EXTENDED BANK GUARANTEES FOR EXIM BANK EXTENDED BANK GUARANTEES FOR Executing the construction contract for the port and infrastructure development. Between 2009 and 2012, EXIM fossil fuel financing grew from $2.56 billion to nearly $10 billion. The Export-Import Bank (EXIM) is an independent federal agency that helps businesses of any size grow their international exports. Amount – the total dollar value of total insured shipments, guaranteed credit, or disbursed loans supported by EXIM.. From 1939 to 1942 the Burma Road served as a lifeline for military goods and support in the fight against the Japanese in the Far East. The $25 million credit approved by EXIM in December 1938 was crucial in ensuring that the supply route remained open by providing the transportation vehicles and support material to operate the new road and by providing China with purchasing power during WWII. EXIM was organized originally as a District of Columbia banking corporation by Executive Order 6581 from Franklin D. Roosevelt on February 2, 1934, under the name Export–Import Bank of Washington. Export-Import Bank of India, or EXIM Bank, has released an online notification for recruitment of 60 management trainees. C 02-4106 JSW, United States District Court for the Northern District of California, Fact Sheet: U.S. Export–Import Bank's Fossil Fuel and Renewable Energy Financing, Pacific Environment, "Obama's Trade Goal Fights his Clean-Energy Plan", "EXIM Urged to End Fossil Fuel Binge, Support Renewables", Work on LNG Project Resumes in PNG's Hella, locals confused over troop deployment, "Further Updates on Tumbi Landslide from RNZI", "Summary of Minutes of Meeting of Board of Directors, Item #2", "Summary of Minutes of Meeting of Board of Directors, Item #7", "U.S. EXIM Flip-Flops on Giant Indian Coal Project", "U.S. Taxpayer-Funded Bank, Under Pressure from Obama Administration, Gives Green Light to Giant Dirty Coal Plant in India", "Protestors: Why Lock the World into a Coal Powered Future", "South African Coal Plant Wins U.S. What is EXIM Bank? I from Country Y. [57], Forbes contributor Doug Bandow wrote in 2014, "The agency piously claims not to provide subsidies since it charges fees and interest, but it exists only to offer business a better credit deal than is available in the marketplace. The Bank is chartered as a government corporation by the Congress of the United States; it was last chartered for a three-year term in 2012. The Definition of EXIM Bank is given above so check it out related information. The mission of the Bank is to create and sustain U.S. jobs by financing sales of U.S. exports to international buyers. While the trade in itself is quite similar to the traditional trade with supply based on purchase order and agreed payment terms, it becomes a lot more risky when it happens across nations. Mr. E, who owns a handicrafts manufacturing unit in Country X has a purchase order from Mr. Exim Bank Management Trainee Recruitment 2020: Export-Import Bank of India has recently released 60 vacancies for the post of Management Trainee.The interested and eligible candidates can read out the eligibility, salary structure, how to apply, and detailed information about the recruitment here. EXIM's aim is to promote U.S. goods and services at no cost to U.S. taxpayers, protecting “made in America” products against foreign competition in overseas markets and encouraging the creation of American jobs. [47], Supporters say that the bank emphasizes trying to help small and medium size businesses expand their exporting capabilities. That translates into a $200 million cost for taxpayers on the $21 billion in loans that the bank will make in 2012. "[49] During the Bank's reauthorization struggle, May 2012, he said that the Export–Import Bank plays a very important role in reaching his goal of doubling exports over 5 years. [91][92], Conversely the EXIM has also faced scrutiny for pursuing green energy projects. What is the meaning of EXIM Bank? This assertion was based on the lack of interest by private capital in lending to foreign government buyers and delays in ratification of the Articles of Agreement for the International Monetary Fund and the International Bank for Reconstruction and Development. Vacancies: India Exim Bank Recruitment 2020-21. Founded in 1934, the Export–Import Bank was established by an executive order organized by President Franklin D. Roosevelt under the name Export–Import Bank of Washington. [79][80][81][82][83] In 2011, several environmental groups protested at Export–Import Bank headquarters, unsuccessfully urging Chairman Hochberg and Board of Directors to reject $805 million in financing for the 4,800 megawatt Kusile coal-fired power plant in South Africa,[84] which environmental groups say is the largest carbon emitting project in the agency's history, which will not alleviate poverty but will emit excessive local air pollution, which health experts say causes damage the respiratory, cardiovascular, and nervous systems and deaths resulting from heart disease, cancer, stroke, and chronic lower respiratory diseases. The mission of the Bank is to create and sustain U.S. jobs by financing sales of U.S. exports to international buyers. [citation needed], Post-WWII reconstruction and the Marshall Plan, Criticism of green energy-based financings. Main Address: 811 Vermont Ave., NW Washington, DC 20571. Exim bank is the premier export finance institution of the country. 116-94) which authorized the bank until December 31st, 2026. EXIM Bank or Export Import Banks are the government’s agencies with a mandate to promote the countries exports and facilitate imports that can enhance the value of the existing capital investments and can provide further impetus to exports. Others say that's a cop-out", Intergovernmental Panel on Climate Change, Order Denying Defendants' Motion for Summary Judgment, in the case of Friends of the earth, Greenpeace, Inc. and City of Boulder Colorado versus Peter Watson (Overseas Private Investment Corporation) and Phillip Lerrill (Export-Import Bank of the United States), No. The Government Corporation Control Act of 1945[25] requires the Bank to be reauthorized by Congress every four to five years. What is the definition of import export bank? The Export-Import Bank of India (EXIM Bank) has invited online applications from eligible and interested candidates for filling Sixty (60) vacancies to the post of Management Trainees (MT) through direct recruitment to be posted across India on a fulltime basis. [22][23] EXIM became a self-sustaining (self-funding) agency in 2007, though the loans remain backed by the government.[24]. of the Guinea Bauxite Export Project. Financed by First Interstate Bank of Los Angeles, CA, the guarantee allowed Tonak Hat Company[45] to purchase computers from a U.S. company, Digital Equipment Corporation of Massachusetts. Export-Import Bank of India (Exim Bank) on Saturday said it has extended a $448 million line of credit (LOC) for various infrastructure projects in Uzbekistan. Moreover, this analysis reveals that the EXIM's loan guarantees are made at sufficiently generous terms that borrowers receive subsidies of about 1% of the amount borrowed. [39], EXIM played a critical role during the years between the end of Lend-Lease (September 1945) and the beginning of the Marshall Plan and the World Bank's first authorizations (May 1947–1948). The stated goal was "to aid in financing and to facilitate exports and imports and the exchange of commodities between the United States and other Nations or the agencies or nationals thereof", with the immediate goal of making loans to the USSR and Latin America. Since its inception, the Exim Bank of India has been both a catalyst and a key player in the promotion of cross border trade and investment. The bank's charter provides that EXIM makes available "not less than 20%" of its lending authority to small businesses although they have often fallen short of the 20% threshold. While the EXIM projects will earn the U.S. government an average of $1.4 billion per year for the next 10 years, an alternative analysis from the Congressional Budget Office found that the program would lose about $2 billion during the same period, partly due to discrepancies in how credit risk is accounted for. Established in 1994, the bank is subordinated to the State Council. [8] In December of 2019, President Donald Trump signed the Export-Import Bank Extension into law as part of the Further Consolidated Appropriations Act, 2020 (P.L. At the end of WWII, it was recognized that the U.S. did not have a credit facility capable of handling the demand that would result from the cessation of hostilities. Support of Boeing is seen as particularly critical as Comac, China's state-owned and heavily subsidized commercial aircraft manufacturer, aggressively seeks to leech market share from both Boeing and Airbus. [74][75] In December 2009, EXIM Directors approved $3 billion in financing for the ExxonMobil-led Papua New Guinea Liquid Gas project in December 2009. Obama and Modi agreed on issues that had previously stopped U.S. companies from establishing nuclear reactors in India. [52], 65% of loan guarantees over 2007 and 2008 went to companies purchasing Boeing aircraft. Home » Accounting Dictionary » What is an Export Import Bank (Ex-Im Bank)? [40] The Export–Import Bank Act of 1945 increased lending authority from $750 million to $3.5 billion, almost a fourfold increase to help address these shortfalls. On this basis the criticism is that "This simple approach—which is based on a method outlined in a National Bureau of Economic Research paper by Debbie Lucas of the Massachusetts Institute of Technology—suggests that the EXIM's long-term loan guarantee program actually provides guarantees at a loss for taxpayers, not a profit. Now, the EXIM Bank is once again fully operational, but the future of the bank remains uncertain. [43], When the Berlin Wall fell in 1989 and the USSR was dissolved in 1991, U.S. companies were able to conduct business freely with Eastern Europe for the first time since the end of WWII. EXIM equips U.S exporters and their customers with tools such as buyer financing, export credit insurance, and access to working capital.

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