EX-IM signs new co-financing pact with Japanese rival NEXI

Politico, Washington, 5 November 2019) EXIM has signed an agreement with Japan’s export credit agency, NEXI, that allows either agency to act as the lead on co-financing projects. Under the previous co-financing agreement, only Ex-Im could act as the lead. The expanded scope is expected to facilitate greater business opportunities for exporters of both nations, Ex-Im said. The new arrangement makes it “possible for Japanese companies to collaborate with American companies in infrastructure projects” in the Indo-Pacific region, NEXI Chairman and CEO Atsuo Kuroda said in a statement.