The Government Accountability Office (GAO) today released the following reports, testimony, and correspondence: Export-Import Bank: Additional Analysis and Information Could Better Inform Congress on Exposure, Risk, and Resources, GAO-13-620, May 30 Export-Import Bank: Financing of Dual-Use...more
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2013/05/31
Country: USA
ECAs: Export-Import Bank of the United States
2013/05/29
Country: Canada
ECAs: Export Development Canada
(Globe and Mail, Ottawa, 2 May 2013) The Harper government has reached outside the Bank of Canada to choose its next governor, selecting an expert in trade and exports as the country’s new top economic steward. Stephen Poloz, the head of Canada’s export credit agency, was named the country’s...
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2013/05/29
Country: Canada
ECAs: Export Development Canada
Issue: Aircraft
(Premium Times, Lagos, 7 May 2013) The Nigerian Export Import Bank, NEXIM, and the Export Development Canada, EDC, are exploring the prospects of a partnership to provide short term financing to Nigeria’s aviation sector. This was one of several discussions between the Nigerian delegation led...
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2013/05/29
Country: Canada, USA
ECAs: Export-Import Bank of the United States
Issue: Aircraft
(Reuters, Seattle, 22 May 2013) - Delta Air Lines Inc wants the U.S. Export-Import Bank to stop helping state-owned foreign airlines buy wide-body jets from Boeing Co , and would be willing to forgo such support for its own purchases if all such subsidies were eliminated, its chief executive...
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2013/05/29
Country: Brazil, Canada, USA
ECAs: Export-Import Bank of the United States
Issue: Aircraft
(AIN, New York, 20 May 2013) Boeing’s recent assertion of an increased appetite in capital markets to fund airliner orders is welcomed by manufacturers and their customers when other sources of funding seem under pressure. Export credit, now comes generally at higher interest rates and tougher...
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2013/05/29
Country: USA
ECAs: Export-Import Bank of the United States
Issue: Renewables
(Alawaba, Amman, 15 May 2013) Masdar, Abu Dhabi’s renewable-energy company, and the US Ex-Im Bank, have signed a Memorandum of Understanding in which they will explore opportunities to structure and deploy up to $2bn worth of Ex-Im Bank’s finance supporting U.S. exports to Masdar’s future...
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2013/05/29
Country: USA
ECAs: Export-Import Bank of the United States
(USGAO, Washington, 23 May 2013) The U.S. Export-Import Bank's (Ex-Im) methodology to calculate the number of U.S. jobs associated with the exports it helps finance has four key steps. Ex-Im reports the number of jobs its financing supports and the methodology it uses but does not describe...
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2013/04/30
Country: Australia, Canada, France, Germany, Italy, Japan, Switzerland, United Kingdom, USA
(US State Department, Washington, 11 April 2013) Ministers and senior officials from more than a dozen donor countries met in Washington, D.C. on April 10-11 to discuss ways to meet the challenge of scaling up low-carbon investment in developing countries. Convened and chaired by the USA,...
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2013/04/29
Country: Australia, China, Italy, Japan, USA
ECAs: EXIM Bank China, Export Finance and Insurance Corporation, Export-Import Bank of the United States, Japan Bank for International Cooperation, Nippon Export and Investment Insurance, SACE S.p.A.
Issue: Oil, Gas and Mining
Member: Les Amis de la Terre,
(Banktrack, Nijegen, 18 April 2013) A coalition of seven NGOs (BankTrack, Jubilee Australia, Pacific Environment, Act Now! PNG, Mineral Policy Institute, International Accountability Project and Friends of the Earth France) today sent a letter to seventeen banks that are already involved in the...
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2013/03/29
Country: USA
ECAs: Export-Import Bank of the United States
Issue: World Trade Organization
GAO-13-303, Mar 28, 2013
From fiscal year 2008 to fiscal year 2012, the U.S. Export-Import Bank's (Ex-Im) outstanding financial commitments (exposure) grew from about $59 billion to about $107 billion, largely in long-term loans and guarantees. Factors associated with this growth...
2012/12/31
(US Treasury Dept., Washington, 4 May 2012) In February 2012, the United States and China established an international working group of major OECD and non-OECD providers of export financing to make concrete progress towards a set of international guidelines on the provision of official export... more
Region: Asia and the Pacific
Country: China, USA
2012/11/30
(Pacific Environment, Doha, 28 November 2012) The Obama Administration is supporting skyrocketing export subsidies for dirty fossil fuels through the United States Export-Import Bank (Ex-Im Bank). The subsidies, revealed in the newly released Ex-Im Bank 2012 Annual Report, are significantly larger... more
Country: USA
Issue: Climate Change
2012/11/30
(Ventures Africa, Cape Town, 15 November 2012) In a move to improve trade ties between the continent and Canada, the African Export-Import Bank (Afreximbank) has been awarded a $30 million (4.8 billion naira) five-year line of credit by Canada’s export credit agency, Export Development Canada. The... more
Region: Africa (Sub-Saharan Region)
Country: Canada
2012/09/30
(Reuters, Washington, 7 September 2012) The U.S. Export-Import Bank said on Friday it authorized a $2 billion direct loan to Barakah One Co of the United Arab Emirates to purchase U.S. equipment and construction services to build one of the world's largest nuclear power plants.
Region: Middle East and North Africa
Country: USA
ECAs: Export-Import Bank of the United States
2012/09/30
(E&E Publishing, Washington, 28 September 2012) Saudi Aramco and Dow Chemical Co. are $5 billion closer to building a world-scale petrochemical complex in Saudi Arabia, thanks to the U.S. government. Yesterday, the Export-Import Bank authorized a $4.975 billion loan to Sadara Chemical Co., a... more
Region: Middle East and North Africa
Country: USA
ECAs: Export-Import Bank of the United States