US Ex-Im to plug the gap
US Ex-Im to plug the gap
In the fiscal year 2008, US Ex-Im authorised US$14.4bn in financing in support of an estimated US$19.6bn-worth of US exports of goods and services. This marked a 22% increase compared to the previous year, and the bank’s activity during the first quarter of 2009 suggests business is only going to get busier. Jeffrey Abramson, vice-president of US Ex-Im’s trade finance and insurance division, speaks to Rebecca Spong about business prospects and the future of the export finance market in the US.
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