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BAFT News and Press Releases

 

BAFT and FSR Support Ex-Im Bank Reauthorization

by Patrick Devilbiss | Jul 03, 2014
BAFT and the Financial Services Roundtable (FSR) issued a joint letter to the Honorable Jeb Hensarling. Read the complete joint letter and background brief.

BAFT and FSR Support Ex-Im Bank Reauthorization

BAFT and the Financial Services Roundtable (FSR) issued a joint letter to the Honorable Jeb Hensarling, Chairman of the Committee on Financial Services and the Honorable Maxine Waters, Ranking Member of the same committee in the US House of Representatives expressing a strong support for reauthorizing the Export-Import Bank of the United States.
 
Key Points in Support of Ex-Im Bank Reauthorization Include:

  • Ex-Im Bank contributed to the recovery of trade finance markets during the economic crisis. It continues to increase the availability and affordability of trade finance.
  • Ex-Im Bank plays a vital role in international trade by filling the gaps in trade financing that cannot be provided in the private sector. Ex-Im Bank complements rather than competes with private sector lenders.
  • Ex-Im Bank leads to job creation and helps sustain global competitiveness in trade.
Read the complete joint letter and background brief. For additional information, please email info@baft.org.