FOR IMMEDIATE RELEASE March 23, 2005
Marianna Ohe (202) 565-3206
WASHINGTON, D.C. -- The Export-Import Bank of the United States (Ex-Im Bank) has adopted changes to its cover policy in Armenia, Chad, Ghana, Macedonia and Pakistan, effective , based on risk rating changes made by the U.S. Interagency Country Risk Assessment System (ICRAS).
The cover policy adjustments are:
- Armenia: Ex-Im Bank has opened for short- and medium-term programs in the public sector.
- Chad: Ex-Im Bank has opened for short- and medium-term programs in both the public and private sectors.
- Ghana: Ex-Im Bank has opened for long-term private sector programs.
- Macedonia: Ex-Im Bank has opened for long-term programs in both the public and private sectors.
- Pakistan: Ex-Im Bank has opened for short- and medium-term programs in the private sector.
For further information on Ex-Im Bank programs in these and other countries, visit Ex-Im Bank's web site at www.exim.gov and click on Country Limitation Schedule on the home page under Ex-Im Bank's Markets .
Ex-Im Bank, the official export credit agency of the United States, is in its 71st year of helping finance the sale of U.S. exports, primarily to emerging markets throughout the world, by providing loan guarantees, export credit insurance and direct loans. In fiscal year 2004, Ex-Im Bank authorized financing to support $17.8 billion of U.S. exports worldwide. For more information, visit www.exim.gov.