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EXIM Announces Board Meeting to Discuss Temporary Actions to Address Urgent U.S. Undersupply of COVID-19 Medical Supplies and Equipment to Protect the American People

Teleconference Meeting to Occur Tuesday, April 14 at 10 a.m. EDT

FOR IMMEDIATE RELEASE April 8, 2020

Media Contact Name/Phone: 

Office of Communications (202) 565-3201

WASHINGTON – The Export-Import Bank of the United States (EXIM) today announced its Board of Directors will hold an open meeting on Tuesday, April 14, 2020, at 10 a.m. EDT via teleconference to discuss COVID-19 (coronavirus) pandemic relief measures and consider temporary actions to address the urgent U.S. undersupply of COVID-19 response medical supplies and equipment.

“We take our responsibility to support and protect our customers, colleagues, and the American people very seriously, especially during this critical time as our nation comes together to treat and prevent the spread of the COVID-19 virus in our country,” said EXIM President and Chairman Kimberly A. Reed. “EXIM, as part of a whole-of-government response, is focused on necessary, appropriate, and temporary efforts to support U.S. Government policy in fighting the coronavirus pandemic, including efforts to help ensure the United States has adequate supplies for the American people.”

In March, the EXIM Board of Directors unanimously announced its strong support of relief measures to assist American businesses and workers impacted by COVID-19. Details on EXIM COVID-19 response actions, along with helpful resources, are located on the EXIM Coronavirus Response webpage.

In addition to the posting of this announcement on the EXIM website, the agency submitted a notice to the Federal Register as early as practicable given the urgent and exigent circumstances before the meeting. Underscoring EXIM’s commitment to transparency, the meeting will be open to public observation by teleconference. Members of the public who wish to attend the meeting should email Joyce Stone, Office of the General Counsel, by close of business Monday, April 13, 2020. Individuals will be given call-in information upon notice of attendance to EXIM.

ABOUT EXIM:

EXIM is an independent federal agency that promotes and supports American jobs by providing competitive and necessary export credit to support sales of U.S. goods and services to international buyers. A robust EXIM can level the global playing field for U.S. exporters when they compete against foreign companies that receive support from their governments. EXIM also contributes to U.S. economic growth by helping to create and sustain hundreds of thousands of jobs in exporting businesses and their supply chains across the United States. In recent years, approximately 90 percent of the total number of the agency’s authorizations has directly supported small businesses. Since 1992, EXIM has generated more than $9 billion for the U.S. Treasury for repayment of U.S. debt.

For more information about EXIM, please visit www.exim.gov.