Chairman Reed and Ambassador O’Brien Co-Author Op-Ed in Advance of Trip: “Battling China’s Predatory Economics to Bring Back Jobs”
FOR IMMEDIATE RELEASE October 17, 2020
Office of Communications (202-565-3206)
WASHINGTON — Export-Import Bank of the United States (EXIM) President and Chairman Kimberly A. Reed will travel to Brazil October 18-20 on a delegation trip led by National Security Advisor Robert C. O’Brien, and along with officials from the Office of U.S. Trade Representative, U.S. International Development Finance Corporation, as well as the U.S. Ambassador to Brazil, to highlight the robust relationship between the two countries and the strength, diversity, and opportunities in their joint economic relationship.
Ambassador O’Brien and Chairman Reed authored a joint op-ed published online today by Fox Business News. In the piece they wrote, “Leveling the playing field for American exporters will strengthen and grow American businesses of all sizes, create American jobs, and keep America strong.”
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.