EXIM’s All America Initiative is Focused on Helping Businesses in Alaska and Throughout the Country
FOR IMMEDIATE RELEASE November 19, 2020
Office of Communications (202-565-3207)
ANCHORAGE – Export-Import Bank of the United States (EXIM) President and Chairman Kimberly A. Reed yesterday joined Governor Mike Dunleavy of Alaska and National Security Advisor Ambassador Robert O’Brien for a discussion that focused, in part, on Alaska’s economic growth.
Chairman Reed and Governor Dunleavy discussed how EXIM’s financing options can help Alaska companies, both large and small, grow through the export of “Made in the USA” goods and services.
Chairman Reed highlighted EXIM’s new All America Initiative. The initiative focuses on reaching, educating, and informing U.S. companies of all sizes—particularly small businesses—about how they can utilize EXIM’s financing tools and resources to increase their international sales, showcase their “Made in the USA” products, and sustain American jobs. Details on EXIM’s All America Initiative, including state exporter maps, resources, and the All America video, can be found here.
“Governor Dunleavy is a tremendous leader who is focused on the importance of trade to Alaska’s economy. He is committed to helping the state’s businesses and workers compete and win in the highly competitive global marketplace,” said Chairman Reed. “Alaska is nicknamed ‘The Last Frontier,’ but, as part of our All America Initiative, this great state is front and center for us at EXIM. I appreciated the Governor’s thoughts on ways in which our agency can help Alaska companies boost their exports, including barley agricultural exports. Our conversation will be top of mind during my discussions in the Indo-Pacific region over the next few days and beyond. I join with Alaskans in saying ‘North to the Future!’ The ‘Last Frontier’ is a land of promise thanks to the ingenuity and dedication of Alaska’s entrepreneurs, businesses of all sizes, and the American jobs they support.””
EXIM Chairman Kimberly Reed and Alaska Governor Mike Dunleavy at an evening meeting at Ted Stevens International Airport, Anchorage, Alaska.
On September 15, 2020, EXIM, in partnership with the Anchorage Chamber of Commerce, Alaska SBDC, Export Council of Alaska, and Alaska MEP Center, hosted a webinar, Export Expansion: Trade Finance Solutions for U.S. Exporters, for Alaska businesses.
Chairman Reed also discussed EXIM’s historic, seven-year Congressional reauthorization, which was signed into law by President Trump on December 20, 2019, and the agency’s new “Program on China and Transformational Exports,” which focuses on neutralizing China and advancing America’s comparative leadership, including through the export of U.S. goods and services from key transformational industries.
The meeting with Governor Dunleavy was the first stop on a U.S. delegation visit to Southeast Asia led by Ambassador O’Brien to advance economic growth and national security cooperation in the region.
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.