EXIM President and Chair Reta Jo Lewis Visits Singapore; Highlights EXIM Support for Clean Energy with U.S. Energy Secretary Granholm and Singapore Second Minister of Trade and Industry Tan See Leng
SINGAPORE – On Friday, President and Chair of the Export-Import Bank of the United States (EXIM) Reta Jo Lewis concluded a successful visit to Singapore. Throughout the visit, Chair Lewis focused on expanding EXIM’s outreach and business development efforts to international and government partners, and she continually reaffirmed EXIM’s dedication supporting competitive U.S. exports in the region.
During the week, Chair Lewis participated in a roundtable with cabinet ministers from across the region focused on U.S.-Southeast Asia Clean Energy Strategy, and with Singapore’s Second Minister of Trade and Industry Dr. Tan See Leng, co-moderated a conversation with private sector leaders focused on leveraging public finance for climate projects. U.S. Department of Energy Secretary Jennifer Granholm led the U.S. delegation, and leaders from the U.S. International Development Finance Corporation and the U.S. Trade and Development Agency also participated.
In both discussions, Chair Lewis highlighted the Biden-Harris Administration’s new Partnership for Global Infrastructure and Investment (PGII) and the ways EXIM financing can help de-risk and bring more bankable clean energy projects to life. Chair Lewis emphasized how important new tools like EXIM’s China and Transformational Exports Program (CTEP) can provide more competitive financing packages to sectors like clean energy technologies throughout ASEAN countries. She also committed to solidifying EXIM’s presence in the region, especially through new partnerships.
While in Singapore, Chair Lewis also held several additional engagements with stakeholders from the public and private sectors. On Wednesday, she met with United States Ambassador to Singapore Jonathan Kaplan to discuss ways EXIM can expand its Indo-Pacific outreach through better whole-of-government collaborations that deliver American-made goods and services to partners in the region. On Friday, joined by United States Executive Director for the Asian Development Bank Chantale Wong, Chair Lewis participated in bilateral and roundtable discussions organized through the American Chamber of Commerce in Singapore. She closed out her time in Singapore with a bilateral discussion with Ambassador-At-Large for the Singaporean Ministry of Foreign Affairs Chan Heng Chee.
The Export-Import Bank of the United States (EXIM) is the nation’s official export credit agency with the mission of supporting American jobs by facilitating U.S. exports. To advance American competitiveness and assist U.S. businesses as they compete for global sales, EXIM offers financing including export credit insurance, working capital guarantees, loan guarantees, and direct loans. As an independent federal agency, EXIM contributes to U.S. economic growth by supporting tens of thousands of jobs in exporting businesses and their supply chains across the United States. Since 1992, EXIM has generated more than $9 billion for the U.S. Treasury for repayment of U.S. debt. Learn more at www.exim.gov.