FOR IMMEDIATE RELEASE September 22, 2020
Office of Communications (202-565-3207)
WASHINGTON – Export-Import Bank of the United States (EXIM) Chief of Staff David Fogel and Chief Banking Officer Steve Renna joined an interagency U.S. delegation, led by U.S. International Development Finance Corporation (DFC) CEO Adam Boehler, for a roundtable discussion with business leaders in Serbia hosted by U.S. Ambassador to Serbia Anthony Godfrey with the participation of the Serbian Chamber of Commerce and Industry and the Kosovo Chamber of Commerce.
During the discussion, Fogel and Renna underscored EXIM’s commitment to supporting economic development in the region, particularly through the export of U.S. goods and services to Serbia. EXIM works closely with DFC, the U.S. Agency for International Development (USAID), and other government agencies to support U.S. investment and economic development in the region through trade financing solutions.
EXIM Chief Strategy Officer Luke Lindberg also participated in a luncheon hosted by AmCham Serbia, where he discussed EXIM support for the telecom, tourism, and banking industries.
Other delegation participants included Special Advisor to the President on Serbia-Kosovo Ambassador Richard Grenell, USAID Deputy Administrator Bonnie Glick, and other senior government officials from the U.S. Departments of Energy and Commerce.
Last week, EXIM and DFC signed a Letter of Interest with Serbia in support of The Peace Highway, a project that is key to promoting economic cooperation between Serbia and Kosovo.
On September 5, 2020, EXIM President and Chairman Kimberly A. Reed issued a statement regarding President Trump’s announcement that Serbia and Kosovo committed to economic normalization.
EXIM Chief Banking Officer Steve Renna speaking at a roundtable discussion with business leaders in Serbia.
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.