Export-Import Bank of the United States Chair Reta Jo Lewis Welcomes Ukraine Delegation; Reiterates U.S. Support
WASHINGTON – President and Chair of the Export-Import Bank of the United States (EXIM) Reta Jo Lewis yesterday hosted a delegation from Ukraine led by Governor of the National Bank of Ukraine, Kyrylo Shevchenko, and Minister of Finance, Sergii Marchenko, along with other senior officials from the Ukrainian government.
“I was deeply honored to host the delegation from Ukraine, especially in light of the ongoing war with Russia,” said Chair Lewis. “EXIM is deeply committed to our relationship with Ukraine. The Export-Import Bank and all our partners in the United States – both government and private sector – stand with Ukraine and stand ready to be part of Ukraine’s efforts to rebuild.”
EXIM has a long history of working with Ukraine dating back to the 1990s and has supported a range of sectors including agriculture, mining, and infrastructure projects. In July 2021, EXIM signed a $3 billion memorandum of understanding with Ukraine’s Minister of Economic Affairs regarding financing on a variety of key infrastructure opportunities, including rail and road infrastructure initiatives and financing for a countrywide hydro-meteorological project.
Last month, in solidarity with Ukraine, EXIM issued a joint statement with export credit agencies from the U.K. and Canada condemning the attack on Ukraine and withdrawing any new export finance support for Russia and Belarus. Also, as of March 2022, the EXIM Board voted to officially close for new business in Russia.
The group discussed ways EXIM financing could facilitate rebuilding in Ukraine and the roles American companies can play as Ukraine rebuilds its infrastructure.
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.