Facebook pixel

Jump to navigation

Transcript of the OPEN Portion of the Meeting

Summary of the Meeting of the Board of Directors

Thursday, January 14, 2021
 
Completed

  1. OPEN:
    1. State Department Vetting of EXIM Transactions
      Review Required: None
      Decision Required: Approval
      John Connor – Assistant General Counsel for Fraud and Compliance
  2. CLOSED: NONE
Date Posted: Monday, January 4, 2021

EXPORT-IMPORT BANK OF THE UNITED STATES
SUMMARY OF MINUTES OF (PM) MEETING OF BOARD OF DIRECTORS
JANUARY 14, 2021

ITEM NO. 1
State Department Vetting of EXIM Transactions. Approval of the “State Department Vetting Procedures” setting forth the procedures required by Section 408 of the EXIM Charter, as well as the procedures for State Department review of all EXIM transactions greater than $25 million. The “State Department Vetting Procedures” includes the guidance for determining whether the “government of China”, as defined in Section 408, owns or controls an obligor, lender or end-user in loan or guarantee transactions greater than $25 million.
Review Required: None
Decision Required: Approval
Board Decision: APPROVED. Chairman Reed, Director Bachus
and Director Pryor all voted to in favor of the recommendation.