FOR IMMEDIATE RELEASE February 24, 2020
Office of Communications (202) 565-3201
Washington, D.C. – President and Chairman of the Export-Import Bank of the United States (EXIM) Kimberly A. Reed met today with U.S. Ambassador to the Dominican Republic Robin S. Bernstein to discuss how EXIM can help American businesses export their “Made in the U.S.A.” goods and services to the Dominican Republic.
During the meeting, Chairman Reed and Ambassador Bernstein discussed how EXIM can advance projects in the Dominican Republic and the Caribbean and support the Trump Administration’s América Crece initiative. América Crece is an innovative, whole of-government approach to support economic development by catalyzing private sector investment in energy and other infrastructure projects across Latin America and the Caribbean. In recent years, EXIM has assisted with the export of approximately $66 million in goods and services to the Dominican Republic.
Chairman Reed and Ambassador Bernstein also discussed EXIM’s historic seven-year reauthorization, which allows EXIM to continue supporting American exporters, and discussed EXIM’s ongoing support of minority- and women-owned (MWOB) businesses.
EXIM President and Chairman Kimberly A. Reed met today with U.S. Ambassador to the Dominican Republic Robin S. Bernstein
EXIM is an independent federal agency that promotes and supports American jobs by providing competitive and necessary export credit to overseas purchasers of U.S. goods and services. 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.