READOUT: EXIM Chair Reta Jo Lewis Hosts Australia Minister of Trade, Tourism, and Investment
WASHINGTON – President and Chair of the Export-Import Bank of the United States (EXIM) Reta Jo Lewis yesterday hosted a delegation from Australia led by Minister of Trade, Tourism, and Investment, Dan Tehan, Australian Ambassador to the U.S., Arthur Sinodinos, and other senior officials from the Australian government.
Chair Lewis emphasized her commitment to the Biden Administration’s whole-of-government approach to building a better America – particularly in efforts to compete with China, advance America’s leadership in transformational export areas like clean energy and energy storage and build deeper bilateral commercial trading opportunities. The group discussed ways that the China and Transformational Exports program creates new flexibilities to support U.S. exporters facing Chinese competition.
Chair Lewis also outlined how the United States and Australia can work together on clean and renewable energy projects and said that as the world is transitioning to cleaner energy sources, U.S. exporters can be a critical piece of driving that transition.
The group committed to seeking new partnerships that advance the shared goals of Australia and the U.S. Chair Lewis highlighted EXIM’s work on key Presidential initiatives like the Build Back Better World initiative.
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.