FOR IMMEDIATE RELEASE October 25, 2019
Office of Communications (202) 565-3201
Washington, D.C. – Kimberly A. Reed, president and chairman of the Export-Import Bank of the United States (EXIM), and David Fogel, chief of staff, met today at the Israeli embassy with Israel’s Ambassador to the United States Ron Dermer, to discuss how America and Israel’s close relationship extends to trade and economic cooperation.
During the meeting, Chairman Reed expressed EXIM’s critical role in promoting trade between the United States and Israel, and the strong economic ties that serve the national economic and security interests of both countries. She said that the two allies benefit greatly from EXIM’s longstanding support of U.S. exports to Israel. Over the past 20 years, EXIM has authorized financing to assist U.S. exporters in selling billions of dollars of “Made in America” goods and services to the Israeli market.
EXIM Chief of Staff David Fogel and EXIM Chairman and President Kimberly A. Reed met today with Israel’s Ambassador to the United States Ron Dermer at the Israeli embassy in Washington, D.C.
ABOUT EXIM BANK:
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, 90 percent of the total number of the agency’s authorizations has directly supported small businesses.
For more information about EXIM, please visit www.exim.gov.