EXIM’s historic seven-year reauthorization (P.L. 116-94), signed into law December 20, 2019, directs EXIM to establish a new “Program on China and Transformational Exports” (see Sec. 402). The Program’s purpose is to support the extension of loans, guarantees, and insurance, at rates and on terms and other conditions, to the extent practicable, that are fully competitive with rates, terms, and other conditions established by the People’s Republic of China or by other covered countries (as designated by the Secretary of the Treasury). The law charges EXIM with a goal of reserving not less than 20 percent of the agency’s total financing authority (i.e., $27 billion out of a total of $135 billion) for support made pursuant to the program, with a focus on specific industries.
In order to better understand the needs of these important stakeholder communities, EXIM will host a series of teleconference calls with industry representatives and EXIM senior staff throughout May and June 2020.
|May 7, 2020||Renewable energy||listen to recorded call|
|May 14, 2020||Wireless communication (5G)||listen to recorded call|
|June 11, 2020||Artificial intelligence; high-performance and quantum computing||register|
|June 18, 2020||Water treatment and sanitation||register|
|June 25, 2020||Emerging financial technologies||register|
|July 9, 2020||Space technology||register|
|July 16, 2020||Biotechnology and Biomedical Sciences||register|
|July 23, 2020||Semiconductors||register|
- May 14, 2020 - Chairman Reed Hosts Approximately 200 5G Stakeholders for Teleconference as Part of EXIM’s “Strengthening American Competitiveness” Initiative
- May 5, 2020 - David Trulio Appointed as Counselor to the Chairman and Senior Vice President for EXIM’s New Program on China and Transformation
- May 6, 2020 - EXIM Launches “Strengthening American Competitiveness” Initiative
- May 7, 2020 - Chairman Reed Hosts 260 U.S. Renewable Energy Stakeholders for First Teleconference in “Strengthening American Competitiveness” Outreach Initiative