Bridging the gap: Exporters look elsewhere as US Ex-Im is unable to provide

In:

Oil & gas, Transport

Region:

Middle East & Africa, Americas, Asia-Pacific, Europe

Lucy Palfreeman

reporter

US Ex-Im has been without authority to approve transactions above $10 million for over 18 months, provoking huge changes for some of Ex-Im’s largest clients. However, exporters are beginning to look elsewhere – to private insurers and some other ECAs – to fill the financial support vacuum.

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