US industry buoyant following formal reauthorisation of US Ex-Im

Region:

Americas

Jonathan Bell

Editor-in-chief

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After over five months of political wrangling in the US House of Representatives and the Senate, the Export-Import Bank of the United States (US Ex-Im) has finally and formally secured reauthorisation. The move is a major boost for US industry which has been hampered in many major overseas export contracts and projects while US Ex-Im has been unable to approve new financial support.