Perspective
01 August 2017
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
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.
