Ex-Im Bank Announces $1B Financing for U.S. & Mexican Exports
On September 1, 2011, the Export-Import Bank chairman and president concluded a business-development mission in Mexico, pledging closer ties to benefit both U.S. and Mexican companies and workers. Industries represented included construction, renewable energy production, steel fabrication, garment assembly, etc.…
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He also met with officials from Pemex, the Bank's most significant partner in Mexico. The Bank has voted to grant preliminary approval for Pemex financing totaling $1 billion, which a $200 million facility to benefit U.S. small business exporters. Since 1998, the Bank has approved more than $8.3 billion in Pemex financing to support U.S. exports, Mexico’s economy, and workers in both countries.