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Ex-Im Bank Applications for Aircraft, Turbine Exports

The Export-Import Bank of the U.S. received two applications for more than $100 million in financial aid -- for the export of Boeing 777 aircraft to Kuwait (here) and the export of General Electric turbines to the United Arab Emirates…

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Export Compliance Daily combines U.S. export control news, foreign border import regulation and policy developments into a single daily information service that reliably informs its trade professional readers about important current issues affecting their operations.

(here). The turbines will be used to expand a power plant, which will in turn support an expansion of an aluminum smelter in United Arab Emirates, according to the Federal Register notice on the application. Comments on both applications, each one asking for more than $100 million, can be submitted through www.regulations.gov and are due April 12.