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  • Open Daily: 10am - 10pm
    Alley-side Pickup: 10am - 7pm

    3038 Hennepin Ave Minneapolis, MN
    612-822-4611

Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
Report to Congressional Committees: Export-Import Bank

Report to Congressional Committees: Export-Import Bank

U. S. Government Accountability Office

Paperback

General Political Science

ISBN10: 1503166651
ISBN13: 9781503166653
Publisher: Createspace
Published: Jan 7 2015
Pages: 68
Weight: 0.40
Height: 0.14 Width: 8.50 Depth: 11.02
Language: English
Ex-Im, the official ECA of the United States, is an independent agency operating under the Export-Import Bank Act of 1945, as amended. Its mission is to support the export of U.S. goods and services overseas, thereby supporting U.S. jobs. Official ECAs are organizations that provide export credits with explicit government backing, where either the government or the government-owned ECA assumes all or a portion of the risk. Export credits are financing arrangements designed to mitigate risks to buyers and sellers associated with international transactions. Buyers and sellers in international transactions face unique risks, such as foreign exchange risk, difficulties in settling disputes when damages to shipments occur, or instability in the buyer's country.

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