1、CRS InsightsExport-Import Bank Reauthorization DebateShayerah Ilias Akhtar, Specialist in International Trade and Finance (siliasakhtarcrs.loc.gov, 7-9253)August 18, 2014 (IN10097)The Export-Import Bank of the United States (Ex-Im Bank or the Bank), a wholly owned federalgovernment corporation, is t
2、he official export credit agency (ECA) of the U.S. government. Its missionis to assist in the financing of U.S. exports of goods and services to support U.S. employment. On ademand-driven basis, it seeks to provide financing when the private sector is unwilling, or unable, toundertake alone such fin
3、ancing at terms commercially viable for exporters; and/or to meet foreigncompetition by countering government-backed financing offered by foreign countries to theircompanies. Its statutory charter (Export-Import Bank Act of 1945, as amended, 12 U.S.C. 635 et seq.)expires on September 30, 2014 (P.L.
4、112-122), meaning that the agencys authority to enter into newobligations generally would cease and a wind-down of operations would be required. (This issue isdistinct from an authorization of appropriations expiring, which would not, in and of itself, terminatesuch authority to operate.) Congress i