1、CRS InsightsEx-Im Banks General Statutory Authority ExpiresShayerah Ilias Akhtar, Specialist in International Trade and Finance (siliasakhtarcrs.loc.gov, 7-9253)July 1, 2015 (IN10305)The Export-Import Bank (Ex-Im Bank), a wholly owned federal government corporation, is the official U.S. export credi
2、t agency (ECA). It operates under a renewable general statutory charter, the Export-Import Bank Act of 1945, as amended (12 U.S.C. 635 et seq.). Its general statutory authority expired on July 1, 2015. Previously, the FY2015 continuing resolution (P.L. 113-164) extended its charter for nine months t
3、hrough June 30, 2015.Ex-Im Banks mission is to assist in financing and facilitating U.S. exports of goods and services to support U.S. employment. It seeks to provide direct loans, loan guarantees, and export credit insurance to: (1) support exports that the private sector is unwilling or unable to
4、finance alone at commercially viable terms; and/or (2) counter government-backed financing offered by foreign countries through their ECAs. It is demand-driven, providing services based on user interest. The charter, among other things, requires Ex-Im Banks financing to have a reasonable assurance o
升级VIP 