| 单词 | export credit |
| 例句 | The government has said it will provide the loan guarantee through UK Export Finance - the UK's export credit agency - to enable UK-headquartered company Urenco to supply Ukraine's national nuclear company, Energoatom. Grant Shapps visits Kyiv as UK backs Ukraine nuclear power 2023-08-22T04:00:00Z The economy ministry spokesperson said the Federal government in 2010 supported the construction of Nord Stream 1 with export credit guarantees and a separate financial credit guarantee, adding that there was no further federal support. Exclusive: German insurers renew cover for blast-damaged Nord Stream gas link 2023-04-04T04:00:00Z ImpactA aims to bring in investors such as development finance institutions, export credit agencies and institutional asset managers to provide debt financing to these projects. Ex-JPMorgan bankers start emerging market infrastructure investment firm 2023-03-06T05:00:00Z The suspension will affect export credits and investment guarantees as well as Germany's manager training and trade fair programmes in Iran, the ministry said. Germany suspends measures to promote business with Iran 2022-12-23T05:00:00Z The government also plans to tighten export credit guarantees to avoid unwanted technology transfer, in particular sensitive dual-use technologies and those that can be used for surveillance and repression, said the document. Germany plans to tighten rules for firms highly dependent on China - document 2022-11-19T05:00:00Z Italy is attempting to weaken a pledge 10 European governments intend to make on Thursday to stop export credit support for fossil fuel projects, according to draft documents and sources familiar with the matter. Evergrande chairman's Hong Kong mansion seized by bank - media report 2022-11-03T04:00:00Z The project partners injected 30% proportionally to their shareholding in equity and received the other 70% in bank and export credit agency loans. Factbox: Nord Stream's role in Russia's gas supply to Europe 2022-09-27T04:00:00Z Export-Import Bank and a senior Ukrainian development minister on Tuesday pledged to keep working on U.S. financing opportunities to support Ukraine's energy security and infrastructure, the export credit agency said. U.S. EXIM Bank, Ukraine pledge cooperation on financing, reconstruction 2022-08-31T04:00:00Z The stake will be funded through a combination of equity and a senior multi-tranche staple financing package, which has been structured by Orsted and is provided by 30 banks including Denmark's export credit agency. Orsted sells 50% of British wind farm to French consortium 2022-03-28T04:00:00Z In November, the United States signed a $600 million export credit agreement with Lithuania, almost double the amount of the country’s annual exports to China. With beer, rum and chocolate, Taiwan rallies behind Lithuania in spat with China 2022-01-06T05:00:00Z Adomenas said that Chinese authorities were also curtailing exports to Lithuania, including by stopping export credit guarantees for Lithuanian imports from China. EXCLUSIVE Lithuania braces for China-led corporate boycott 2021-12-09T05:00:00Z The United States has offered Lithuania trade support in its dispute with China, with Lithuania signing a $600 million export credit deal with the government-owned Export-Import Bank of the United States last week. Lithuania seeks U.S.-E.U. coordination on potential Beijing Olympic boycott, foreign minister says 2021-11-24T05:00:00Z China will enhance the role of export credit insurance and the ability of enterprises to deal with exchange rate risks, Ren added. China says it will introduce new measures to stabilise trade in due course 2021-11-24T05:00:00Z Recently, its investments have been smaller because the Export-Import Bank — the official U.S. export credit agency — has been prevented from funding fossil fuel projects overseas because it lacks a quorum. U.S. Agrees to End Fossil Fuel Financing Abroad 2021-11-04T04:00:00Z Last Tuesday, officials announced support for an international proposal to limit export credit for coal power. Janet Yellen faces climate test as environmentalists push for more aggressive financial action 2021-09-18T04:00:00Z The funding is made up of two loans - a $910 million facility supported by a partial World Bank guarantee, and $165 million backed by France's export credit agency. Standard Chartered arranges $1.1 bln financing for Angola water project 2021-09-06T04:00:00Z EU export credits will also end, although private savings will not be targeted. EU measures to 'tighten thumbscrews' on Belarus 2021-06-21T04:00:00Z France and Canada’s export credit agencies, BPI and EDC respectively, are expected to be the main lenders, Goldberg said. Canada's Telesat takes on Musk and Bezos in space race to provide fast broadband 2021-04-11T04:00:00Z In 2019, Yegg’s website described the company as “an Export Management, Trading and Trade Finance company that specializes in the following areas: Capital equipment, export finance, and trade/export credit insurance.” Trump officials gave a finance firm $16.3 million to supply food boxes to the poor. House Democrats are raising questions about how those funds were handled. 2020-11-23T05:00:00Z The U.S. conglomerate was also working with multiple export credit agencies to facilitate financing of more than $1 billion for the projects, it said in a statement here on Wednesday. GE signs power agreements worth over $1.2 billion with Iraq 2020-08-19T04:00:00Z In the run-up to the SFO's investigation, UK, French and German authorities froze export credit applications by Airbus, but reversed that decision in 2018. Airbus to pay SFO €1bn in corruption settlement 2020-01-31T05:00:00Z The 17 lenders now involved, who also include Norway’s export credit agency, represent at least $140 billion of the total global shipping finance portfolio. Credit Suisse, others back initiative to factor CO2 cuts into shipping finance 2020-01-30T05:00:00Z Around the world, our competitor countries are running about 100 export credit agencies. Opinion | Shutting down the Ex-Im Bank would be a win for China 2019-05-19T04:00:00Z They argue that almost every other nation has an export credit agency. Analysis | Pity the Export-Import Bank, caught between warring Republican factions 2019-05-07T04:00:00Z Another 4.5 trillion won will be used to increase export credit financing and to create jobs. South Korea proposes $5.9 billion fiscal stimulus to tackle air... 2019-04-23T04:00:00Z More than a tenth of the export credit agency’s budget, £1.5bn, was allocated for the oil and gas sector in 2017. Ban Ki-moon tells Britain: stop investing in fossil fuels overseas 2019-02-24T05:00:00Z It also called for the introduction of a 5 percent export credit on services such as mobile apps. Smartphone makers seek export incentives to grow India production 2019-01-25T05:00:00Z The Japan Bank for International Cooperation, an export credit agency meant to lower financial risk for private lenders, is helping to fund it. World still depends on coal, cheap, plentiful — and dirty 2018-11-24T05:00:00Z Another AU$1 billion will be injected into Australia’s export credit agency. Australia details investment in South Pacific infrastructure 2018-11-07T05:00:00Z Its export credit agency signed an export finance deal with Iran two years ago. Denmark Says It Foiled Iranian Assassination Plot 2018-10-30T04:00:00Z And the UK's export credit agency - which underwrites risky export deals to boost international trade - announced it is considering finance for an expansion of an oil refinery in Bahrain. UK steps towards zero-carbon economy 2018-10-14T04:00:00Z The group would also help the government secure funding from international commercial banks and export credit agencies with German government support, creating thousands of jobs in Iraq. Siemens CEO pushes plans to boost Iraqi power infrastructure 2018-09-23T04:00:00Z The ministry stressed that European sanctions relief for Iran, one of the terms of the nuclear agreement, remain in place, and that government-backed export credit guarantees are still available. German government sets up Iran advice office for companies 2018-06-15T04:00:00Z He added that allowing the sale of E15 “isn’t anywhere near enough to offset the impact” of the ethanol export credits. White House expected to announce compromise on biofuels: sources 2018-06-03T04:00:00Z Activists who oppose the project also say that by approving it the Ex-Im Bank would risk violating an O.E.C.D. convention designed to prevent export credit agencies from forming a partnership with corrupt foreign officials. The U.S. May Back a Vietnam Coal Plant. Russia Is Already Helping. 2018-01-26T05:00:00Z “Banks look at these kinds of operations for relationship purposes,” said a source at a European export credit agency in the Middle East. Saudi Aramco hires Citi to lead $2 billion UK-backed loan: sources 2017-12-18T05:00:00Z Airlines use guarantees from export credit agencies to secure cheaper commercial funding, but the U.S. Boeing Finds An Ex-Im Bank Alternative 2017-05-31T04:00:00Z After expressing support for the Export-Import Bank, President Donald Trump decided to nominate a vocal critic to run the official export credit agency of the U.S. government. President Trump will nominate a critic of the Export-Import Bank after he flip-flopped on the credit agency 2017-04-15T04:00:00Z Britain last year suspended the issue of export credits to Airbus, and France and Germany immediately followed suit, forcing Airbus to provide financing itself to some airlines in order to maintain aircraft deliveries. Airbus says French probe shows firm's compliance working 2017-03-17T04:00:00Z Airbus said last year it expected export credits to resume in the fourth quarter, but this slipped into 2017. Airbus shakes up international marketing unit amid fraud probe: sources 2017-02-15T05:00:00Z “Banks look at these kinds of operations for relationship purposes,” said a source at a European export credit agency in the Middle East. Saudi Aramco hires Citi to lead $2 billion UK-backed loan: sources 2017-12-18T05:00:00Z Britain's SFO last year launched an investigation into suspected fraud, bribery and corruption in some Airbus aeroplane sales, following discrepancies found during an internal company audit of applications for UK government export credits. Indonesian watchdog says former Garuda CEO a bribery suspect 2017-01-19T05:00:00Z Because of the magnitude of the Mozambique project, if the bank doesn’t provide financing Anadarko will have to look to other foreign export credit agencies, said Christiansen. Potential Export-Import Bank deals pose grave environmental threat, experts say 2016-12-07T05:00:00Z In June, the German government began offering export credit guarantees via insurance group Euler Hermes for firms wanting to trade with Iran. Frustrated Europe hopes Clinton win can spur elusive Iran deals 2016-11-01T04:00:00Z Despite this, European export credit agencies are guaranteeing trade finance for Western companies doing business with Iran. Cautious Western insurers rebuild business ties with Iran 2016-10-21T04:00:00Z That is well below the levels seen at the height of the global financial crisis, when up to one-third of jet sales by Airbus and its American rival, Boeing, relied on export credit. Airbus Targeted by British Anti-Corruption Watchdog 2016-08-08T04:00:00Z As for the operational impact of the funding hiatus, analysts say this is limited for now because liquid markets mean there is little demand for export credit. UK to probe Airbus's use of third-party agents to sell planes 2016-08-08T04:00:00Z There are 38 other official export credit agencies. Potential Export-Import Bank deals pose grave environmental threat, experts say 2016-12-07T05:00:00Z "The potential in Iran is enormous and the demand for export credit guarantees is high, both in terms of formal applications and expressions of interest," Schoene said. Frustrated Europe hopes Clinton win can spur elusive Iran deals 2016-11-01T04:00:00Z Germany's state run export credit group Hermes has concluded trade finance deals covering goods worth several million euros. Cautious Western insurers rebuild business ties with Iran 2016-10-21T04:00:00Z Government-backed export credit agencies provide financing for some Airbus jetliner deals to help foster exports. U.K. Investigates Airbus 2016-08-07T04:00:00Z Just 5 percent of Airbus deliveries were supported by export credits last year. UK to probe Airbus's use of third-party agents to sell planes 2016-08-08T04:00:00Z Germany and France joined the UK in halting export credits. Serious Fraud Office opens Airbus corruption investigation - BBC News 2016-08-07T04:00:00Z A UK government agency this year suspended the issue of export credits to Airbus, citing discrepancies in declarations by the plane maker on the use of third-party intermediaries during jet sale negotiations. UK opens corruption probe into Airbus jet sales 2016-08-07T04:00:00Z China’s export credit operation is by far the largest. A Single Senator Stymies the Export-Import Bank 2016-06-27T04:00:00Z Dangote said the plant, which will include a $2 billion fertilizer unit, was being funded through "loans, export credit agencies and our own equity". Exclusive: Nigeria's Dangote shifts focus from cement to oil and gas 2016-06-24T04:00:00Z Visiting South Africa in December, for example, Xi Jinping, China’s president, pledged $60 billion in funding to Africa, mostly in the form of loans and export credits. Credit limit 2016-04-28T04:00:00Z In April, UK authorities froze export credit applications by Airbus. Serious Fraud Office opens Airbus corruption investigation - BBC News 2016-08-07T04:00:00Z The U.K.’s Serious Fraud Office is reviewing the issue, leading British, French and German export credit agencies to suspend financing support. Airbus Profit Falls 50% as Deliveries Lag Behind 2016-04-28T04:00:00Z Especially in the developing world, some countries require that exporters bidding for sales have backing from an export credit agency. A Single Senator Stymies the Export-Import Bank 2016-06-27T04:00:00Z European export credit agencies are issuing some credit notes, such as a recent Italian one for $5 billion. The over-promised land 2016-04-21T04:00:00Z No new export credit will be provided until the assessment is complete. France and Germany Suspend Backing for Airbus Export Credit Deals 2016-04-11T04:00:00Z Airbus Group declined to add to a previous statement that it was co-operating with export credit agencies and that it expected financing to be resumed in the near future. France, Germany halt Airbus export credit amid UK probe 2016-04-08T04:00:00Z General Electric decided to move some production overseas to use foreign export credit. Boeing CEO says sales at risk due to U.S. EXIM paralysis 2016-04-07T04:00:00Z Government-backed export credit agencies provide financing for some Airbus jetliner deals to help foster exports. Airbus Export Credit Misstep Referred to U.K. Serious Fraud Office 2016-04-04T04:00:00Z Cutting off export credits will also hinder business projects. New sanctions on North Korea imposed by the U.N. Security Council are the toughest in two decades 2016-03-03T05:00:00Z An Airbus spokesman said all three export credit agencies act in concert, so a suspension of support by one agency causes the others to do the same. France and Germany Suspend Backing for Airbus Export Credit Deals 2016-04-11T04:00:00Z "The problem is that deals financed with export credit are usually the tough-to-finance ones, so finding a commercial alternative is not always that simple," a market source said. France, Germany halt Airbus export credit amid UK probe 2016-04-08T04:00:00Z Britain's export credit agency said last week it was open to doing business in Iran, boosting the prospect of aircraft sales. Hurdles remain as Iran seeks aviation investment 2016-01-26T05:00:00Z Airbus said its access to export credit in Germany and France was unaffected. Airbus Export Credit Misstep Referred to U.K. Serious Fraud Office 2016-04-04T04:00:00Z Airbus and the plane maker’s government-owned export credit agencies will help finance the transaction, he said. Iran Eyes Boeing Planes to Modernize Aging Fleet 2016-01-24T05:00:00Z A decision on whether to rescind previously approved export credit backing hasn't yet been made, she said. France and Germany Suspend Backing for Airbus Export Credit Deals 2016-04-11T04:00:00Z A person responsible for overseeing some of the information supplied in export credit applications is no longer with the group, people familiar with the matter said. France, Germany halt Airbus export credit amid UK probe 2016-04-08T04:00:00Z The project’s three sources of funding — local banks, foreign banks and export credit agencies — dried up almost overnight. Indonesia, Already Squeezed, Braces for Higher Interest Rates 2015-12-21T05:00:00Z The monthslong impasse, he said, “certainly hurt a lot of small businesses,” and created opportunities for scores of countries with export credit agencies to promote their products. Ex-Im Bank Is Reopened, but Big Loans Are Stalled 2015-12-07T05:00:00Z The White House estimated yesterday that about 80 percent of coal technology in the current export credit agency pipeline would become ineligible for financing because of the agreement. U.S. Strikes Deal to Block Coal Plants Worldwide 2015-11-18T05:00:00Z The plan, seen by Reuters, would end most export credits except for the most efficient "ultra super critical" technology. EU to urge rich nations to cut coal subsidies: EU sources 2015-11-10T05:00:00Z The enthusiastic backing of Canada’s export credit agency, he said, was a “very important consideration” in deciding to locate a new factory there. Ex-Im Bank Dispute Threatens G.E. Factory That Obama Praised 2015-10-25T04:00:00Z The government also widened eligibility for micro loans and extended export credits to small and medium companies. Indonesia Tackles Wages in Latest Rules Package 2015-10-15T04:00:00Z The estimate was based on flows of public-sector climate funds reported to the U.N. climate change secretariat from rich to poor countries through bilateral agreements, multilateral institutions and export credits, and private-sector money. Rich countries two-thirds of way to $100 billion climate finance goal: report 2015-10-07T04:00:00Z “Either bid and make it in a country that has an export credit agency, or you’re not going to bid.” GE to Shift Jobs to Canada in Ex-Im Bank Protest 2015-09-28T04:00:00Z Japan and South Korea are the biggest users of coal export credits. EU to urge rich nations to cut coal subsidies: EU sources 2015-11-10T05:00:00Z G.E. says that in 27 countries, particularly those in the developing world, backing from an export credit agency is often a requirement on bid proposals to sell the industrial equipment G.E. makes. Ex-Im Bank Dispute Threatens G.E. Factory That Obama Praised 2015-10-25T04:00:00Z GE has said it is bidding on $11 billion worth of international projects that require export credit agency financing and has started talks with several foreign export credit agencies since EXIM's lending authority expired. With no U.S. trade loans, GE to build turboprop engines in Europe 2015-09-17T04:00:00Z Ex-Im financing, while it could still benefit from Hungary’s and China’s export credit agencies. General Electric to move 500 U.S. jobs abroad, blames Congress 2015-09-15T04:00:00Z GE said Tuesday it had signed agreements with France’s export credit agency for a line of credit on sales of power generation equipment. GE Move Rekindles Partisan Fight Over Ex-Im Bank Closure 2015-09-16T04:00:00Z Australia and South Korea, major users of coal export credits, signaled they were unlikely to back the compromise. EU to urge rich nations to cut coal subsidies: EU sources 2015-11-10T05:00:00Z With lawmakers yet to bring back the agency, Rice said, “We’ve got to start making some choices about where those products will be manufactured in order to qualify for export credit financing.” General Electric Is Moving 500 U.S. Jobs Overseas 2015-09-15T04:00:00Z Talks are underway with export credit agencies in those countries for financing and loan guarantees. With no U.S. trade loans, GE to build turboprop engines in Europe 2015-09-17T04:00:00Z The projects require financing, and the export credit agency in France has agreed to provide it. GE says it may move up to 500 jobs overseas 2015-09-15T04:00:00Z GE said Tuesday it would transfer the 500 jobs mainly to Europe over the next year to field competitive bids for turbines and other industrial equipment with financing from foreign export credit agencies. GE Move Rekindles Partisan Fight Over Ex-Im Bank Closure 2015-09-16T04:00:00Z The Export-Import Bank requires the vast majority of production and jobs for deals that it finances to be located in the U.S., and most other export credit agencies have similar requirements. General Electric Says to Move 500 U.S. Jobs Overseas Blaming Ex-Im Bank Closure 2015-09-15T04:00:00Z About 400 of the jobs are expected to be relocated to France under a new agreement with the country’s export credit agency. General Electric Is Moving 500 U.S. Jobs Overseas 2015-09-15T04:00:00Z The company is bidding on $11 billion worth of international power projects that require export credit agency financing, including some in Indonesia. GE to move U.S. jobs overseas in fight over export credits 2015-09-15T04:00:00Z It said it has reached agreement with the French export credit agency to provide a line of credit for global power projects. GE says it may move up to 500 jobs overseas 2015-09-15T04:00:00Z Most export credit agencies—including the Export-Import Bank—require that most production and jobs for deals they finance be located in their respective countries. GE Move Rekindles Partisan Fight Over Ex-Im Bank Closure 2015-09-16T04:00:00Z It said another 100 jobs would be moved next year from a facility outside Houston to Hungary and China to access export credit for customers of gas turbines used in aviation. General Electric Says to Move 500 U.S. Jobs Overseas Blaming Ex-Im Bank Closure 2015-09-15T04:00:00Z The satellite industry is far more reliant on export credit support than sectors such as commercial jets as most banks are reluctant to finance assets that are difficult to repossess or place with other customers. Boeing Loses Contract Over Ex-Im Bank Freeze 2015-08-22T04:00:00Z GE's Rice said he expects the company to soon announce deals with other foreign export credit agencies. GE to move U.S. jobs overseas in fight over export credits 2015-09-15T04:00:00Z The loans would be guaranteed by Italy’s state-run export credit company, which has estimated that removing sanctions could increase Italian exports to Iran by $3.3 billion by the end of 2018. While Congress argues over Iran, Europe rushes to do business there 2015-08-21T04:00:00Z A memorandum of understanding with Italy’s development ministry and export credit agency was signed. After nuclear deal with Iran, Europeans begin scramble for Persia 2015-08-05T04:00:00Z Executives say the company is bidding on $11 billion worth of projects, mostly in developing nations, and that bids won’t be entertained if they aren’t sponsored by an export credit agency. General Electric Says to Move 500 U.S. Jobs Overseas Blaming Ex-Im Bank Closure 2015-09-15T04:00:00Z Rice, who is based in Hong Kong, said GE is not moving to shift work and jobs overseas "just to make a point" to Congress, but to win contracts that require export credit agency support. GE may ship $10 billion in work overseas as U.S. trade bank languishes 2015-07-30T04:00:00Z McNerney told the Economic Club of Washington Thursday that might have to change, though, if it can no longer secure the export credit needed to make its pricing competitive. Boeing Says Ex-Im Bank Demise May Force It Offshore 2015-07-29T04:00:00Z "We are now forced to think about this differently," McNerney said in an interview hosted by the Economic Club of Washington, adding that Boeing may move some operations to countries that did offer export credits. Boeing says considering moving work overseas due to Ex-Im saga 2015-07-29T04:00:00Z The 81-year-old institution, commonly known as Ex-Im, acted as the export credit agency for the U.S. government and has been criticized for disproportionately supporting big business. Cruz dodges question on mysterious Trump meeting 2015-07-15T04:00:00Z GE said, for example, that countries where such export credit agency sponsorship is required have accounted for 80% of total sales of those aviation-related turbines over the past three years. General Electric Says to Move 500 U.S. Jobs Overseas Blaming Ex-Im Bank Closure 2015-09-15T04:00:00Z It already has capacity in place, and export credit agencies willing to support the work, he said. GE may ship $10 billion in work overseas as U.S. trade bank languishes 2015-07-30T04:00:00Z The option of moving key operations offshore, which Boeing says it is actively considering, would be aimed at setting up shop in a country where export credit facilities are available. Boeing Says Ex-Im Bank Demise May Force It Offshore 2015-07-29T04:00:00Z Most other nations have export credit agencies and some, especially China, are much more aggressive about selling abroad than the United States. U.S. Export-Import Bank Teetering on Edge 2015-07-05T04:00:00Z A majority of the House and Senate support the long-standing export credit program. South Carolina editorial roundup 2015-07-01T04:00:00Z They dismiss exporters' concerns that foreign competitors and aggressive export credit agencies will shove them aside. U.S. firms fear financing drought as deadline looms for trade bank 2015-06-24T04:00:00Z GE also is seeking financing from another country's export credit agency to save a $350 million locomotive deal with Angola that has lost access to Ex-Im support, Rice said. GE may ship $10 billion in work overseas as U.S. trade bank languishes 2015-07-30T04:00:00Z Comparison of international export credit agencies, like America’s Ex-Im Bank, for selected nations. Congressional Tea Party Vows to Destroy America's Export-Import Bank 2015-06-23T04:00:00Z The charter of the Ex-Im Bank, the U.S. government's export credit agency, will expire on June 30, blocking it from writing new loans and trade guarantees, unless Congress acts to reauthorize it. GE's Immelt: U.S. retreat from ExIm, trade will cost jobs, influence 2015-06-17T04:00:00Z The looming cutoff of money could compel Cameroon to turn to China, which has already made a competing $850 million bid complete with financing from Beijing’s export credit agency. Threat to U.S. Export-Import Bank Imperils a Water Project in Cameroon 2015-05-20T04:00:00Z The export credit agency's critics, mostly conservative Republicans, want Congress to allow Ex-Im's charter to expire on June 30. Exclusive: GE says to lose Angola locomotive deal if Ex-Im Bank closes 2015-05-19T04:00:00Z Conservatives on Capitol Hill are devaluing their brand by pursuing a wrong-headed campaign to kill America’s export credit agency. Five Ways Killing Ex-Im Bank Would Really Hurt America 2015-04-13T04:00:00Z Most other export credit agencies dwarf America’s Ex-Im Bank, which provided less than 4% of global trade finance, pathetic given that America’s GDP dwarfs that of all other nations. Congressional Tea Party Vows to Destroy America's Export-Import Bank 2015-06-23T04:00:00Z Mr. Ryan explicitly rejected the argument that without Ex-Im, foreign customers will turn to other countries, like Canada, Japan, China and France, that have their own export credit agencies. Boeing and Delta Spend Millions in Fight Over Export-Import Bank’s Existence 2015-04-06T04:00:00Z Commercial banks “aren’t willing to take the risk without an export credit agency. It’s almost contingent on getting to the table.” Threat to U.S. Export-Import Bank Imperils a Water Project in Cameroon 2015-05-20T04:00:00Z GE Chief Executive Jeff Immelt in a blog post this month said U.S. companies will lose deals to foreign rivals with export credit agency backing or shift production abroad. Exclusive: GE says to lose Angola locomotive deal if Ex-Im Bank closes 2015-05-19T04:00:00Z The Financial Times, Britain’s most respected newspaper, said as much a year ago, in an editorial entitled “Battle over export credit harms U.S.” Five Ways Killing Ex-Im Bank Would Really Hurt America 2015-04-13T04:00:00Z Earlier this year, a document seen by Reuters provided the closest yet to official figures on coal export credits. Rich nations' fossil fuel export funding dwarfs green spend: documents 2015-03-30T04:00:00Z The Chamber shot back this week with a rebuttal, arguing that if the bank fails, U.S. companies will lose ground to foreign companies backed by their own export credit agencies. Inside the big GOP fight over the influential Export-Import Bank 2015-03-27T04:00:00Z The U.S. government’s official export credit agency finances sales of American companies to foreign customers, increasing exports, stimulating output, and creating jobs. The Export-Import Bank's Hidden Tax On America's Companies 2015-03-17T04:00:00Z In many emerging markets, including the Angola tender, bidders are required to offer export credit agency financing, he said. Exclusive: GE says to lose Angola locomotive deal if Ex-Im Bank closes 2015-05-19T04:00:00Z However, he cautions that not reauthorizing the bank would be equivalent to “unilateral disarmament” without extracting any concessions on subsidy reductions from foreign export credit agencies. A Bilateral Strategy For Ex-Im Bank Reform 2015-03-16T04:00:00Z "There would seem to be a pressing need to issue coherent, complete and accurate figures on official export credit support that is relevant to climate change issues," the March 4 document says. Rich nations' fossil fuel export funding dwarfs green spend: documents 2015-03-30T04:00:00Z European and Chinese competitors have their own government-backed export credit agencies. Small-Business Leaders Wage Counteroffensive to Save Export-Import Bank 2015-03-09T04:00:00Z If Congress does not act by June 30, the sole U.S. export credit agency will cease functioning. Ex-Im Bank Death Would Devastate Thousands Of Small Businesses 2015-02-23T05:00:00Z Clients and supporters of the U.S. export credit agency will descend on Capitol Hill next week to urge lawmakers to keep the Export Import Bank open as critics ramp up efforts to shut it down. Lobbying on U.S. export credit agency ramps up among critics, backers 2015-02-18T05:00:00Z The primary challenge with ending Ex-Im subsidies is that other countries, through their own export credit agencies, will continue to subsidize the competitors of U.S. businesses that would be at a comparative disadvantage without subsidies. A Bilateral Strategy For Ex-Im Bank Reform 2015-03-16T04:00:00Z Of this, export credit preferential loans accounted for some $5 billion, with Germany, followed by France, being the biggest provider in Europe. Some coal plant exports should get financial aid: EU policy paper 2015-01-15T05:00:00Z France will eliminate export credits for energy projects in developing countries which involve coal, the most polluting fossil fuel, President Francois Hollande said on Thursday. France to stop credits for coal projects in developing countries 2014-11-27T05:00:00Z Brazil won a World Trade Organization arbitration finding in 2009 against the operation of the U.S. export credit guarantee program for all agricultural commodities and against two components of U.S. cotton policy. Cotton dispute resolved through less spending Beijing is considering a deal in which China promises to limit its export credits to Huawei, China's No. 2 telecoms equipment maker, and smaller ZTE, people close to the talks told Reuters. EU says hopes to resolve China telecoms dispute next week 2014-10-10T04:00:00Z A successful deal hangs on Beijing agreeing to change its practices on export credits. Exclusive: China, EU close to deal on telecoms trade dispute- sources 2014-10-08T04:00:00Z But the discussion paper drawn up by officials from the European Commission's trade department proposes that export credits, or preferential loans, continue for more-efficient technology. Some coal plant exports should get financial aid: EU policy paper 2015-01-15T05:00:00Z In return, the United States agreed to trim the modest U.S. cotton export credit subsidy program and, most important, to pay Brazil one last dollop of taxpayer cash, in the amount of $300 million. U.S.-Brazil cotton deal perpetuates an unhealthy status quo of subsidies Based on the arbitration findings, Brazil announced it would seek retaliation for annual damages of $682 million associated with export credit guarantees and $147.3 million associated with some U.S. cotton policies. Cotton dispute resolved through less spending "The concern is what happens in the next downturn. That's when the export credit agencies ... play a much larger role." Jobs may be at risk as fate of Export-Import Bank is debated 2014-09-06T04:00:00Z Major economies abide by rules set down by the Organization for Economic Co‑operation and Development that place limits on export credits. Exclusive: China, EU close to deal on telecoms trade dispute- sources 2014-10-08T04:00:00Z Boeing says that without Ex-Im Bank financing, airlines around the world would buy Airbus planes, usually with French or German export credit subsidies. Obama to business: tell your lawmakers to renew Ex-Im Bank 2014-08-23T04:00:00Z Reynolds was also severely criticised in an inquiry for his role in an export credit scheme undertaken when he was Haughey's minister for industry and commerce. Obituary: Albert Reynolds 2014-08-21T04:00:00Z In that bill, U.S. cotton policy was reformed, and the export credit guarantee program was altered. Cotton dispute resolved through less spending At $153.8 billion, authorizations from China’s export credit agency are more than five times as large as the U.S. Study: Competitors Already Outperforming the U.S. in Trade Financing 2014-07-29T04:00:00Z Similar export credit agencies exist to support exports in most western countries, including those in Europe. Behind the scenes at Farnborough, Boeing lobbies to save the Ex-Im Bank 2014-07-16T04:00:00Z Adding in untied aid, project finance and other surreptitious forms of export credit boosts the total to $111 billion, more than a third of the global total. Beggar-thy-neighbour banking 2014-07-03T04:00:00Z The Ex-Im Bank is an export credit agency that lubricates the US export market with capital and loan guarantees, as well as credit insurance. Battle to renew Export-Import Bank pits Democrats against divided GOP 2014-06-25T04:00:00Z Our country’s export credit agency is called the Export-Import Bank of the United States. New leader, new attack on exports 2014-06-24T04:00:00Z McCarthy told Fox News Sunday that he opposed reauthorizing the export credit agency’s charter because he felt the private sector could take care of it. House Majority Leader-Elect Puts Export-Import Bank In Jeopardy 2014-06-23T04:00:00Z In any case, he said, if Ex-Im goes away, rivals like Air India and Emirates will still get export credit financing from the European agencies. Behind the scenes at Farnborough, Boeing lobbies to save the Ex-Im Bank 2014-07-16T04:00:00Z Even if export credit is a subsidy, advocates say it is unavoidable. Beggar-thy-neighbour banking 2014-07-03T04:00:00Z The groups cite Brazil, China, France, Germany, and South Korea as nations that have committed far higher public sums to export credits than has the U.S. Republicans’ New Leaders Could Spell the End for the Export-Import Bank 2014-06-23T04:00:00Z And you certainly wouldn’t rely on an export credit agency to help promote American exports and create American jobs. New leader, new attack on exports 2014-06-24T04:00:00Z There are at least 59 other countries that have created government export credit agencies. House Majority Leader-Elect Puts Export-Import Bank In Jeopardy 2014-06-23T04:00:00Z Resolution 1803 passed on March 3, 2008, by a vote of 14 to 1. This resolution called on states to “exercise vigilance” when providing export credits, guarantees and insurance to Iranian entities. Obama’s claim that his administration ‘built a coalition that imposed sanctions on the Iranian economy’ But this is of limited use with export credits because the victim is neither the importer nor the exporter, but a third country whose exports are artificially suppressed. Beggar-thy-neighbour banking 2014-07-03T04:00:00Z The group also said the deal cleared the way for export credit agencies of its members to resume doing business with Argentina, which should ease making foreign investment in the country. Argentina reaches deal with Paris Club to clear $9.7 billion in debt 2014-05-29T04:00:00Z And there are big companies like Boeing that operate in a global industry where the assistance of an export credit agency is baked into the business model. New leader, new attack on exports 2014-06-24T04:00:00Z America’s biggest competitors in the world market offer similar government export credit programs — 59 countries in all. Editorial: Reauthorize Export-Import Bank for the sake of Boeing and other Northwest companies 2014-05-26T04:00:00Z The government has introduced new export initiatives, including a new export credit scheme. Confidence rises among export firms 2014-05-14T04:00:00Z Given these safeguards, many advocates say official export credit is not really a subsidy at all but simply compensation for a market failure. Beggar-thy-neighbour banking 2014-07-03T04:00:00Z Now, those export credits are returning to more normal levels as commercial banks return and new money pours into the $100 billion annual market for new jets. UPDATE 1-Airbus buys German lender to create company bank 2014-02-14T17:46:17Z The first bank official said the aim was to create a level playing field for U.S. exporters trying to compete with foreign firms that were backed by export credit agencies. U.S. trade bank launches operations in Myanmar 2014-02-06T16:51:15Z He said there were also complaints from British, French, German and Spanish airlines who are not able to access export credits like their rivals. Boeing sees export credits waning as aircraft funding source 2013-12-10T14:14:34Z U.S. airline pilots have said the huge growth is unfair, while some have called for curbs on the use of U.S. export credits to smooth the plane orders to foreign carriers. Gulf carriers' 15 minutes of jet order hysteria 2013-11-17T16:02:47Z The world would be better off without subsidised export credits. Beggar-thy-neighbour banking 2014-07-03T04:00:00Z "The whole system of subsidies is one of the major problems in our trade relationship," said De Gucht, referring in particular to Chinese export credits. China and Europe make up after averting trade war 2013-10-24T19:58:19Z Vietnam's first privately-owned airline said it would buy mostly A320 planes, financed by a planned stock market listing as well as loans from foreign banks backed by export credits. Vietnam's VietJet agrees bumper $9 billion Airbus order 2013-09-25T19:05:05Z Tea Party movement as one reason for the decline in popularity of export credits. Boeing sees export credits waning as aircraft funding source 2013-12-10T14:14:34Z A Roy Hill spokesman said talks were advancing with export credit agencies and commercial lenders being tapped for the remainder of the loans required. Exclusive: Australia's Rinehart clears hurdles on $10 billion iron ore project - sources 2013-07-18T09:55:21Z Delta itself benefits from export credits for smaller, Bombardier CRJ900s jets. Delta will wait for new planes to mature: CEO 2013-05-23T00:46:25Z In the interview, Anderson said he is not opposed to the Ex-Im Bank in general, or export credits for sales of smaller, narrow-body jets if the export credit system was reformed. Delta Airlines wants to stop Ex-Im bank help on big jets 2013-05-22T16:51:50Z The European Union also seeks an agreement on regulating export credits with China by 2014, and calls for better access for EU banks to China. Exclusive: EU says Chinese FTA possible, but wants market opening 2013-05-21T18:31:39Z His previous post was as chief executive of Canada's export credit agency. Bank of Canada names new governor 2013-05-02T21:36:47Z The export credit agencies also sought payment guarantees for ore purchase contracts by Chinese steel mills, said a banking source familiar with the talks. Exclusive: Australia's Rinehart clears hurdles on $10 billion iron ore project - sources 2013-07-18T09:55:21Z Daniel Reilly, Ex-Im's senior vice president for communications, said shutting down the bank "would amount to unilateral disarmament" because foreign export credit agencies will not stop their support their companies. Group steps up effort to shut down Export-Import bank 2013-04-16T18:33:53Z But he said it was wrong for the U.S. to decide that manufacturers such as Boeing are more deserving of export credits than airlines and other travel services companies. Delta Airlines wants to stop Ex-Im bank help on big jets 2013-05-22T16:51:50Z Still, some in the industry are worried that low interest rates and Western export credits are helping Asia's low-cost airlines flood the market with airplanes. Rusdi Kirana, typewriter salesman to airline supremo 2013-03-18T19:28:09Z The resolution also bans all countries from providing public financial support for trade deals, such as granting export credits, guarantees or insurance, if the assistance could contribute to the North’s nuclear or missile programs. Amid Threats, U.N. Approves North Korea Sanctions 2013-03-07T16:20:25Z Nonetheless, export credit agencies wanted extra financial guarantees from the shareholders in the event of Chinese steel mills breaking purchase agreements, according to the first banking source. Exclusive: Australia's Rinehart clears hurdles on $10 billion iron ore project - sources 2013-07-18T09:55:21Z "Telefonica continues to drive the use of diverse financing instruments, apart from bonds and loans, and to increase its financing deals with export credit agencies for financing equipment," the Madrid-based company said in a statement. Telefonica gets $1 billion credit line for Ericsson infrastructure 2013-03-05T12:50:28Z Ewan Lloyd-Baker, chief executive of Hayward Tyler, said it was encouraging that manufacturing and exports were back on the political agenda, and an export credit guarantee scheme was starting to reach small companies. Analysis: Long haul ahead for Britain's struggling economy 2013-03-03T09:46:26Z After graduating from Stanford University in California, Ibsen began her career in 1983 at a Norwegian bank and two years later joined the country's export credit agency, where she stayed until 2001. Norway's female boardroom pioneer rejects quotas for women 2013-01-24T21:00:20Z "On the debt side we will be approaching sovereign funds, export credit agencies, as well as banks." Analysis: Australian miners dig for precious new commodity cash 2012-11-11T19:02:46Z There will also be a new ban on short-term export credit trade guarantees. EU to impose new Iran sanctions 2012-10-15T09:43:31Z Government export credit agencies in Britain, Germany, France and South Korea are also helping to finance construction of the complex. US Eximbank OKs $5 billion loan for Saudi petrochemical site 2012-09-27T19:00:12Z Measures including faster payment of export rebates, expanded use of export credit insurance, and reduced inspections and fees will reduce pressure on companies and help support overseas shipments, Wen said. Wen Jiabao's Southern Tour For Growth 2012-08-27T12:56:40Z And U.S. and European export credit financing, which is said to have facilitated many of the battles, will get more expensive next year as a result of an international agreement. How plane giants descended into global "price war" 2012-07-07T22:05:01Z The United States and China recently launched export credit talks with the goal of reaching a deal by the end of 2014. "Wild West" export financing needs taming: Hochberg 2012-06-25T20:28:43Z However, European telecoms firms rely on smaller-scale export credits from government-backed bodies, emphasizing the blurred lines marking what is allowed under international rules and what is not. China's Huawei and ZTE deny getting illegal subsidy 2012-05-29T12:54:17Z The minister hopes the project will soon get back on track through funding from Ex-Im Bank – the official export credit agency of the U.S. Trouble in Paradise: How a Caribbean Experiment in Geothermal Went Awry 2012-02-07T00:35:37Z “However, we expect other financing sources — namely export credit agencies and the capital markets — to step up support to ensure that sufficient financing is available to meet increased customer demand.” U.S. exporters brace for cutbacks in European bank lending 2011-12-22T01:59:22Z Such a guarantee would allow bondholders to get paid by the export credit agency, which would then take up the matter with the importing airline's government. Boeing sees no aircraft financing gap in 2012 2011-12-07T01:01:27Z Examples include a $100 million loan by Canada's export credit agency to Colombian petroleum company Ecopetrol, "with the understanding that Canadian companies will get a first look in future investment and procurement decisions," Hochberg said. "Wild West" export financing needs taming: Hochberg 2012-06-25T20:28:43Z The airline is considering a variety of financing options, including export credit, Sheikh Ahmed said. Boeing Wins Record Order From Emirates With $28 Billion 777 Deal 2011-11-13T11:36:59Z Yet only about one percent of small businesses export, says Fred Hochberg, chairman and president of the Export-Import Bank of the U.S., the Nation's export credit agency, which provides loan guarantees and insurance for exporters. Thinking About Exporting Oversees? 2011-07-15T16:30:00Z The administration is looking at a mixture of direct aid, debt relief, and export credits to help stabilize Egypt's finances. Obama to Pledge New Mideast Aid 2011-05-18T00:18:57Z Johan Winlund, a spokesman for the state-run Swedish Export Credit Corp., the country’s sole provider of export credit at subsidized rates, said banking secrecy laws prohibited him from providing details on individual customers. Huawei’s $30 Billion China Credit Opens Doors in Brazil, Mexico 2011-04-25T00:09:02Z The carrier, which started flying in 1949, is expanding after signing a final debt agreement with European export credit agencies in December. Garuda Shares Tumble in Debut on Rising Fuel Outlook 2011-02-11T10:09:02Z The cost of buying planes is high in the absence of access to foreign banks and export credit agencies, so that Iran Aseman will be forced to pay for the A320s in cash, Khalili said. Iranian Carrier Seeks to Buy Used Airbus Jets as Sanctions Bite 2011-02-04T00:27:24Z Funding for “export credit and project financing” will also be hit, he said. Too-Big-To-Fail Regulations Vex Lenders, SocGen’s Oudea Says 2011-01-24T17:10:24Z According to the steelworkers' complaint, Sinosure, China's official export credit insurance agency, provided $1.25 billion in insurance for photovoltaic exports from China, covering nearly half of all Chinese exports of the product. Special Report: Is a solar trade war about to flare? 2011-01-17T12:39:23Z The union said export credits, preferences in bidding, forced transfers of technology and discrimination against firms outside the country give Chinese producers of renewable-energy products an unfair advantage. Companies Back Obama's China Complaint 2010-12-23T05:09:01Z Throw in a few export credits and some funding via the existing carbon markets, stir the mixture, and secure an investment-grade rating. How to Get Private Financing for Green Projects 2010-11-24T19:46:00Z This year, export credit agencies in the United States and Europe are expected to guarantee more than $15 billion in civil aviation loans, about the same as in 2009. Aviation World at Odds Over Plane Loans 2010-10-19T00:20:00Z "It is a distortion of commercial markets to use official export credits to enable aircraft sales to creditworthy borrowers merely because conditions in commercial markets are relatively unfavorable," the airlines said. Airlines want 20 percent export financing cap 2010-10-13T14:45:00Z Those outfits haven't yet landed big contracts in Europe or the U.S., but armed with export credits that the West is hard-pressed to match, they're making inroads into emerging markets. The Perils of Protectionism 2010-10-07T18:58:00Z World trade officials say export credits -- effectively discounted loans -- do not necessarily contravene trade rules. U.S., Europe airlines cry foul over export loans 2010-10-07T13:12:00Z These avenues include secured and unsecured debt markets, bank lines, export credit agencies and asset sales, executives said at a panel discussion, moderated by veteran investment banker Marshall Sonenshine. Aircraft lessors take financing lesson from crisis 2010-10-05T20:23:00Z The export credit agencies “did a great job in 2009, when banks were unable to fulfill their role,” said Christian McCormick, chief executive of Natixis Transport Finance in Paris. Aviation World at Odds Over Plane Loans 2010-10-19T00:20:00Z Emirates airline president Tim Clark on Tuesday defended the use of export credits and denied the airline received subsidies either from exporter funding schemes or locally. Airlines want 20 percent export financing cap 2010-10-13T14:45:00Z All trade supports, notably export credit guarantees, are to be banned, and insurance contracts will be prohibited when covering a two-year period or longer. EU to impose tougher sanctions on Iran 2010-07-23T12:53:00Z Analysts say a key factor affecting Airbus and Boeing is the extent to which these export credits will be available as governments look for savings in their budgets. U.S., Europe airlines cry foul over export loans 2010-10-07T13:12:00Z Now, “they have to pay within 360 days,” said Ruth Bartonek, a spokeswoman for Euler Hermes, the agency that manages the German government’s export credit guarantees. 2010-02-03T12:04:00Z They also want export credit to be provided on less favorable terms than commercial bank loans. Aviation World at Odds Over Plane Loans 2010-10-19T00:20:00Z Beijing raised tax rebates on exports several times in 2009, increased tax refunds and improved export credit insurance. 2010-01-10T10:05:00Z Beijing raised value added tax rebates on exports several times in 2009, increased tax refunds and improved export credit insurance. 2010-01-10T08:10:00Z Considering the question from the standpoint of New York, import credits are so much more important than export credits and issued in so much larger volume, they will be taken up first. Elements of Foreign Exchange A Foreign Exchange Primer A new export expansion program was launched in 1960, inaugurating improvement of export credit insurance and broadening research and information programs to awaken Americans to business opportunities overseas. State of the Union Address |
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