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March
Remarks by President Obama at the Export-Import Bank's Annual Conference at the Omni Shoreham Hotel, Washington, DC. Source: www.whitehouse.gov
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The Export-Import Bank of the United States has named two new senior vice presidents for congressional affairs and small business.
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President Obama is confirmed to address US Ex-Im’s annual conference underlining the administration’s commitment to create jobs through exports.
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Canadian ECA, Export Development Canada, is set to invest in XPV Water Fund, a Canadian venture capital fund focused on the water sector.
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Export Development Canada is providing a $48 million loan to Russia’s Gazprombank to finance the purchase of equipment to capture and process flared gas.
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Sapphire Energy has hired former US Export-Import Bank and TARP executive James Lambright to drive its international expansion efforts.
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Australian export credit agency EFIC is underwriting a performance bond enabling Park Assist to fulfil a contract in Seattle.
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Results from the Audience Response System sponsored by BBVA at the 12th Annual Structured Trade & Export Finance in the Americas Conference.
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US Ex-Im and Hexim have agreed to co-guarantee the sale of a gas turbine generator from GE Energy to a power plant located in Povazska Bystrica, Slovakia.
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February
The EBRD has sold its minority stake in Centerra Gold, the Canadian-based gold mining and exploration company, operating primarily in the Kyrgyz Republic and Mongolia.
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US Ex-Im and Banobras have signed a memorandum to support up to $1 billion in US exports to back Mexico’s infrastructure development programme.
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Country Risk Solutions founder Daniel Wagner has joined PFC Global Risk.
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A Mexican national has been indicted and arrested in connection with an alleged scheme to defraud US Ex-Im.
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Procurement specialist Ariba has appointed Peter Lugli as its senior director, working capital management and business development.
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US Ex-Im has approved ten members to its sub-Saharan Africa Advisory Committee.
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The heads of the USTR, Department of Commerce and SBA are all scheduled to speak at the US Ex-Im annual conference.
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UPS is to play a crucial role in the NEI, encouraging US SME exporters to take their products to more international markets through a partnership with the US Commercial Service.
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PDVSA subsidiary Citgo Petroleum has amended a 2005 dual tranche revolving credit B-loan arranged by bookrunners BNP Paribas and JPMorgan.
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Angel Gurría, secretary-general of the OECD, will deliver a keynote address at the Export-Import Bank of the United States (US Ex-Im) 2010 Annual Conference.
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NGC (New Generation Computing) has released its new streamlined vendor payment automation software.
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Zurich has named Daniel Riordan president of its North America Commercial Specialties unit.
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JPMorgan has acquired RBS Sempra Commodities' global assets leaving just the firm’s North American natural gas and power business.
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GE CEO Jeff Immelt and Caterpillar CEO Jim Owens are the opening speakers at the US Ex-Im Bank annual conference 2010 on March 11-12 In Washington, D.C.
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With US government attention focused on expanding exports, the role of the Export-Import Bank of the United States (US Ex-Im) has never been more important. Oliver O’Connell reviews how this is changing the export finance market.
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Export Development Canada employees have raised funds for disaster relief in Haiti with EDC and the Canadian Government matching donations.
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Alexander R.Malaket explores the state of trade and trade finance in Mexico at a time when the country’s two Nafta partners are each dealing in their own way with the consequences of the crisis.
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Vancouver’s Augusta Resource Corporation has signed a gold and silver streaming deal with Silver Wheaton Corporation to help fund its Rosemont Copper Project.
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Dubai Aerospace Enterprise is the latest organisation to price a US Ex-Im bond for the purchase of aircraft.
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Export Development Canada has announced the appointment of Dr. Olaf Weber as the first EDC Chair at the School of Environment, Enterprise and Development.
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A group of investors led by Bain Capital Ventures has completed a third round of investment for The Receivables Exchange, the online marketplace for the trading of accounts receivables.
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Finacity Corporation, together with Norddeutsche Landesbank Girozentrale, has facilitated a European trade receivables securitisation for CHC Helicopter.
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Canadian export credit agency, EDC, has provided a loan to Chilean mining company Minera Los Pelambres.
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Bibby Financial Services, has provided a factoring facility to support a Canadian company that imports precision scales and weighing instruments from China.
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NFTC, CEE and USCIB welcome the announcement of the details of the National Export Initiative by Commerce Secretary Gary Locke.
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Secretary of Commerce Gary Locke has announced that US Ex-Im is to play a vital role in President Obama’s National Export Initiative - details.
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Full text of the Commerce Secretary Gary Locke's announcement of the details of the National Exports Initiative.
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Comerica Bank selects CGI for global trade and supply chain services processing.
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The Economic Development Investment Fund has joined the Export-Import Bank of the United States to increase support for Floridian exporters.
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The US 2011 budget request for the International Trade Administration is its largest ever and includes additional funds to support export promotion.
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GE Capital is now the exclusive provider of financing for Yamaha Motor Canada’s dealer inventory finance programme.
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The Export-Import Bank of the United States has named seven new members, and nine returning members, to the bank's Advisory Committee for 2010.
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January
Sonic Automotive has entered into supplier financing agreement with a group of automotive manufacturers.
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The National Foreign Trade Council has welcomed President Obama’s commitment to expanding export opportunities and strengthening trade ties.
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The Export-Import Bank of the United States has authorised a record amount of loans during the first quarter of 2010 tripling the amount authorised in the same period of 2009.
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US Agriculture Secretary Tom Vilsack has announced the allocation of million of dollars to promote US food and agricultural exports.
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USTR Ambassador Kirk designates assistant United States Trade Representative (AUSTR) for small business, market access, and industrial competitiveness.
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TARP chief operating officer, and former US Ex-Im officer joins DC office of law firm Cozen O’Connor.
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Colombian buyers and US exporters to benefit from $1 billion US Ex-Im preliminary commitment to Colombia’s Ecopetrol.
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Two trade bodies, the Bankers’ Association for Finance and Trade (BAFT) and the International Financial Services Association (IFSA), have now merged.
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Silicon Valley Bank has surpassed its own record by growing US Ex-Im working capital loan commitments by 74% in 2009.
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The Pakistan government is considering a short-term, low-cost trade liquidity facility for Pakistani traders form US Ex-Im.
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Insurance broker Marsh has appointed Julian Macey-Dare as international leader of its political risk and structured credit practice.
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Bibby Financial Services has provided a receivables-backed financing deal for a Canadian transport firm..
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Change in status further opens up three new markets for US exporters.