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EXIM Announces Board Meeting Via Teleconferencing

…To Discuss Continued Implementation Of Reform Efforts

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By Emmanuel Oluebube(Correspondent, UK)

The Export-Import Bank of the United States (EXIM) has announced its Board of Directors will hold an open meeting on Thursday, May 21, 2020, via teleconference to address proposed reforms on additionality and economic impact and to hear an update from the Office of Small Business.

“EXIM is committed to increased transparency and implementing new reforms as we fulfill our congressionally mandated mission of supporting American jobs by facilitating US exports, while protecting the taxpayer,” said EXIM President and Chairman Kimberly A. Reed.

EXIM is in the process of reviewing its economic impact procedures and proposed guidelines for determining “additionality.” In addition to posting this announcement on the EXIM website, the agency submitted a notice to the Federal Register.

Underscoring EXIM’s commitment to transparency, the meeting will be open to public observation by teleconference. Members of the public who wish to attend the meeting should email Joyce Stone in the Office of the General Counsel. Individuals will be given call-in information upon notice of attendance to EXIM.

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