By Emmanuel Oluebube, Correspondent UK
Export-Import Bank of the United States (EXIM) President and Chairman Kimberly A. Reed June 18me hosted a teleconference roundtable discussion with more than 100 business leaders and stakeholders in the water treatment and sanitation sectors.
The event was the fourth teleconference in EXIM’s “Strengthening American Competitiveness” initiative, which provides valuable stakeholder input to EXIM’s new Programme on China and Transformational Exports.
On the call, Chairman Reed highlighted how EXIM’s partnership with the private sector can support and accelerate the success of American companies in this key sector that faces stiff international competition.
“The largest need for clean water and proper sanitation exists in emerging markets where commercial lenders are often wary of assuming associated financial risk,” said Chairman Reed. “Clean water can be transformative, improving the health, environment, and economy in communities around the world. EXIM is committed to US businesses and workers in this critical industry, supporting U.S. innovation, employment, and technological standards, and ensuring high-quality ‘Made in the U.S.A.’ goods and services reach their global destinations.”
According to Senior Vice President for the Programme on China and Transformational Exports, David Trulio “We are excited to build on our past work with companies in the field of water treatment and sanitation. The benefits these exporters bring to local communities help create a virtuous cycle, where healthier and more prosperous countries are enabled to be even closer trading partners with the United States.”
Also giving remarks in the roundtable discussion were:
- Executive Director, Water and Wastewater Equipment Manufacturers Association, Vanessa M. Leiby
- President, BioMicrobics, Inc, Robert J. Rebori.
- Vice President, International Development; ECC, Richard A. Ebel
- Corporate Treasurer, Evoqua Water Technologies, Ariel Kuperminc
- Vice President for Products and Strategy, Evoqua Water Technologies, Amit Gupta
- President and CEO, Aquatech International, Venkee Sharma
- Sr Vice President, Aquatech International, Jim Matharu
- Vice President, Tetra Tech Dr. Tham Saravanapavan, P.E.,
“Having access to export financing helps our company clean the water in our world and produce simple, low cost, and robust technologies. EXIM is an important tool for U.S. companies in our sector to create and retain jobs, both directly and indirectly,” said President of BioMicrobics, Inc, Robert Rebori. “We’re working toward better water, and a better world.”
The Programme on China and Transformational Exports, established in EXIM’s historic seven-year reauthorization, directs EXIM to provide financial products to directly neutralize export subsidies offered by the People’s Republic of China, helping to ensure a level playing field for US businesses and workers as they compete globally. The programme has the aim of advancing the comparative leadership of the United States and supporting US innovation, employment, and technological standards globally in ten transformational export industries.