…As Economic Effect Of COVID-19 Tops Agenda
By Emmanuel Oluebube, Correspondent UK
President and Chairman of the Export-Import Bank of the United States (EXIM) Kimberly A. Reed met Monday via teleconference with Kevin Peter Turnquest, Deputy Prime Minister and Minister of Finance of the Bahamas. The two discussed the economic impact of the COVID-19 global pandemic, potential collaboration opportunities, and EXIM’s recent Congressional reauthorization.
On the call, Chairman Reed and Minister Turnquest discussed how EXIM’s products can support the export of US goods and services to the Bahamas. Chairman Reed also highlighted EXIM’s historic seven-year Congressional reauthorization, which directs EXIM to establish a new Programmme on China and Transformational Exports. The programme is intended to help level the playing field for US exporters and workers by directly neutralizing export subsidies for competing goods and services offered by the People’s Republic of China. The programme also focuses on supporting US innovation, employment, and technological standards globally in ten transformational export industries.
