Ex-Im Bank, Japan Bank Sign Co-Financing Agreement for Exports
Officials from the Export-Import Bank of the U.S. and the Japan Bank for International Cooperation signed a co-financing agreement to facilitate export transactions involving companies in both the U.S. and Japan, Ex-Im said. It said the two nations’ export credit…
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agencies will provide a one-stop-shop financing package, creating administrative efficiencies for foreign buyers. “This arrangement paves the way for Ex-Im Bank and JBIC to co-finance projects, enabling exporters in both the U.S. and Japan to select the best mix of price and technology to strengthen their overseas bids and support jobs,” said Ex-Im Bank Chairman Fred Hochberg.