Export-Import Bank of the United States Open for New Business Again | White & Case LLP International Law Firm, Global Law Practice
Export-Import Bank of the United States Open for New Business Again

Export-Import Bank of the United States Open for New Business Again

On December 4, 2015 President Obama signed legislation reauthorizing the charter of the Export-Import Bank of the United States ("US Ex-Im Bank") through 2019. The reauthorization is part of a 5 year, US$305 billion transportation funding approved by both houses of the US Congress. As a result, US Ex-Im Bank will begin doing new business again, ending for now a long and well-publicized debate about the future of the US’s official export credit agency.

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