EX-IM BANK APPROVES $2.2 BILLION FACILITY TO SUPPORT U.S. DOLLAR-DENOMINATED EXP
[2008-12-23 16:55:04]
India's Ministry of Finance has estimated that more than $500 billion will be needed to finance development of India's infrastructure. To facilitate financing for U.S. exports for Indian projects, Ex-Im Bank has been working to establish partnerships with business, government and financial institutions in India. In October 2007, Ex-Im Bank Chairman Lambright participated with U.S. Treasury Secretary Henry Paulson in the U.S.-India CEO Forum Infrastructure Investment Conference in Mumbai. Last month, Ex-Im Bank Board Member Diane Farrell and staff conducted business development meetings, focusing on small and medium-sized enterprises, with officials in Hyderbad, Pune, Mumbai and New Dehli.
Source: Export-Import Bank of the United States
Keywords:guarantee
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