Readout from EXIM Chairman Kimberly Reed’s Participation in the Annual G7 Heads of Export Credit Agencies Meeting

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Readout from EXIM Chairman Kimberly Reed’s Participation in the Annual G7 Heads of Export Credit Agencies Meeting

Paris, France – Kimberly A. Reed, president and chairman of the Export-Import Bank of the United States (EXIM), today participated in the annual G7 Heads of Export Credit Agencies (ECAs) Meeting, which was hosted by the French at the French Ministry of Finance and Economy in Paris. There she met with her counterparts from Canada, France, Germany, Italy, Japan, and the United Kingdom.

Also participating was James C. Cruse, EXIM senior vice president for Policy Analysis and International Relations.

The discussions focused on how to best respond to the challenges all ECAs face as each individually pursues its institutional mandates in a world of increasingly rapid and broad change in elements such as the number and type of export finance participants, banking regulations, and societal priorities.

Chairman Reed also provided a status update on the U.S. Congressional reauthorization of EXIM, which currently is set to expire on December 20, 2019, unless Congress passes legislation that is signed into law.

Chairman Reed looks forward to continuing the ECA discussion from a broader perspective as the United States is scheduled to host the annual G12 Heads of Export Credit Agencies Meeting in Washington, D.C., in May 2020.

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