Ex-Im Bank Annual Conference Highlights U.S. Jobs Created Through Exporting
WASHINGTON, April 5, 2013
Vice President Joe Biden provides keynote remarks
WASHINGTON, April 5, 2013 /PRNewswire-USNewswire/ --The Export-Import Bank of
the United States concluded its 38th Annual Conference in Washington, D.C on
Friday with a keynote address from Vice President Joe Biden. The Vice
President, who was introduced by small business owner Jenny Fulton, spoke at
length about how exports are critical to maintaining a robust economy and
sustaining U.S. job creation and growth.
On Thursday, Ex-Im Bank Chairman Fred P. Hochberg kicked off the conference by
highlighting the more than 255,000 America jobs that were sustained by the
Bank's record-breaking $38.5 billion in financing last fiscal year.
"By growing sales through exports, there are 255,000 families that are
supported by good, middle class jobs," said Chairman Hochberg. "Our goal at
Ex-Im Bank is to ensure that more small- and medium-sized American businesses
export, which will keep our economy moving and fuel job creation and growth."
The conference was held April 4 and 5, and more than 1,200 participants from
40 countries were in attendance. Speakers also included Transportation
Secretary Ray LaHood, former National Security Advisor General James Jones,
Xerox Corporation CEO Ursula Burns, WPP Group CEO Sir Martin Sorrell, and
Citibank Chairman Michael O'Neill. A full listing of speakers, panelists, and
moderators, including photos, is available on Ex-Im's website: www.exim.gov.
Video of the main plenary session speakers and panels will be available on
the same site soon.
About Ex-Im Bank:
Ex-Im Bank is an independent federal agency that helps create and maintain
U.S. jobs by filling gaps in private export financing at no cost to American
taxpayers. In the past five years (from Fiscal Year 2008), Ex-Im Bank has
earned for U.S. taxpayers nearly $1.6 billion above the cost of operations.
The Bank provides a variety of financing mechanisms, including working capital
guarantees, export-credit insurance and financing to help foreign buyers
purchase U.S. goods and services. Ex-Im Bank's total authorizations are
supporting an estimated $50 billion in U.S. export sales.
SOURCE Export-Import Bank of the United States
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