Ex-Im Bank Chairman Promoting Financing for U.S. Exports to Brazil
July 31, 2009Export-Import Bank of the United States (Ex-Im Bank) Chairman and President Fred P. Hochberg and senior Ex-Im Bank officials are conducting a business-development mission in Brazil from July 29 to July 31, 2009, to promote the availability of financing from Ex-Im Bank to support Brazil’s purchases of U.S. goods and services.
Hochberg and other senior Ex-Im Bank staff are meeting with officials of the Brazilian government, bankers, and business leaders in key industries, including oil and gas, mining, agribusiness, and renewable energy. Also participating are Ex-Im Bank’s Senior Vice President and Chief of Staff Kevin Varney and Export Finance Senior Vice President John McAdams.
“I chose Brazil as my first international destination for good reason: Brazil is a powerhouse among South American economies and offers tremendous opportunities for U.S. exporters in many sectors. I want Brazilians to know that Ex-Im Bank has the will and the capacity to finance their purchases of U.S. equipment, products and services,” said Chairman Hochberg.
On the afternoon of July 29, the Ex-Im Bank delegation met with Rio de Janeiro (state) Governor Sérgio Cabral and Rio de Janeiro (city) Mayor Eduardo Paes. Ex-Im Bank’s senior business development officer for Latin America, Xiomara Creque, will travel to Recife to present Ex-Im Bank products to representatives of the governments and companies of nine northeastern Brazilian states: Alagoas, Bahia, Ceará, Maranhão, Paraíba, Pernambuco, Piauí, Rio Grande do Norte and Sergipe in meetings held at the American Chamber of Commerce in Recife on August 3-4, with possible meetings on August 5. She will be discussing several commercial projects in energy, port-development and infrastructure, among others.
