Ex-Im Bank, JBIC to Cooperate on US, Japanese Export Sales
Created by HButler on 10/31/2012 3:28:13 PM
Officials from the Export-Import Bank of the United States and the Japan Bank for International Cooperation have signed a co-financing agreement to facilitate future export transactions involving companies in the U.S. and Japan.
The agreement allows the banks to provide “one-stop-shop” export finance services, provided by the two nations’ export credit agencies, to buyers in third countries purchasing both U.S. and Japanese goods and services, providing administrative efficiencies for foreign buyers.
Fumio Hoshi, JBIC chief operating officer and senior managing director, representing Hiroshi Okuda, JBIC governor, and James C. Cruse, Ex-Im senior vice president for policy, representing Fred. P. Hochberg, Ex-Im bank chairman and president, signed the agreement at Ex-Im’s headquarters in Washington, D.C.
- The Journal of Commerce.
