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Export-Import Bank: Financing Requirements and Restrictions (CRS Report for Congress)

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Release Date July 21, 2003
Report Number RL32007
Report Type Report
Authors James K. Jackson, Foreign Affairs, Defense, and Trade Division
Source Agency Congressional Research Service
Summary:

The Export-Import Bank is an independent U.S. government agency that is charged with financing and promoting exports of U.S. goods and services. The Bank operates under a renewable charter, the Export-Import Bank Act of 1945, as amended, and has been authorized through September 30, 2006. Congress has amended the Bank's charter at times to meet various objectives, primarily U.S. foreign policy and international economic goals. These amendments restrict the Bank's activities relative to particular types of economic activities or have acted to advance other U.S. goals and objectives, such as improving workers' rights, protecting the environment, or protecting U.S. jobs.