Industry reps suggest Ex-Im Bank reassess approach to risk in space tech sector

摘要

Space technology industry executives last week told Export-Import Bank officials the agency should review its treatment of risk in their sector to allow for more flexibility when deciding whether to provide financing. In May the bank began holding teleconferences with representatives of high-tech sectors to solicit feedback on how it can better support businesses and increase U.S. competitiveness against China. The teleconferences are part of the "Strengthening American Competitiveness" initiative, which is meant to inform the bank's Program on China and Transformational Exports - an effort mandated by Congress in a bill passed in December to reauthorize the bank. The July 9 teleconference, the fifth so far, featured space technology industry representatives.