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JANUARY 31, 2005 EX-IM BANK 2005 ADVISORY COMMITTEE HOLDS FIRST MEETING, WASHINGTON, D.C. - The Export Import Bank of the United States (Ex-Im Bank) held the first meeting of its 2005 Advisory Committee today with a focus on building stronger alliances with the private sector to promote U.S. exports. "There are many companies that have not used our products, which can benefit from our export financing," Ex-Im Bank Chairman Philip Merrill said. "I am very much interested in - and committed to - meeting their needs and developing a partnership with these companies. I look forward to the committee's discussions and recommendations on how to augment our relationships with America's businesses." Now in its 22nd year, the Congressionally-mandated Advisory Committee helps Ex-Im Bank review policies and programs by providing input from various sectors of the economy. This year's Committee has four new members and 11 returning members. The Committee holds quarterly meetings to examine Ex-Im Bank's programs and make recommendations for enhancing service and value. Meetings are tentatively scheduled for May 31 and Sept. 27. The members of the fiscal 2005 Committee and the sectors they represent are as follows (starred names indicate new members): CHAIRMAN - STEPHEN G. CANTON *SUSAN AU ALLEN *DANIEL W. CHRISTMAN VALENTINO GALLO KAREN P. GIBBS HARRY G. HAYMAN, III OWEN E. HERRNSTADT THEA LEE *LINUS B. LOSH MARGARITA A. MORALES-PEREZ LINO J. PIEDRA LT. GOVERNOR MICHAEL S. STEELE MICHAEL W. STODDARD DANIEL H. WALTERS *JAMES F. WILFONG Ex-Im Bank this year marks its 71st year of helping finance the sale of U.S. exports, primarily to emerging markets throughout the world, by providing loan guarantees, export credit insurance, and direct loans. In fiscal year 2004, Ex-Im Bank, an independent federal agency, authorized financing to support approximately $17.8 billion in U.S. exports worldwide, a 25% jump from a year earlier. For more information on Ex-Im Bank visit http://www.exim.gov . To receive news and information directly from Ex-Im Bank via e-mail, sign up at http://www.exim.gov/lists/subscribe.cfm . |
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