For additional questions or information, please contact Ex-Im Bank Business Development Staff Ms. Xiomara Creque Director – Latin America Xiomara.Creque@exim.gov 1-202-565-3477 Other Contacts: US Commercial Service Office in Brazil English Language Website http://www.focusbrazil.org.br Em Portugese http://www.focusbrazil.org.br/ Belo Horizonte Staff Brasilia Staff Recife Staff Rio de Janeiro Staff São Paulo Staff https://www.focusbrazil.org.br Embassy of the United States in Brazil http://brasilia.usembassy.gov/ Embassy of Brazil in the United States http://www.brasilemb.org/

Export-Import Bank Support for U.S. Exports to Brazil

“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.” – Fred Hochberg, Chairman, Export-Import Bank of the U.S.

Brazil is an industrial power and economic giant, with a combined geographic size, population, and economy comparable only to the US and China. The country has immense natural resources, a strong industrial development base, and a stable political structure. Import growth is expected to increase due to strong domestic demand and more government spending on infrastructure projects. In addition, several enhanced facilities are already in place to make financing easier to obtain and support US exports to Brazil. Ex-Im Bank has signed a framework agreement with the Brazilian development bank, Banco Nacional de Desenvolvimento Econômico e Social (BNDES), to seek opportunities for jointly promoting investments and projects in Brazil that will benefit U.S. exporters and Brazilian companies. Also, US Ex-Im Bank approved a $2 billion preliminary commitment to encourage purchases of U.S. goods and services by Petrobras, Brazil's national oil company. Petrobras anticipates that it will invest $174 billion in development over the next five years. Ex-Im Bank Announces $1 Billion in Financing for Rio State - March 22, 2011 Ex-Im Bank $1 Billion Preliminary Commitment (PC) for the State of Rio de Janeiro, Brazil - Frequently Asked Questions

Success Stories

1. State of Tocantins: Holland L.P., a small-business manufacturer of railroad equipment based in Crete, Illinois, sold two complete in-track welding systems to Concrenor Indústria e Comércio Ltda. The transaction was supported with a $1.7 million medium-term loan guarantee from the Export-Import Bank of the United States (Ex-Im Bank).
    
2. Rio de Janeiro: Ex-Im Bank approved a final commitment for a $2.2 million medium-term guarantee to support the export by Anderson International Corp., Cleveland, OH, and Consolidated Baling Machine Co., Jacksonville, FL, of rubber and petrochemical manufacturing equipment to Brazil. The buyer, Petroflex Industria E Comercio S.A. in Rio de Janeiro, will use the equipment for plant expansion and technology upgrades.
    
3. Minas Gerais: Lider Aviação of Belo Horizonte, purchased six S-76C++ helicopters and spare parts from Sikorsky Aircraft Corporation of Stratford, Connecticut. Ex-Im Bank supported the sale with a $41 million seven-year direct loan to Lider Aviação, a leading provider of offshore helicopter services in Brazil
    
4. Campos Basin: Using equipment provided by Petreco International Inc. and National Tank Co., both of Houston, Texas, and numerous other U.S. suppliers, Petrobras built a P-52 semi-submersible floating platform to be stationed in the Roncador Oil Field, located 80 miles off Brazil's coast in the Campos Basin. The transaction was supported by a $39 million loan guarantee from Ex-Im Bank.
    
5. Santos Basin: Ex-Im Bank has issued a preliminary commitment of $2 billion to Petrobras, Brazil’s national oil company. Petrobras may use U.S. goods and services financed under the commitment to develop its offshore oil and gas reserves, particularly the large pre-salt reserves in the Santos Basin, and also to develop and upgrade its refining and distribution infrastructure. Petrobras anticipates that it will invest $174 billion in development over the next five years.