Ex-Im Bank Adds Bilingual Web Page Portal for Mexico

Mexican companies seeking financing to purchase U.S. goods and services can now access information on the financial products of the Export-Import Bank of the United States (Ex-Im Bank) directly from a new Mexico portal that has been added to the agencys Web site at http://www.exim.gov/mexico/index-es.html. The Mexico portal is the first of several country-specific, bilingual Web portals that Ex-Im Bank will add to its Web site to assist foreign buyers and U.S. exporters in emerging markets. A Spanish version of Ex-Im Banks entire Web site will be available later this summer. Ex-Im Banks Mexico Web portal, also useful for U.S. companies seeking to export to Mexico, provides information in both Spanish and English on all of Ex-Im Banks financial products: export credit insurance, loan guarantees, direct loans, and structured and project finance. The portal also describes Ex-Im Banks foreign currency agreement with Mexicos largest development bank, Nacional Financiera (NAFIN), which allows NAFIN to offer peso- denominated loans guaranteed by Ex-Im Bank to Mexican small and medium-sized enterprises buying U.S. exports. The portal also provides contact information for Ex-Im Banks business development officer for Mexico, Xiomara Creque, as well as the names and contact information for U.S. Commercial Service staff in Mexico City, Monterrey and Guadalajara. Ex-Im Bank, the official export credit agency of the United States, is in its 70th 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 2003, Ex-Im Bank authorized $1.6 billion in financing to support U.S. exports to Mexico. Ex-Im Bank supported $14.3 billion of U.S. exports worldwide in FY 2003. For more information, visit http://www.exim.gov/.