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Ex-Im Bank Considers Financing U.S. Exports to Aid Fertilizer Production in Morocco

Thursday, June 12, 2014
Sandler, Travis & Rosenberg Trade Report

The Export-Import Bank of the United States is accepting comments through June 26 on an application for a $100 million guarantee to support the export of up to $117.6 million in U.S. equipment and services for fertilizer production in Morocco. The exports will support the Moroccan producer’s long-term modernization plans, which include an expansion of production capacity at four diammonium phosphate fertilizer processing plants by a total of four million metric tons per year. The new foreign production will be sold globally.

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