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Ex-Im Bank Asked to Finance Exports of Power Plant Equipment to Saudi Arabia

Friday, November 15, 2013
Sandler, Travis & Rosenberg Trade Report

The Export-Import Bank of the United States has received an application for final commitment for a long-term loan or financial guarantee to support the export of U.S.-manufactured turbines and turbine generator sets to Saudi Arabia to construct power plants to produce reliable electricity and steam. To the extent that Ex-Im Bank is reasonably aware, this equipment is not being exported to produce exports or provide services in competition with the exportation of goods or provision of services by a U.S. industry. Comments on this application are due no later than Dec. 10.

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