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Ex-Im Bank Finances Exports of Farm Equipment to China

Thursday, July 11, 2013
Sandler, Travis & Rosenberg Trade Report

The Export-Import Bank of the United States announced July 10 two comprehensive guarantees of two loans totaling $55.6 million to support the export of U.S. aircraft and agricultural machinery to China. Included in the sale are four sprayers, 10 tractors, 70 combines, four helicopters and 26 crop dusters, which will be used by a state-owned company on its farms in northeastern China. The Bank estimates that its financing will support approximately 400 jobs across the United States.

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