Export-Import Bank of the U.S. Director Owen Herrnstadt Addresses Sister Cities International All Americas Summit in San Antonio
San Antonio, Texas – Export-Import Bank of the United States (EXIM) Director Owen Herrnstadt traveled to San Antonio, Texas last week to address the 2024 Sister Cities International All-Americas Summit. During the summit, Director Herrnstadt participated in two panels where he underscored the role EXIM financing can play throughout the Americas in supporting U.S. exporters, U.S. workers and critical sectors like U.S. manufacturing and transportation.
“Through EXIM financing, we have been helping to bring the Americas together since the 1930’s, with projects like the construction of the Pan-American Highway,” said Director Herrnstadt. “We are continuing our world-wide efforts by financing projects that create much needed improvements to infrastructure through new global arrangements like the Partnership for Global Infrastructure and Investment.”
During the first panel on international trade in the Western Hemisphere, Director Herrnstadt talked about how EXIM contributes to leveling the playing field for U.S. exporters and U.S. workers. He also spoke about EXIM’s Make More in America initiative and other EXIM financing tools to support U.S. exports and U.S. workers. He then joined a luncheon panel discussion on the dynamics of inter-American diplomacy, where he talked about EXIM’s contribution to fostering peace and mutual respect throughout the world, the principles of Sister Cities International.
About EXIM:
The Export-Import Bank of the United States (EXIM) is the nation’s official export credit agency with the mission of supporting American jobs by facilitating U.S. exports. To advance American competitiveness and assist U.S. businesses as they compete for global sales, EXIM offers financing including export credit insurance, working capital guarantees, loan guarantees, and direct loans. As an independent federal agency, EXIM contributes to U.S. economic growth by supporting tens of thousands of jobs in exporting businesses and their supply chains across the United States. Learn more at www.exim.gov.