Export-Import Bank of the U.S. Vice Chair Judith Pryor Joins U.S. Delegation in Oman
Muscat, Oman – Export-Import Bank of the United States (EXIM) First Vice President and Vice Chair Judith Pryor travelled to Oman this week to deliver remarks at the opening day of U.S.-Oman Partnership Opportunity Delegation (POD) meetings led by the U.S. Department of State’s Special Representative for Global Partnerships Dorothy McAuliffe. The focus of this POD was cooperation in the space sector.
“Economic ties between the U.S. and Oman reach back more than 230 years, and we are always looking to grow our commercial and economic relationship. That’s why we signed a $500 million Memorandum of Understanding last February with the Oman Ministry of Finance and why we are eager to explore sectors for collaboration including wireless communication, biotechnology, agriculture and manufacturing,” said Vice Chair Pryor. “EXIM is committed to supporting Omani businesses that want to work with U.S. businesses in these sectors.”
The Space POD meetings were cohosted by Special Representative McAuliffe and Oman’s Director General of Space Policy, Dr. Saud al Shuail. Other participants included Omani government officials, U.S. and Omani industry leaders, and academics from Arizona State University.
During her trip, Vice Chair Pryor also met with Oman’s Minister of Commerce H.E. Qais Al Yousef and Khalid Al Shuaibi, Head of Oman’s National Program for Investment & Export Development (Nazdaher).
Additionally, Vice Chair Pryor held roundtable discussions with the banking and business communities, including EXIM presentations for the Oman Chamber of Commerce and Industry (OCCI) and the Oman American Business Council (OABC), which acts as the local U.S. Chamber of Commerce in Oman.
In these meetings, Vice Chair Pryor focused on fostering existing and creating new partnerships, and highlighted EXIM financing in the telecommunications, renewable energy and the space sector. She also underscored the lending flexibilities offered under EXIM’s China & Transformational Exports Program (CTEP) and the availability of EXIM’s new Make More in America (MMIA) initiative for Omani businesses interested in building or expanding manufacturing facilities in the U.S. where there is a sufficient export nexus.
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.
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