READOUT: EXIM President and Chair Reta Jo Lewis Hosts Delegation from the Republic of Latvia
WASHINGTON – President and Chair of the Export-Import Bank of the United States (EXIM) Reta Jo Lewis and EXIM senior officials yesterday hosted a delegation from the Republic of Latvia led by Edmunds Valantis, Secretary of State of the Ministry of Economics, and other senior officials of the Latvian government.
Chair Lewis opened the meeting by reinforcing her commitment to help America’s exporters compete around the world and America’s commitment to building commercial partnerships with NATO allies like Latvia. She also discussed how these collaborations can advance shared prosperity and support the Biden Administration’s whole-of-government approach to building a better America.
Minister Valantis outlined Latvia’s immediate need to diversify their economy away from Russia, and the group discussed priorities like clean and renewable energy, energy storage, infrastructure, and transportation. Chair Lewis also raised opportunities to support deals in transformational export sectors through the China Transformational Exports Program as well as opportunities to support small businesses in both countries.
Chair Lewis emphasized that she looked forward to continuing conversations to advance the business and economic interests of the U.S. and Latvia. The group committed to work together to further explore partnership opportunities that will advance the shared economic goals of both countries, including through the Biden Administration’s Build Back Better World Initiative.
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. Since 1992, EXIM has generated more than $9 billion for the U.S. Treasury for repayment of U.S. debt. Learn more at www.exim.gov.