Readout from EXIM Chairman Kimberly Reed's Meeting with U.S. National Security Advisor Robert O'Brien
WASHINGTON - President and Chairman of the Export-Import Bank of the United States (EXIM), Kimberly A. Reed, met yesterday with U.S. National Security Advisor, Ambassador Robert O'Brien, to discuss EXIM's new Program on China and Transformational Exports, and how EXIM is supporting American jobs and serving as a valuable tool of statecraft, such as in their recent trips to Brazil, Vietnam, and the Philippines, and in discussions with Romanian Foreign Affairs Minister Aurescu. Chairman Reed and Ambassador O'Brien also discussed how the close working relationship between EXIM, the National Security Council staff, and interagency partners is advancing the comparative leadership of the United States around the world.
Chairman Reed and Ambassador O'Brien
EXIM senior leaders also participating in the meeting included Chief of Staff Ryan McCormack, Chief Banking Officer Stephen Renna, Counselor to the Chairman and SVP for the Program on China and Transformational Exports David Trulio, SVP for External Engagement Luke Lindberg, and Press Secretary Kelsey Koberg.
The Program on China and Transformational Exports, established in EXIM's historic seven-year reauthorization signed into law by President Trump on December 20, 2019, directs EXIM to provide financial products to directly neutralize export subsidies offered by the People's Republic of China, helping to ensure a level playing field for U.S. businesses and workers as they compete globally. The program has the aim of advancing the comparative leadership of the United States and supporting U.S. innovation, employment, and technological standards globally in ten transformational export industries key to U.S. prosperity and security, including 5G, emerging financial technology, renewable energy, biomedical sciences, biotechnology, artificial intelligence, and high-performance computing.
L-R: EXIM SVP David Trulio, Chief Banking Officer Stephen Renna, Chairman Kimberly Reed, Ambassador Robert O'Brien, SVP Luke Lindberg
Immediately after being confirmed by the U.S. Senate in 2019, and recognizing the importance of EXIM in implementation of the National Security Strategy of the United States of America, Chairman Reed established the first-ever EXIM National Security Advisor position. Jamal Ware now serves in that capacity.
On September 10, 2020, Ambassador O'Brien was a keynote speaker at EXIM's annual conference, which had 1,700 participants. Ambassador O'Brien's remarks can be viewed here.
ABOUT EXIM:
EXIM is an independent federal agency that promotes and supports American jobs by providing competitive and necessary export credit to support sales of U.S. goods and services to international buyers. A robust EXIM can level the global playing field for U.S. exporters when they compete against foreign companies that receive support from their governments. EXIM also contributes to U.S. economic growth by helping to create and sustain hundreds of thousands of jobs in exporting businesses and their supply chains across the United States. In recent years, approximately 90 percent of the total number of the agency's authorizations has directly supported small businesses. Since 1992, EXIM has generated more than $9 billion for the U.S. Treasury for repayment of U.S. debt.
For more information about EXIM, please visit www.exim.gov.