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Discover Global Markets: Building Smart Cities!

Blogged By: 
Created on August 23, 2016

Discover Global Markets: Building Smart Cities

Connecting, Innovating, and Sustaining with 21st Century Infrastructure
Chicago, IL • November 1-3, 2016

Impact Investing’s Role in Puerto Rico’s Economic Recovery

Blogged By: 
George H. Laws Garcia, MBDA Legislative Affairs Specialist


Created on August 24, 2016

Since approximately 2006 the U.S. territory of Puerto Rico has been mired in a persistent recession which has now escalated into an all-out fiscal, economic and demographic crisis of unprecedented proportions. Although the effects of the crisis are being felt most intensely by the island’s 3.4 million residents, its impact has also reached beyond the island’s shores.  

Export Credit Insurance Testimonial - DemeTech

Blogged By: 
Ex-Im Bank
Created on August 18, 2016

Small business exporters can learn how EXIM products can empower them to increase foreign sales by clicking here or visiting the homepage at

Building Peace: Colombian Peace Presents New U.S. Business Opportunities


Created on August 18, 2016

After decades of civil unrest, the Colombian government reached a ceasefire with the Revolutionary Armed Forces of Colombia (FARC) on June 23, 2016. The ceasefire deal was the last major step in reaching a final peace agreement, expected by the second half of August, according to Colombia’s Minister of Post-Conflict, Rafael Pardo. Peace is expected to bring many benefits to Colombia, including improved rule of law, security, and increased investment. This improved business environment has the potential to open a number of new opportunities for to U.S. companies.The U.S. is an important trade and investment partner for Colombia. U.S.-based companies have been exporting an increased number products to Colombia since the U.S.-Colombia Trade Promotion Agreement went into effect in 2012.

U.S. goods exports to Colombia stood at $16.3 billion in 2015, having grown 14% since the implementation of the agreement - compared to just 1.2% growth in U.S. goods exports worldwide over the same period. This makes Colombia our third largest export destination in Latin America.

Texas Small Business Expands Sales Overseas With EXIM Bank's Insurance Policy

Blogged By: 
Amanda Rogers, Export-Import Bank Public Affairs
Created on August 15, 2016

Gabriel Ojeda runs a small concrete additive business called Fritz-Pak out of a modest warehouse just east of Dallas with his wife and son. Gabriel Ojeda runs a small concrete additive business called Fritz-Pak out of a modest warehouse just east of Dallas with his wife and son. They manufacture 40 different specialty products, including plasters you’d find in swimming pools or sports stadiums. Sales were steady—until the 2008 recession hit. Gabriel had to lay off three of his 14 employees, and was nearly forced to sell off the business. When Gabriel’s family came up with the idea of pursuing sales in global markets, they sought out private financing—but when a typical export sale is only 10 or 12 thousand dollars, a local bank isn’t always interested in financing. So when private financing proved unavailable, the company turned to the Export-Import Bank of the United States (EXIM Bank) for a reliable insurance package to protect their overseas sales. 

In 2011, EXIM Bank approved a $200,000 insurance policy which helped Fritz-Pak expand to Russia, Taiwan, China, and South Africa. With EXIM’s insurance the Ojedas were able to offer their new foreign buyers credit terms while protecting against the risk of not being paid.

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