EXIM boss participates in USMCA Day to underscore support for jobs, economic growth

Export-Import Bank of the United States (EXIM) President and Chairman Kimberly A. Reed Tuesday participated in the Greater Houston Partnership’s U.S.-Mexico-Canada Agreement (USMCA) Day.

The virtual event focussed on the USMCA trade agreement and its effect on global supply chains and foreign policy.

A statement by the bank revealed that Chairman Reed participated in a panel discussion titled, “Mitigating Risk: Tools to Drive North American Exports,” moderated by George Y. Gonzalez, Chair, International Advisory Committee, Greater Houston Partnership, and featuring the Honorable Ruth R. Hughs, Secretary of State, State of Texas; Mairead Lavery, President and CEO of Export Development Canada; and Mario Rodriguez Montero, Deputy Director-General for Strategic Planning, NAFIN & Bancomext.

“As President Trump stated, ‘the USMCA is the largest, most significant, modern, and balanced trade agreement in history. All of our countries will benefit greatly.’ It was an honour to join my export agency colleagues from Canada and Mexico, Texas Secretary of State Hughs, and the Greater Houston Partnership to celebrate jobs, jobs, jobs,” said EXIM Chairman Kimberly Reed.

“Businesses are looking closer than ever at EXIM’s export finance solutions and we want our North American allies and partners to know that EXIM is open for businesses after its historic seven-year reauthorization. USMCA serves as an important tool in strengthening our economic and national security and provides a strong incentive for businesses in our neighbouring countries to find new customers across our borders through exports while supporting jobs here in the United States”, she stated.