Access a Growing Source of Foreign Sales of U.S. Products
Billions of dollars in foreign sales opportunities await smaller companies — in a market that many may have overlooked. It’s a market with very little credit risk, and one that increasingly supplies its own financing.
Sound interesting? You can learn more at an upcoming national conference.
About $50 billion in purchases a year – that’s “billion” with a “b” — are being made by “multilateral development banks,” a group of investment banks like the World Bank, the Inter-American Development Bank, the International Finance Corporation, the European Bank for Reconstruction and Development, and the Asian Development Bank. These “MDB’s” receive their main financial backing from the governments of the world’s more developed countries.
When the MDB’s approve projects in less developed countries, they follow strict rules to insure that goods and services are purchased transparently and competitively. That presents many opportunities for smaller companies in the U.S., where many of the MDB’s are based.
Recently, they’ve begun doing even more. In cooperation with private sector banks, several MDB’s now offer export financing and other types of risk mitigation products, not only for the exports that they sponsor, but for all types of exporting as well. If you haven’t checked out some of this truly attractive financing yet, you should.
The U.S. Department of Commerce and the MDB’s are putting on a national conference in New Orleans on March 16th to bring U.S. companies up to speed on these important new opportunities.
A flyer on the conference is here:
And registration is here:
The modest cost of $150 includes breakfast, lunch, all conference materials and a reception.
Take advantage of this great opportunity to meet key players in this market!