Latest News
December 19, 2011
Ex-Im Announces Annual Report and Advisory Committee
In the last week, the Export-Import Bank of the U.S. (Ex-Im Bank) released its 2011 Annual Report which provides a comprehensive analysis of Ex-Im Bank’s export financing in FY 2011, which showed that, for the third-straight year, Ex-Im Bank set export finance records including overall financing that exceeded $32 billion. Additionally, Ex-Im Bank announced its [Read More]
October 31, 2011
SBEA and NSBA Host Exporting 101 Teleconference
On Thursday, Oct. 27, NSBA and the Small Business Exporters Association (SBEA)—the international trade arm of NSBA— held an issue briefing teleconference on exporting, “Exporting 101.” With nearly 100 people dialing-in to the call, the expert speakers on the line discussed the challenges they have faced as well as provided various recommendations to new and [Read More]
September 29, 2011
TAA Passage May Help Free Trade Agreements
The Senate recently approved a bill (H.R. 2832) that would renew both the Generalized System of Preference and Trade Adjustment Assistance (TAA) programs giving 129 countries duty-free access to the U.S. market, and give workers benefits if they lose their jobs to international trade. The Trade Adjustment Assistance Extension Act of 2011 passed by a [Read More]
September 29, 2011
SBA Awards $30 Million in State Export Grants
The U.S. Small Business Administration (SBA) recently announced $30 million in grant awards to be made through the State Trade and Export Promotion Program (STEP). The awardees for this first round of grant fund competition were 47 states, the District of Columbia, Puerto Rico, Guam, the Northern Mariana Islands, and the Virgin Islands. STEP is [Read More]
September 28, 2011
Export Controls Reform Update
By: Dr. Leslie “Les” Bowen Earlier this year, I was appointed by U.S. Commerce Secretary Gary Locke to serve on the President’s Export Council Subcommittee on Export Administration (PECSEA). PECSEA is a subcommittee of the President’s Export Council tasked with providing industry input on export control reform (ECR), a priority for the Obama Administration in their [Read More]
September 28, 2011
Ex-Im Bank Reauthorization Update
The Export-Import Bank of the U.S. (Ex-Im Bank), a self-sustaining federal agency, is the official export credit agency (ECA) of the U.S. It helps finance American exports of manufactured goods and services, with the objective of contributing to the employment of U.S. workforce, primarily in circumstances when alternative financing is not available. Ex-Im Bank’s main [Read More]
September 28, 2011
Proposal Against Chinese Currency Manipulation
On Sept. 22, a bill (S. 1619) targeting the effect of Chinese currency manipulation on the U.S. economy was introduced in the Senate. The Currency Exchange Rate Oversight Reform Act of 2011 introduced by Sen. Sherrod Brown (D-Pa.) drew significant bipartisan support and is the latest in a five-year effort focused on the Chinese yuan. [Read More]
September 28, 2011
U.S. Exports up Slightly in July
The U.S. Department of Commerce’s Census Bureau and the Bureau of Economic Analysis (BEA) announced in early-September that total exports for the month of July increased to $178 billion, up from the revised June number of $171.8 billion. This represents an increase of $6.2 billion in export growth. Although the growth in exports is positive, [Read More]
September 27, 2011
Upcoming Teleconference: Exporting 101
On Oct. 27, SBEA—along with the National Small Business Association—will host an informative issue briefing teleconference on exporting. As the U.S. economy continues to lag, lawmakers and economists continue to promote the myriad business opportunities offered by exporting. President Barack Obama has even made expanding exporting a key priority for his administration. So what does [Read More]
August 12, 2011
