Strategic Trade Finance The ECA Comparative Advantage

Strategic Trade Finance: The ECA Competitive Advantage
Export financing has become a potent tool for nations in advancing their strategic and economic policy objectives. While America's allies are deploying export credit in pursuit of their own goals, no nation has been more aggressive on this front than China.
Moderator: Dr. Rebecca Harding, CEO, Coriolis Technologies, and author of The Weaponization of Trade
Speakers:
Dr. C. Fred Bergsten, Senior Fellow and Director Emeritus, Peterson Institute for International Economics
(42:44) “If we want to make America great again, if we want to strengthen our economy, if we want to have a really effective trade policy, if we want to boost American exports, and through that, enhance job creation and American competitiveness on the world scale, we've got to have a world-class export credit program.”
Paul Denton, Senior Vice President, Marketing and Advanced Technologies, Progress Rail
(38:55) “We absolutely need EXIM Bank to be successful. The fact is we have to have a fair and level playing field, but we need to be able to bring the financing to the opportunities . . . It's both big and small companies that are part of this supply chain, and it's critical that that we have the financing so we can go compete on a global stage.”
Patrick Gang, Head of Export and Agency Finance, Bank of America
Louis Taylor, Chief Executive, UK Export Finance (UKEF)
(15:43) “We'd love to be working more with U.S. EXIM Bank because, frankly, their heft and their influence in international relations and discussions about this whole area are hugely valuable and their credibility will be massively enhanced once they're reauthorized and their board is cored.”