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Business News Thu, 24 Mar 2005

Ex-Im Bank Announces Program Changes in Ghana

WASHINGTON, March 24 /PRNewswire/ -- The Export-Import Bank of the United States (Ex-Im Bank) has adopted changes to its cover policy in Armenia, Chad, Ghana, Macedonia and Pakistan, effective March 24, 2005, based on risk rating changes made by the U.S. Interagency Country Risk Assessment System (ICRAS).

The cover policy adjustments are: Ghana: Ex-Im Bank has opened for long-term private sector programs. For further information on Ex-Im Bank programs in these and other countries, visit Ex-Im Bank's web site at http://www.exim.gov and click on "Country Limitation Schedule" on the home page under Ex-Im Bank's Markets.

Ex-Im Bank, the official export credit agency of the United States, is in its 71st year of helping finance the sale of U.S. exports, primarily to emerging markets throughout the world, by providing loan guarantees, export credit insurance and direct loans. In fiscal year 2004, Ex-Im Bank authorized financing to support $17.8 billion of U.S. exports worldwide. For more information, visit http://www.exim.gov.

Source: Export-Import Bank of the United States