Thanks, mag1. Sorry for the formatting. Scroll to
Post# of 22940
Quote:
Sovereign guaranteed
tranSactionS
A Framework Agreement signed in
2005 between Ex-Im Bank and China’s
Ministry of Finance governs the
procedures for arranging Ex-Im Bank
medium term and long term financing
on sales to Chinese buyers eligible to
receive a sovereign guarantee.
The Sovereign Loan Program was
designed to help boost exports of
advanced technology and equipment
from the U.S. to China, while
strengthening economic and trade ties
between the two countries.
The program features key advantages:
A waiver of import duties and VAT
for projects that include at least 50
percent U.S .exports or where the
Ex-Im Bank guarantee is for at least
50 percent of the contract value
A clear set of procedures to facilitate the
approvals process for Chinese buyers
A pre-negotiated form of Master
Guarantee Agreement to streamline
documentation
The Sovereign Loan Program has been
used to help finance a wide range
of exports to China, ranging from
renewable energy, medical equipment,
and environmental products to
transportation, telecommunications,
and other infrastructure equipment.
I found this to be of interest, too:
Quote:
Aircraft Finance
Ex-Im Bank supports Chinese buyers
of U.S. new and used commercial and
general aviation aircraft through loan
guarantees and insurance for both
large and small commercial aircraft.
Ex-Im Bank can also finance spare
parts, ground equipment, training
costs and transaction expenses.
http://www.exim.gov/sites/default/files//mana...chi-01.pdf
$TPAC
Trans-Pacific Aerospace (TPAC) Stock Research Links
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