Increased U.S. Export Sales To China And Other Markets Goal Of New Agreement Between Ex-Im Bank And China's ICBC Leasing

Businesses in the United States will potentially benefit from an agreement signed here that is intended to increase the sales of U.S. goods and services to China and other potential markets. The document was signed by Fred P. Hochberg, chairman and president of the Export-Import Bank of the United States (Ex-Im Bank) and Li Xiaopeng, chairman of ICBC Financial Leasing Co., Ltd.

"This agreement reflects our commitment to build a strong relationship with ICBC Leasing, enabling us to better pursue our common goals and objectives," Hochberg said. "In the process businesses, workers and consumers in both countries stand to benefit."

Ex-Im Bank and ICBC Leasing intend to exchange information on a broad range of trade and business opportunities of which they become aware, with aviation sales of particular interest. Between 1992 and 2001, Ex-Im Bank supported more than......

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