President Signs FTA Deals into Law

October 24, 2011

On Oct. 21, President Barack Obama signed free-trade deals between the U.S. and South Korea, Colombia and Panama. The deals were first negotiated during the George W. Bush administration and revised by the Obama administration. The agreements are expected to boost U.S. exports by around $13 billion annually, which the...

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Three Trade Deals Approved by Congress

October 18, 2011

The months-long fight over trade deals with Colombia, Panama and South Korea cleared a crucial hurdle on Oct. 12 when the House and the Senate approved all three deals. The deals were reached nearly four years ago but faced a great deal of controversy. President Barack Obama spent his first...

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Exporting Roundup

October 6, 2011

The world of exporting continues to move forward despite various economic challenges. According to recent data from the Bureau of Economic Analysis (BEA), exports were up slightly in July from the previous month. The Senate, in addition to work on the Free Trade Agreements, is also entertaining a new proposal to...

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NSBA to Host Teleconference on Exporting

October 4, 2011

On Thursday, Oct. 27, NSBA and the Small Business Exporters Association (SBEA)—the international trade arm of NSBA— 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...

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White House Sends FTA’s to Congress

October 4, 2011

On Oct. 3, President Barack Obama submitted implementing legislation for the long-delayed free trade pacts with South Korea, Colombia, and Panama to Congress which will allow them to move forward along with legislation to help workers who are hurt by increased trade. These trade accords –initially reached under President George...

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Ex-Im Bank Reauthorization Update

September 27, 2011

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....

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Exporting Round-up

August 17, 2011

Traditionall a very bright spot in an otherwise dim economy, the last few months have seen some less-than-stellar news on exporting. According to the  U.S. Department of Commerce, U.S. exports slowed in June, the most recent month for which data is available. On the other hand, the Export-Import Bank of the U.S....

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Ex-Im Reauthorization Moves Forward, SBEA Testifies

July 6, 2011

Lawmakers in the U.S. House continue working on legislation, the Securing American Jobs Through Exports Act of 2011 (H.R. 2072), to reauthorize the Export-Import Bank of the U.S. (Ex-Im Bank) which currently is set to expire Sept. 30, 2011. On the other side of the Capitol, NSBA’s David Ickert, of Air...

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Exporting Round-up

July 5, 2011

U.S. exporting continues to grow and expand its role in the overall U.S. economy. The Export-Import Bank of the U.S. (Ex-Im Bank) recently reported increased finance authorizations for U.S. exporters and an important benchmark in their Global Access for Small Business program, and also recently released a report outlining their...

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Ex-Im Bank Reauth Begins, Small Biz Lending Up

June 1, 2011

With just a few months remaining for Congress to reauthorize the Export-Import Bank of the U.S. (Ex-Im Bank), lawmakers are now in the process of holding oversight hearings and crafting draft legislation. The U.S. Senate Committee on Banking, Housing, and Urban Affairs recently held a hearing on Ex-Im Bank’s activities...

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