7
INTERNATIONAL TRADE FINANCE AND PROMOTION
LEARNING OBJECTIVES
After reading this chapter, you should be able to:
- Understand the importance of finance for trade
- Highlight the different sources of trade finance
- Explain the importance of trade promotion
- List the different sources of trade promotion in India
US EXIM BANK
The US EXIM Bank was created 80 years ago with the basic objective of boosting domestic exports through a wide range of programs, including guaranteeing loans to foreign buyers and providing credit insurance. The future of the EXIM bank is presently in jeopardy as the House Majority Leader Kevin McCarthy is against reauthorizing the charter of the Export-Import Bank. The future of the EXIM Bank is determined by the US Congress ...
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