Bonamici hosts Exporters Forum to help small and medium-sized businesses access global markets
August 7, 2014
Beaverton, OR – On Tuesday, August 12, at 8:30 a.m., Congresswoman Suzanne Bonamici will host an Exporters Forum featuring the Export-Import Bank (Ex-Im Bank) of the United States. The forum is an opportunity for small and medium-sized businesses to learn more about the Ex-Im Bank and other products and services that can improve access to export opportunities.
Roughly 90 percent of Oregon exporters are small businesses. The Ex-Im Bank supports and protects small businesses seeking to break into complex and sometimes volatile new markets by offering low-cost loans to foreign buyers of American goods and guarantees against potential losses to American exporters. The bank's charter will expire on September 30, 2014 unless Congress passes reauthorizing language.
“I’m pleased to host the Exporter Forum to connect local businesses with the resources they need to thrive in the global marketplace,”Bonamici said. “At its core, this is a jobs issue. My district relies heavily on access to global markets for a wide variety of products ranging from heavy equipment to agricultural produce and seafood. Export of goods and services to new and expanding markets provides opportunities for significant local economic growth.
“At the federal level, we need to support policies that promote trade, improve access to new markets, and create local jobs,” Bonamici said. “Reauthorizing the Export-Import Bank is one thing Congress can and should do to keep U.S. companies competitive in the global market.”
WHO: Congresswoman Suzanne Bonamici (OR-1); Patricia M.Loui, Export-Import Bank
WHAT: Exporter Forum
WHERE: Portland Community College, Rock Creek Event Center, 17705 NW Springville Rd., Portland, OR 97229
WHEN: Tuesday August 12, at 8:30 a.m.