The U.S. Export-Import Bank (U.S. Ex-Im Bank) today unveiled its third bilingual Web portal on its Web site at www.exim.gov. U.S. exporters, Turkish buyers and financial institutions from Turkey and the U.S. will be able to choose either English or Turkish language versions of key U.S. Ex-Im Bank information. The Web pages explain how the U.S. Ex-Im Bank may be able to assist creditworthy Turkish buyers of U.S. goods or services, or U.S. exporters, who may not be able to obtain financing from private sector sources at reasonable commercial terms.
The U.S. Ex-Im Bank's current exposure in Turkey is approximately $3 billion, behind only China, Mexico and Brazil. The expansion of the U.S. Ex-Im Bank's business in Turkey has followed the Turkish government's commitment to economic reform and the development of a hospitable investment climate. Annual authorizations for Turkey have averaged $225 million, a figure that should increase as the demand for U.S. capital goods and Turkish entities capacity to borrow continue to improve.
American companies interested in exporting goods and services to Turkey can access that information directly at www.exim.gov/turkey/index.html, and Turkish companies seeking financing to purchase U.S. goods and services, can access the Turkish language version of that information at www.exim.gov/turkey/index-tu.html. The U.S. Ex-Im Bank currently has two other country-specific, bilingual web portals available. The Russia and Mexico portals may also be accessed at www.exim.gov. Similar multi-lingual, country-specific portals are under development for other regions of the world.