[20140818]IN10097_进出口银行重新授权辩论.pdf

CRS InsightsExport-Import Bank Reauthorization DebateShayerah Ilias Akhtar, Specialist in International Trade and Finance (siliasakhtarcrs.loc.gov, 7-9253)August 18, 2014 (IN10097)The Export-Import Bank of the United States (Ex-Im Bank or the Bank), a wholly owned federalgovernment corporation, is the official export credit agency (ECA) of the U.S. government. Its missionis to assist in the financing of U.S. exports of goods and services to support U.S. employment. On ademand-driven basis, it seeks to provide financing when the private sector is unwilling, or unable, toundertake alone such financing at terms commercially viable for exporters; and/or to meet foreigncompetition by countering government-backed financing offered by foreign countries to theircompanies. Its statutory charter (Export-Import Bank Act of 1945, as amended, 12 U.S.C. 635 et seq.)expires on September 30, 2014 (P.L. 112-122), meaning that the agencys authority to enter into newobligations generally would cease and a wind-down of operations would be required. (This issue isdistinct from an authorization of appropriations expiring, which would not, in and of itself, terminatesuch authority to operate.) Congress i