Export-Import Bank of the United States (Ex-Im Bank) president and chairman Philip Merrill provided a positive assessment of Eastern Europe's investment climate and told business, financial, and government leaders meeting in Bucharest, Romania, that Ex-Im Bank is committed to financing increased US exports to the region.
"I am pleased to say that Ex-Im Bank is open for business in every country in south-east and central Europe," Merrill said in a keynote address delivered at a summit on attracting increased foreign direct investment to Eastern Europe. "We have supported nearly $1.5 billion in US exports to the region since 1998, and Ex-Im Bank has a portfolio of $1.5 billion in Russia. But we want to do more."
