American Business Council FOR IMMEDIATE RELEASE Contact: Cara Nazari Company Name: American Business Council of Dubai & the Northern Emirates Tel: 04.379.1414 Email: email@example.com Website: www.abcdubai.com
American Business Council of Dubai & the Northern Emirates Hosts Roundtable with the Export-Import Bank of the United States DUBAI – MARCH 4, 2013 The Chairman of the Export-Import Bank of the United States (Ex-Im Bank), Fred P. Hochberg, the Vice President of the Structured Finance Division of Ex-Im Bank, John Schuster, and a delegation of senior officials from the Bank are in the U.A.E. this week for a series of meetings with key government and business leaders. John Schuster sat down with the American Business Council of Dubai & the Northern Emirates (ABC) membership for an intimate roundtable discussion on Monday March 4, 2013 at the Crowne Plaza Dubai. The event welcomed ABC members and guests including Robert Bannerman, Commercial Attaché at the US Consulate General in Dubai and members of the ABC Board of Directors. During his welcome remarks, John Schuster gave an overview of the delegation’s visit to the U.A.E. and highlighted the U.A.E. as a growth market for U.S. Exports. “The U.A.E. remains a dynamic market with opportunities in infrastructure, power generation, transportation, medical supplies and renewables. In 2012, over $22 billion worth of U.S. exports were sold to the U.A.E., continuing an increasing trend over the past several years.” John Schuster remarked. Ex-Im Bank, an independent, self sustaining federal-government agency, helps create and maintain U.S. jobs by filling gaps in export financing and strengthening U.S. export competitiveness. The Bank is the official export credit agency of the United States and provides a variety of financing products, including
working capital loan guarantees, export-credit insurance, and loan guarantees and direct loans to assist foreign buyers of U.S. goods and services.
ABOUT THE AMERICAN BUSINESS COUNCIL The American Business Council of Dubai & the Northern Emirates operates under the auspices of the Dubai Chamber of Commerce & Industry and functions as a Chapter of the U. S. Chamber of Commerce. Since its founding in 1985, the American Business Council has supported U.S. business interests in Dubai & the Northern Emirates and acts as a liaison between government and commercial enterprises. The American Business Council is a 500 plus member-driven organization. Fortune 500 companies and key business leaders are well represented among the members of the American Business Council. The American Business Council provides a forum for understanding and interaction between the local business community and members of the American Business Council. Members are supported through a robust calendar of informational programs, round-table discussions, and business networking opportunities.
For more information about the American Business Council and to learn how members are engaged, visit us at www.abcdubai.com.