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Ex-Im Seeking Comment on $35 Million Export Loan Guarantee for Iraq

The Export-Import Bank of the U.S. published a notice that it received an application for a $35 million transaction specific working capital guarantee to support the export of about $63.5 million worth of sulphur purification equipment and services to Iraq,…

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to be repaid in 24 months. In the May 3 Federal Register notice, Ex-Im said the U.S. exports will enable the Iraqi mining company to establish a maximum production capacity of 500,000 metric tons of sulphur per year, expected to be sold domestically in Iraq. Comments can be submitted to economic.impact@exim.gov or by mail to 811 Vermont Avenue, NW, Room 947, Washington, DC 20571, by May 17.