U.S. and China to Kickstart Export Financing Talks

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Feb. 16 – The United States and China agreed on Tuesday to jointly work on setting guidelines for export financing, an area in which countries often compete fiercely to win an advantage for their own domestic export markets.

Washington and Beijing plan to establish an international working group that will also include other major government-backed export credit agencies (ECAs). They aim to reach an agreement by 2014, according to the White House. Continue reading…

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