Call Your Member of Congress and Ask For a Vote on Ex-Im Bank
The
Export-Import Bank (Ex-Im Bank) is critical to the competitiveness
of American nuclear exporters and their thousands of employees. Without
congressional action, the Ex-Im Bank will begin winding down operations
on July 1, 2015.
Closure would deal a major blow not just to nuclear exporters but to
the entire nuclear supply chain across the country, threatening the
livelihoods of thousands of employees and their families.
Call your member of Congress today and ask them to support the Ex-Im Bank and to demand a vote on a
long-term reauthorization bill before June 30.
Members of Congress need to hear directly from their constituents on
this issue and we are counting on you to make your voice heard. Key
points to emphasize are:
- Nuclear competitiveness:
Without the Ex-Im Bank, nuclear suppliers will not meet the
requirements of international tenders, which always require export
credit agency support. As a result, major projects will default to
non-U.S. competitors – all of which have robust export credit agencies
or direct financing.
- Nuclear jobs:
The U.S Commerce Department values the global nuclear energy market at
up to $740 billion over the next decade. The U.S. must achieve a piece
of that pie to create and sustain high-paying American jobs.
- Standards of nuclear safety:
Beyond their substantial benefits to U.S. exports and job creation,
U.S. nuclear exports promote the highest standards for nuclear safety,
security and nonproliferation worldwide.
- American business:
The Ex-Im Bank supports American businesses of all sizes, with small
businesses accounting for more than 85 percent of Ex-Im’s
transactions. This figure does not include the thousands of suppliers
to larger exporters.
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