Ex-Im Bank supports satellite export to Vietnam

Trade & Trends

Tuesday, October 02, 2012

The U.S. Export-Import Bank authorized a $118 million direct loan to the Vietnamese government for the export of a Lockheed Martin Space Systems Co. telecommunications satellite and additional goods and services. The loan, which represents Ex-Im Bank's first satellite transaction with Vietnam, supported about 525 American jobs, according to Lockheed Martin estimates, and financed export sales totaling $215 million. "As one of our nine key markets, Vietnam affords Amer...

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