The COVID Project
The record
- Jurisdiction
- United States; Export-Import Bank of the United States (federal export credit agency)
- Level
- Federal
- Authority
- 12 U.S.C. § 635a(c)
- Issued
- 2020-04-14 Apr. 14, 2020
- Effective
- 2020-04-14
- End
- 2020-09-30 (unless terminated earlier by the Board) (read as 2020-09-30)
- In force
- Apr. 14, 2020 to Sept. 30, 2020
- Quarters
- 2020 Q22020 Q3
2020 Q22020 Q32020 Q42021 Q12021 Q22021 Q3
- Limitation types
- Supply chainOther
- Addressees
- U.S. exporters of personal protective equipment and other medical supplies and their lenders
- Functions reached
- SC and export sales of PPE manufacturers and distributors
- BL export finance
- CB foreign buyers
- Collection
- Federal financial regulators AGY-FED-FINANCIAL
Operative words
WASHINGTON - In order to protect the American people, the Export-Import Bank of [the United States (EXIM) Board of Directors today voted to temporarily restrict EXIM support for exports of certain medical supplies].... Per the resolution, EXIM's temporary actions, which will remain in place through September 30, 2020 (unless the EXIM Board votes to terminate them earlier), include [declining new applications for export support of the specified personal protective equipment and medical supplies].
Enforcement
EXIM program eligibility; 12 U.S.C. § 635
Notes
A federal instrument limiting commerce in terms: export financing support for PPE and medical supplies was withdrawn from April 14 to September 30, 2020, in aid of the Defense Production Act allocation orders that FED-A holds
Retrieval noteRendered from the live EXIM release (dateline April 14, 2020 verified).