If you conduct business with The Export-Import Bank of The United States, the Bank periodically publishes a list of countries which have limitations or restrictions placed upon them (usually in accord with U.S. political policy, with a respectful nod to those United Nations' sanctions, pronouncements, resolutions and other sentiments expressed in their many meetings) by the Bank in terms of their eligibility for EXIM's participation.
Following is the latest schedule which will likely be in effect at least for the first calendar quarter of 2013. The bulletin is excerpted from a regular notification which The Internationalist Page Blog and CrowdFunding Incubator LLC both receive:
You are subscribed to Country Limitation Schedule (CLS) for the Export-Import Bank of the United States. This information has recently been updated, and is now available.
The Country Limitation Schedule (CLS) issued by the Export-Import Bank of the United States (Ex-Im Bank) has been updated. The new CLS is effective December 27, 2012.
The new CLS may be accessed on-line on December 27, 2012 at: http://www.exim.gov/tools/countrylimitationschedule/index.cfm. The CLS and Cover Letter are also attached as PDF files.
The CLS indicates where Ex-Im Bank is "open for cover" and where Ex-Im Bank is "off-cover". The "open for cover" designation refers to the possibility, rather than the certainty of Ex-Im Bank support in particular cases. Where the CLS presents an X mark, Ex-Im Bank is "off-cover", and is therefore not willing to consider approval of routine transactions. These "off-cover" determinations are due to economic and/or political risks associated with the country.
For more information on the Ex-Im Bank, please visit our website at:
Always remember that there are a number of EXIM banks throughout the world and situated in a number of countries. Each of these has the same basic agenda (i.e., to stimulate its home country's exports, and help with its Balance Of Trade and Balance Of Payments, et cetera). Without rendering any professional opinion or offering you any advice, a saavy businessperson can arbitrage the CLS and other differences in policies between these banks through re-domiciliation and a number of other devices to favorably arbitrage some very exciting business transactions.
As always, thank you for reading me and for re-tweeting me.
Douglas E. Castle
p.s. The notion Of "Going Green" is a major, growing trend, and will become increasingly involved in government policy-making, contracts and favors, as well as being heavily infused into the capital markets, including CrowdFunding - reference The Global Futurist Blog. Expect the EX-IM Banks in most of the industrialized nations to reflect this in their willingness to issue financing and guaranties.
p.p.s. "Always remember that one country's protectionism is another country's industry opportunity." - Douglas E. Castle