Export Enhancement Program

| 2/4/2013

North Dakota’s Industrial Commission approved a new program for the state’s exports. The Export Enhancement Program is an agreement with the Export-Import Bank of the United States and enables the Bank of North Dakota to make medium-term loans.

Governor Jack Dalrymple says that this will allow foreign buyers to improve their credit terms.

“This partnership between the U.S. Export-Import Bank, the Bank of North Dakota and our local lenders will help expand the opportunities for North Dakota exporters in the global marketplace,” Dalrymple said. “Through this partnership we can improve

credit terms for foreign buyers and help minimize risk for our exporters.”
Details of the program will be presented at the North Dakota Trade Office’s Global Connections Conference later this month.

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