After a 5-year suspension, the US Export-Import Bank, the official export credit agency of the United States, has resumed loaning to Ukrainian borrowers to buy American goods

After a 5-year suspension, the US Export-Import Bank, the official export credit agency of the United States, has resumed loaning to Ukrainian borrowers to buy American goods, reports the U.S.-Ukraine Business Council. “This is great news for U.S. exporters of good and services and for business in Ukraine,” said Morgan Williams, president of the Washington-based Council. Alex Gordin, Managing Director of Broad Street Capital Group, said the Bank’s return sends “a terrific signal to U.S. companies seeking to supply the Ukrainian market with U.S. goods and services. It also sends an encouraging message to investors on the improving economic condition in Ukraine.” US-Ukraine trade is believed to have grown by 30% in 2018.