November 13, 2015

Last month, Congress voted to reauthorize the U.S. Export-Import Bank (Ex-Im Bank) which expired in June. The Ex-Im Bank levels the playing field for San Diego businesses in the global marketplace by enabling both large and small companies to sell their products around the world. This creates jobs and contributes to a strong local economy. Because of the Ex-Im Bank’s reauthorization, small businesses looking to expand their global reach are poised to benefit significantly. In San Diego County, the Bank has supported $2.8 billion in exports by 107 exporters, 80 percent of which are small businesses.

The San Diego Regional Chamber applauds our San Diego Congressmembers, Rep. Susan Davis, Rep. Duncan Hunter, Rep. Darrell Issa, Rep. Scott Peters, and Rep. Juan Vargas as well as other members of the California congressional delegation and members of Congress for effectively representing the border and supporting the future of San Diego business.