The Boeing Company : Ex-Im Bank Concludes Agreement for U.S. Export Transaction to Mongolia

Officials from the Export-Import Bank of the United States (Ex- Im Bank) and MIAT Mongolian Airlines (MIAT) participated in a signing ceremony that finalized the export of a U.S. Boeing 767- 300ER aircraft with GE engines to MIAT.
According to a release, Ex-Im Bank Chairman and President Fred P. Hochberg, MIAT President and CEO Jargalsaikhan Gungaa, and PEFCO Vice President Vince Herman signed the financing documents. Altangerel Bulgaa, Mongolia's Ambassador to the United States, and representatives from GE and The Boeing Company were also in attendance.
Ex-Im Bank said the transaction, guaranteed by Mongolia's Ministry of Finance, was previously approved by Ex-Im Bank's board of directors and counts as both the Bank's first significant transaction in Mongolia and its first transaction with MIAT.
"There are numerous opportunities for U.S. exporters in Mongolia, and I hope that this agreement encourages more Americans to explore this diverse and exciting market," said Chairman Fred P. Hochberg. "By increasing MIAT's fleet, we are able to support high-quality jobs in boththe United States and Mongolia."
"Aviation plays a strategic role in Mongolia's global interactions. Boeingis delighted that MIAT's latest 767-300ER marks the carrier's first direct purchase of one of our jetliners and continues the airline's reliance on quality U.S. made aircraft to meet its mission. This, in turn, linksMongolia to the success of American aviation manufacturing and the many thousands of U.S. jobs it supports," said John Wojick, senior vice president, Global Sales & Marketing for Boeing Commercial Airplanes.
"MIAT is pleased to conclude its first financing transaction with the support of Ex-Im Bank," said President Jargalsaikhan Gungaa. "We are proud to be the first airline in Mongolia to acquire an aircraft directly fromThe Boeing Company and to finance an aircraft with the support of Ex-Im Bank. This is an important step for the aviation industry in Mongolia, and the confidence shown by Ex-Im Bank in Mongolia will have a positive impact on all industries."
Ex-Im Bank noted that Chairman Hochberg participated in a business-development mission in Mongolia, where he encouraged sourcing of U.S. products and services for regional infrastructure projects. Chairman Hochberg also oversaw the signing of a memorandum of understanding with the Development Bank of Mongolia to facilitate trade opportunities between the United States and Mongolia.
Ex-Im Bank is an independent federal agency.
More information:
www.exim.gov
Share:

0 comments:

Post a Comment

Facebook page

Powered by Blogger.

Categories

Advertising in Mongolia An Culture Editorial of the Mongolianviews education Environmental protection Famous Mongolians Foreigners in Mongolia Inner Mongolia Ivanhoe Mines Mongolia agriculture Mongolia analysis Mongolia and Australia Mongolia and Belorussia Mongolia and Cambodia Mongolia and Canada Mongolia and central Asia Mongolia and China Mongolia and Cuba Mongolia and EU Mongolia and Germany Mongolia and Hongkong Mongolia and Hungary Mongolia and India Mongolia and Inner Mongolia Mongolia and Iran Mongolia and Italy Mongolia and Japan Mongolia and Kazakhstan Mongolia and Korea Mongolia and Kuwait Mongolia and Malaysia Mongolia and Nato Mongolia and North Korean Mongolia and Poland Mongolia and Russia Mongolia and Singapore Mongolia and South Korea Mongolia and Taiwan Mongolia and the world Mongolia and Tibet Mongolia and Turkey Mongolia and UK Mongolia and Ukraine Mongolia and UN Mongolia and USA Mongolia and Vietnam Mongolia Banking Mongolia civic society Mongolia crime Mongolia diplomacy Mongolia Economy Mongolia Education Mongolia Energy Mongolia Finance Mongolia Health Mongolia History Mongolia holiday Mongolia in international media Mongolia Industries Mongolia Joke Mongolia law Mongolia LGBT Mongolia medical Mongolia military Mongolia Mining Mongolia Mining Developments Mongolia Mortgage Mongolia natural disaster Mongolia Petroleum Mongolia public announcements Mongolia railways Mongolia Religion Mongolia society Mongolia Sports Mongolia Stamp Mongolia telecommunication Mongolia tourism Mongolia Urbanization Mongolia Wild Life Mongolian Agriculture Mongolian Archeology Mongolian Food Mongolian Gay Mongolian Government news Mongolian History Mongolian Military Mongolian Mining Development Mongolian Movie Mongolian News Mongolian Parliament Mongolian Political news Mongolian Press Mongolian Songs Mongolian Women Mongolian Youth Mongolians abroad Moninfo Opinion Oyu Tolgoi Investment Agreement Photo news Press Release Rio Tinto Tavan Tolgoi coal mine Ulaanbaatar development Weird expatriates in Mongolia

Blog Archive

Followers

Live Traffic