Import bank with chair Kimberly Reed. This is an hour and 20 minutes. [inaudible conversations] the committee will come t the committee will come to order. Today the committee turns its focus to the export import of the United States. Just last month the Senate Confirmed Kimberly Reed to be president and chairman of the Export Import Bank along with board member spencer bach cuss and judith pryor. The nominations of claudia slei Board Members are approved by this committee and pending on the full senate floor. United states exporters are able to compete very effectively in intern International Markets on the basis of price and quality. However, when foreign governments provide subsidies as a matter of policy and general practice to their exporters, u. S. Exporters are placed at a competitive disadvantage purely because of such financing arrangements. According to the 2017 xm bank, competitiveness report, chinese export credit agencies provided more medium and longterm investment suppor
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