Please be advised that the Country Limitation Schedule (CLS) as published by the Export-Import Bank of the U.S. (“Ex-Im Bank”) has been updated and will be effective August 30, 2013.
Once published, the new CLS may be accessed on-line at: http://www.exim.gov/tools/countrylimitationschedule/index.cfm.
To see the specific changes to the CLS, click here.
- Policy-level Country Coverage updates include: Maldives and Rwanda
- Note-level changes for 16 countries (including no new applications Note #12 for Cyprus)
- Text change amending CLS Note #2 for China
The CLS indicates where Ex-Im Bank is “open for cover” and where Ex-Im Bank is “off-cover.” The “open for cover” designation refers to the possibility, rather than the certainty, of Ex-Im Bank support in particular cases. Where the CLS presents an “X,” Ex-Im Bank is “off-cover” and is therefore not willing to consider approval of routine transactions. These “off-cover” determinations are due to economic and/or political risks associated with the country.
Information provided courtesy of Trade Acceptance Group, Ltd. Trade Acceptance Group is a specialty financial services company founded by seasoned international banking professionals to provide innovative trade finance solutions.
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