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Moon issues statement on Congress' Ex-Im Bank vote

Jay Moon

Jay Moon

JACKSON — Following House and Senate passage of a continuing resolution that temporarily reauthorizes the Export-Import (Ex-Im) Bank, Mississippi Manufacturers Association (MMA) President and CEO Jay C. Moon has issued a statement.

“Mississippians, along with others across the nation, have brought to Congress’ attention the vitality of what the Export-Import Bank means to the United States,” Moon said. “Congress has given the Ex-Im an extension, but it is still uncertain how long this extension will last.

“Since 2009, Ex-Im has supported 1.2 million private sector, American jobs. In 2013 alone, the agency supported 205,000 jobs, 1,046 of which were Mississippi jobs, and had a broad impact on the manufacturing sector.

“We operate in a global trade environment, where 95 percent of the world’s customers live outside the U.S. It’s important for U.S. companies to compete on a level playing field with heavily subsidized foreign exporters. I urge you to continue to make your voice heard by letting your congressmen know why Ex-Im is important for manufacturers so they will reauthorize Ex-Im once and for all.”

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