Virginia Nuclear Energy Consortium Urges the Virginia Congressional Delegation to Support Reauthorization of the U.S. Export-Import Bank

FOR IMMEDIATE RELEASE
October 23, 2015
Contact: April Wade
703-672-3883
[email protected]

Arlington, VA – The Virginia Nuclear Energy Consortium (VNEC) has urged the Virginia congressional delegation to support reauthorization of the U.S. Export-Import (Ex-Im) Bank.

In a letter to the delegation VNEC Chairman Alireza Haghighat said, “The Ex-Im Bank has helped more than 113 Virginia companies by supporting more than $1.7 billion in exports in just the last several years. These sales and projects have helped to support more than 11,000 jobs in the Commonwealth, and in many cases simply could not happen without the reauthorization of the Ex-Im Bank.”

VNEC’s support for the Ex-Im Bank is predicated on support for the Virginia supply chain of companies that helps keep America’s nuclear energy facilities running. Virginia nuclear energy suppliers must compete against international rivals that are supported by their governments.

“Passage of the Ex-Im Bank reauthorization will guarantee a level playing field for Virginia companies seeking to compete in international markets,” said Haghighat.

– ### –