The head of the Export-Import Bank of the United States (EXIM) President signed two memoranda of understanding with the governments of Barbados and Saint Kitts and Nevis, securing a total of "up to $800 million in potential financing to support financing in cybersecurity, renewable energy, and critical areas for the region’s long-term growth and sustainability," according to a Bank announcement
The announced sum represents a thirty-five fold increase from the amount of business EXIM has done with the two countries over the past 35 years. No specific projects have been identified.
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