CDC Releases New Facility Guidance after NAM Request
Responding to the request from our members, the NAM has been calling on the Centers for Disease Control and Prevention to give manufacturers clearer guidance on how to operate safely during the COVID-19 outbreak. CDC Director Dr. Robert Redfield has now provided us with this letter and this additional guidance, which the NAM requested and which you can use to supplement your current plans and response efforts. In addition, the CDC provided more specifics and best practices in an NAM–Manufacturing Leadership Council webinar. Read a summary of the webinar here and listen here.
Export-Import Bank Delivers Flexibility and Liquidity for Manufacturers
The Ex-Im Bank Board of Directors has approved a resolution to support four temporary measures to help inject liquidity into the market and provide maximum flexibility for exporters and suppliers. You can find more information about these measures here, which include temporary bridge financing, progress delivery payment financing, supply chain finance guarantees and working capital guarantee expansion. This comes on top of the Ex-Im’s initial relief measures. Contact NAM Director of Trade Facilitation Policy Ali Aafedt to learn more.