The Ambassador of Italy Armando Varricchio discussed with Kimberly Reed, Chairman of the EX-IM Bank proposals for operational collaboration in support of the Italian companies. The call is a direct follow-up to the actions envisaged by President Trump's April 10 Memorandum for assistance to Italy, specifically tailored for support to the economic sectors most affected by the pandemic.

Chairman and President Reed underlined Ex-Im Bank availability to activate an operational collaboration with SACE (Servizi Assicurativi Credito all'Esportazione) through ad hoc credit lines, benefiting in particular Italian small and medium-sized enterprises active in the supply of goods and services to the USA.