BUSINESS - US bank offers credit incentives on Burmese trade

The US Export-Import Bank on Thursday began to offer credit for trade with Burma, AFP reported. Officials said they hoped to boost US exports and jobs by providing similar terms as credit agencies from European and Asian nations, whose governments have gone even further in ending barriers to trade with the once pariah state. Effective immediately, US exporters can turn to the Export-Import Bank to seek credit insurance on their products, direct loans or loan guarantees.