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This bill amends the Export-Import Bank Act of 1945 to codify and expand the Regional Export Promotion Program, which partners the Export-Import Bank with state, county, and local economic development entities to increase export opportunities for regional businesses. The bill establishes a 5-year pilot program to focus on small businesses in underserved regions, prioritizing partnerships with entities serving HUBZones, community development financial institutions, minority depository institutions, chambers of commerce, and community banks. The pilot program would provide specialized training, export credit insurance products tailored for small businesses, and streamlined application processes. The Export-Import Bank President must submit annual reports to Congress detailing program participation, utilization metrics, and recommendations for continuation.
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