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Rice Farmers Anticipate Iraqi Rice Purchases with Help of ExIm Bank

A recent loan of $450 million from the U.S. Export-Import Bank to Iraq is expected to provide a significant boost to U.S. rice exports to Iraq. Iraq has long been a significant importer of U.S. rice, and the financing provided by the U.S. Ex-Im Bank is expected to directly benefit U.S. rice farmers by adding sales to Iraq.

More below:

https://www.usarice.com/news-and-events/publications/usa-rice-daily/article/usa-rice-daily/2020/08/17/new-loan-positions-iraq-to-purchase-u.s.-rice

https://www.agri-pulse.com/articles/14295-rice-farmers-hope-cash-infusion-spurs-iraqi-imports

https://www.exim.gov/news/exim-board-votes-notify-congress-potential-450-million-transaction-support-exports-iraq-and