EXPORT-IMPORT BANK NAMED WORLD'S "BEST EXPORT CREDIT AGENCY"

FROM:  U.S. EXPORT-IMPORT BANK
Ex-Im Bank Recognized as World’s “Best Export Credit Agency” by Trade and Forfaiting Review Magazine

London, United Kingdom – The Export-Import Bank of the United States (Ex-Im Bank) has received the world's "Best Export Credit Agency" award by Trade and Forfaiting Review (TFR) as part of their 2013 Excellence Awards, the publication has announced.

Ex-Im Bank Chairman and President Fred P. Hochberg said, "We are very honored to receive this award. Being named the world's 'Best Export Credit Agency (ECA)' recognizes the hard work and innovation that the Ex-Im Bank staff has put in to create and support American jobs and increase the global competitiveness of U.S. exporters." Hochberg added: "This is the second award we've received in the past several weeks naming us the "best ECA" in the world, a clear acknowledgement of the success of Ex-Im's focus on meeting the export financing needs of U.S. exporters, foreign buyers, and lenders."

Clarissa Dann, editor of Trade and Forfaiting Review, a global magazine dedicated to trade and commodity finance information provision, said: "TFR's awards have been one of the high spots of the trade finance calendar and the sheer scale of the U.S. Ex-Im Bank's support for exports to over 150 countries, along with the innovation displayed in the actual deals ­– plus its ability to work with its private sector partners has clearly inspired a new tranche of voters." On behalf of all here at TFR, well done and keep up the good work!"

The TFR 2013 Excellence Awards will appear in the July/August edition of Trade and Forfaiting Review with the full winner profiles forming a special focus.

Additionally, in late June Trade Finance Magazine gave Ex-Im Bank a number of awards including "Best Global Export Credit Agency" (ECA) for the second time and the "Best ECA in the Americas" for the fourth consecutive time.

STATE DEPARTMENT SUPPORTS AMERICAN 2012 CRITICAL LANGUAGE SCHOOLARSHIPS

FROM:  U.S. STATE DEPARTMENT

U.S. Department of State Supports More than 630 American 2012 Critical Language Scholarship Participants for Intensive Summer Institutes in 14 countries

Media Note

Office of the Spokesperson

Washington, DC

May 30, 2012

The Department of State’s Bureau of Educational and Cultural Affairs (ECA) is supporting 631 U.S. undergraduate and graduate students to study critical languages through the 2012 Critical Language Scholarship (CLS) Program. Participants will attend an intensive seven-to-ten week institute in one of 14 countries this summer where Arabic, Azerbaijani, Bangla/Bengali, Chinese, Hindi, Korean, Indonesian, Japanese, Persian, Punjabi, Russian, Turkish, or Urdu are predominantly spoken. Students hailing from all 50 states, the District of Columbia and Puerto Rico, a wide range of 252 U.S. colleges and universities, and many academic disciplines were chosen from more than 5,200 applicants through a merit-based selection process.

 The U.S. Department of State launched the Critical Language Scholarships for Intensive Summer Institutes in 2006 to increase opportunities for American students to study critical languages overseas. The program, which is administered by the Council of American Overseas Research Centers and the American Councils for International Education, is part of a wider U.S. government effort to expand the number of Americans studying and mastering critical languages.

 The CLS Program allows participants to develop fluency in their targeted critical language and cultural competency in their host country through group-based intensive language instruction and structured cultural enrichment experiences. CLS participants are expected to continue their language study beyond this scholarship and apply their critical language skills in their career plans.

 Beginning May 29, participants attend country-specific orientations in Washington, D.C., before departing for their respective institutes. During the orientations, students will learn information about their host countries, strategies for successful language learning, and ideas for incorporating language skills into their career plans. They will also interact with officials from ECA, CLS alumni, embassy representatives from the host countries, and panelists representing government, academia, nonprofits and business.

 CLS Program participants are among the more than 40,000 academic and professional exchange program participants supported annually by ECA to promote mutual understanding and respect between the people of the United States and the people of other countries.

 Please visit our websites at http://www.clscholarship.org and http://exchanges.state.gov to learn more about the CLS Program or other exchange programs offered by ECA.