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U.S. Ex-Im Bank Makes Preliminary Commitment to 5G in Costa Rica

The board of directors of the U.S. Export-Import Bank approved a preliminary commitment to lend $300 million to the government of Costa Rica’s Instituto Costarricense de Electricidad & Subsidiaries for equipment and services from trusted vendors to deploy a 5G…

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Export Compliance Daily combines U.S. export control news, foreign border import regulation and policy developments into a single daily information service that reliably informs its trade professional readers about important current issues affecting their operations.

network, the bank said Friday. Ex-Im "financing can play a key role in ensuring 5G telecommunications infrastructure is built and supported by trusted vendors,” said President and Chair Reta Jo Lewis.