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COVID-19: US Stops Export Of Medical Supplies, Equipment

The Export-Import Bank of the United States (EXIM) Board of Directors had on Tuesday, reportedly approved to the new measures put in place to ensure that the country has enough medical supplies and equipment made available to Americans.

This decision to combat and prevent the spread of the COVID-19 pandemic was reportedly taken during an open board meeting with the general public through teleconference.

The purpose suspends EXIM coverage or financing any other exports of critically needed personal protective equipment (PPE) and other supplies.
The board has also considered some items identified by President Donald Trump, Department of Health and Human Service (HHS), Department of Homeland Security, Federal Emergency Management Agency and other U.S. Government agencies as being scarce.

This items includes masks, respirators, gloves, Tyvek suits, similar protective wear and face shields. The EXIM President and Chairman Kimberly A Reed said that the urgency of combating this virus requires the whole government approach to protect the American citizens. He said the steps were taken to ensure that EXIM was doing its part to help in the fight against coronavirus in the United States.

He also mentioned how necessary this restrictions which is focused on COVID19 medical supplies will take place, says EXIM will remain open for business to help support the export of other important Made in USA health care products. He noted that this order will continue through September 30th, 2020 unless the votes again to terminate the measures earlier.

Nonetheless China has just approved an early stage human test of two experimental coronavirus vaccines.

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