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☆ US DFC considers $500 mln loan to Vietnamese EV maker VinFast
▼ + stars: | 2023-12-04 | by ( ) www.reuters.com time to read: +1 min

A Vinfast electric vehicle store is shown at one of the company's retail locations in San Diego, California, U.S.,October 20, 2023. REUTERS/Mike Blake/File Photo Acquire Licensing RightsHANOI, Dec 4 (Reuters) - The United States International Development Finance Corporation (DFC) has signed a letter of interest with electric vehicles maker VinFast to consider the Vietnamese company's application for a $500 million loan for expansion, VinFast said on Monday. The loan, which will be used to support VinFast's establishment of lithium-ion battery manufacturing facilities in Vietnam, is subject to a comprehensive review and approval process by DFC, the carmaker said in a statement. DFC said on X, formerly Twitter, that it had signed the letter of interest to support VinFast's lithium-ion battery facilities in Vietnam, but did not provide details. The project will be the first in a series of initiatives actively discussed by the two parties, VinFast said.

Persons: Mike Blake, VinFast, Phuong Nguyen, Kanupriya Kapoor Organizations: REUTERS, Rights, United States International Development Finance Corporation, Vietnam's, Nasdaq, Thomson Locations: San Diego , California, U.S, Rights HANOI, Vietnam, California, Southeast Asia

☆ China Is Lending Billions to Countries in Financial Trouble
▼ + stars: | 2023-11-06 | by ( Keith Bradsher | More About Keith Bradsher | ) www.nytimes.com time to read: +1 min

China’s early, rapid expansion of the Belt and Road Initiative alarmed U.S. officials, who saw the program as eroding American influence. The Trump administration and Congress merged and expanded two agencies in 2018 to create the development finance corporation. Between 2014 and 2017, AidData found, China was providing nearly three times as much development financing as the United States. But by 2021, China was outspending the United States by only 30 percent. (The American loan for up to $553 million would be for expansion of the busy port in Colombo, Sri Lanka’s capital and main city.)

Persons: Trump, China’s, AidData, Mahinda Rajapaksa Organizations: United States International Development Finance Corporation, Initiative Locations: Greece, Sri Lanka, China, United States, Hambantota, Colombo, Sri

☆ România va obţine o finanţare de 7 miliarde de dolari din SUA pentru proiecte energetice printr-un memorandum încheiat la Washington
▼ + stars: | 2020-10-10 | by ( ) tvrmoldova.md time to read: +3 min

România a identificat interesul SUA şi pentru o componentă de finanţare de 7 miliarde de dolari pentru dezvoltarea proiectelor din domeniul energetic printr-un Memorandum de Înţelegere cu Exim US. În plus, se creează cadrul unei ample cooperări între România şi SUA în domeniul nuclear civil. În acelaşi timp, ne dorim ca pe lângă partenerii americani să îi avem parteneri şi pe canadieni şi francezi. Dovedim astăzi că se pot obţine parteneriate serioase, predictibile, dacă există voinţă politică şi muncă susţinută. Vreau să mulţumesc tuturor celor care s-au implicat pentru ca acest acord şi memorandumul să devină realitate.

Persons: Dan Brouillette, Russell, Popescu ., Klaus Iohannis, Donald Trump, Ludovic Orban, Adrian Zuckerman, Popescu Organizations: US, NATO, Economiei, Energiei, Washington DC, United States International Development Finance Locations: România, SUA, Washington, Cernavodă, Statele Unite ale Americii, Statelor Unite ale Americii, relaţia, ţara

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