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July 13, 2018

International funding is good business

Brenda Jones Barwick, APR – President and CEO

When foreign countries have stable economies and governments, it’s good business for Oklahoma. More than 401,000 jobs, or 18%, are supported by trade, and $5 billion worth of Oklahoma goods were exported in 2016.

The U.S. Export-Import Bank financed $882 million in exports from 90 Oklahoma companies, and Overseas Private Investment Corp. has invested $733 million in state companies since 1972.

The U.S. Global Leadership Coalition, in partnership with the Governor’s International Team, urged Oklahoma’s congressional delegation to support funding the international affairs budget, a mere 1.4% of the total federal budget. What a deal.

Originally posted on The Oklahoma 100.

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