Joe Crowley: “I rise in support of the Ex-Im Bank reauthorization legislation before us. This bill will strengthen the Ex-Im Bank's…”

“I rise in support of the Ex-Im Bank reauthorization legislation before us. This bill will strengthen the Ex-Im Bank's ability to allow American companies to compete in the global market as we try to increase our exports and increase our global competitiveness and create more and better paying jobs right here in the United States. This is a bill about exporting products, not a bill about exporting jobs. Additionally, I am happy to say both the Senate and House versions of this bill include language that I coauthored pertaining to the nation of Armenia, a great ally of our country. My language, done with Congressman Ed Royce on the other side of the aisle and Congressman Brad Sherman, prohibits the Ex-Im Bank from funding any railway projects from Azerbaijan through Jordan and Turkey which specifically and intentionally bypasses Armenia. I am very pleased that this language was included in the final version of this legislation. This language will assist in promoting stability in the Caucasus region, help in ending longstanding conflicts and save U.S. taxpayers the responsibility of funding a project that goes against U.S. interests.”