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Brief
The Export-Import Bank Reauthorization Act of 2012 aims to reauthorize the Export-Import Bank of the United States and make various improvements to its operations, including enhancing risk management, improving due diligence standards, and increasing transparency. The Act sets forth specific requirements for the Bank's reporting and auditing practices, as well as provisions related to financing for small businesses and exporters. Additionally, it prohibits the Bank from providing financing to certain individuals or entities involved in sanctionable activities with respect to Iran.
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