Extension of the tied aid credit fund of the Export-Import Bank
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Extension of the tied aid credit fund of the Export-Import Bank report of the Committee on Banking, Housing, and Urban Affairs, United States Senate, to accompany S. 1704. by United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs.

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Published by U.S. G.P.O. in Washington .
Written in English

Subjects:

  • Export-Import Bank of the United States.,
  • Export credit -- United States.

Book details:

Edition Notes

SeriesReport / 101st Congress, 1st session, Senate -- 101-153.
The Physical Object
Paginationiii, 8 p. ;
ID Numbers
Open LibraryOL17836444M

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TIED AID CREDIT FUND EXTENSION. (a) IN GENERAL.—Section 15(cX2) of the Export-Import Bank Export-Import Bank Act of (12 U.S.C. i-3(e)) is amended to read as follows: "(e) AUTHORIZATION.—^There are authorized to be appropriated to the Fund $,, for each of fiscal years , , and. Export-Import Bank and Tied Aid Credit Amendments of Pub. L. , title III, subtitle D (Sec. et seq.), Aug. 23, , Stat. Short title, see 12 U.S.C. note.   in such cases, the Export-Import Bank of the United States should continue to use the Tied Aid Credit Fund established by section 15(c) [now 10(c)] of the Export-Import Bank Act of [12 U.S.C. i–3(c)] to discourage the use of such predatory financing practices.”. Sec. 2(a)(1). There is created a corporation with the name Export-Import Bank of the United States, which shall be an agency of the United States of America. The objects and purposes of the Bank shall be to aid in financing and to facilitate exports of goods and services, imports, and the exchange of commodities and.

Summary of H.R. (th): Export-Import Bank Reauthorization Act of determining how the Tied Aid Credit Fund could be used most effectively and efficiently to target the export markets of countries which make extensive use of tied aid or partially untied aid credits for commercial advantage.(Sec. 10) Directs the Secretary to. In the mid s, the US Congress had created a USD$ million 'war chest' that could be used by the US Export-Import Bank to initiate tied aid offers (Evans and Oye, ). Irrespective of the. The Export-Import Bank of the United States (EXIM or the Bank) lacks a board quorum and is. therefore unable to approve long-term (LT) export finance transactions. Consequently, this report represents the second consecutive year in which the Competitiveness Report focuses on the changes other export credit agencies (ECAs) are making to. Interviews with Export-Import Bank officials, See also Export-Import Bank, Report to the U.S. Congress on Export Credit Competition and the Export-Import Bank of the United States for the Period January 1, , through Decem (mimeograph, 06 ), pp. 9, 41, and 49–

Export-Import Bank Reauthorization Act of 12 use note. Tied Aid Credit Fund could be used most effectively and Secretary of the Treasury, that the extension of the tied aid credit would materially impede achieving the purposes described in subsection (a)(6).   Get this from a library! Competitive Tied Aid Fund Act: markup before the Committee on Foreign Affairs, House of Representatives, Ninety-ninth Congress, second session, on H.R. , February 4, [United States. Congress. House. Committee on Foreign Affairs.].   Get this from a library! Reauthorization of the tied aid war chest: hearing before the Subcommittee on International Finance of the Committee on Banking, Housing, and Urban Affairs, United States Senate, One Hundred Fourth Congress, first session Ma [United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs. ‘‘(II) The Tied Aid Credit Fund will be used to counter a foreign tied aid credit confronted by a United States exporter when bidding for a capital project. ‘‘(III) Credible information about an offer of foreign tied aid will be required before the Tied Aid Credit Fund is .