12 U.S.C. § 635a-1 : US Code - Section 635A-1: Export credit competition

Search 12 U.S.C. § 635a-1 : US Code - Section 635A-1: Export credit competition

(a) The President is authorized and requested to begin
negotiations at the ministerial level with other major exporting
countries to end predatory export financing programs and other
forms of export subsidies, including mixed credits, in third
country markets as well as within the United States. The President
shall report to the Congress prior to January 15, 1979, on progress
toward meeting the goals of this section.
(b) The Export-Import Bank of the United States is authorized to
provide guarantees, insurance, and extensions of credit at rates
and terms and other conditions which are, in the opinion of the
Board of Directors of the Bank, competitive with those provided by
the government-supported export credit instrumentalities of other
nations.