Browse Arkansas Code titles and sections

12 U.S.C. § 635q — Establishment of tied aid credit program in United States Export-Import Bank

Federal law — U.S. Code and appendices · legal_authorities

12 U.S.C. § 635q — Establishment of tied aid credit program in United States Export-Import Bank

**(a) Establishment and elements of program; cooperation with Trade and Development Agency and private institutions and entities** (1) The Chairman of the Export-Import Bank of the United States shall establish, within the Export-Import Bank of the United States, a program of tied aid credits for United States exports. (2) The program shall be carried out in cooperation with the Trade and Development Agency and with private financial institutions or entities, as appropriate. (3) The program may include— (A) the combined use of the credits, loans, or guarantees offered by the Export-Import Bank of the United States with concessional financing or grants made available under [section 635r(d) of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title12-section635r/d&num=0&edition=prelim), by methods including the blending of the financing of, or parallel financing by, the Bank and the Trade and Development Agency; and (B) the combined use of credits, loans, or guarantees offered by the Bank, with financing offered by private financial institutions or entities, by methods including the blending of the financing of, or parallel financing by, the Bank and private institutions or entities. **(b) Purpose of program** The purpose of the tied aid credit program under this section is to offer or arrange for financing for the export of United States goods and services which is substantially as concessional as foreign financing for which there is reasonable proof that such foreign financing is being offered to, or arranged for, a bona fide foreign competitor for a United States export sale. **(c) Fund** The Chairman of the Bank is authorized to establish a fund, as necessary, for carrying out the tied aid credit program described in this section. **

Source: Supplied U.S. Code snapshot — release unconfirmed · 12 U.S.C. § 635q

Stored review status: release_metadata_unconfirmed. A text match is a research starting point; applicability is not established.

Original supplied file — preserved unchanged

Download original Markdown file

File SHA-256: 1f50894c2d83e53ecd3988548618913fe3faedced5cb5b46f24d3940bd90cdf9. The original may include catalog metadata, neighboring provisions, or embedded records outside this collection's scope. Search shows only the selected federal record. Historical editions and unverified snapshots are not a statement of current law.

Authority boundary: historical or unconfirmed source not current law verified.

Open the recorded source website ↗

Record provenance

Stable record: federal_law:legal_authorities:record_usc_bf84fae35663385e22e025f3
Source file: Laws/federal/codes/united-states-code/title-12/section-635q-establishment-of-tied-aid-credit-program-in-united-states-export-import--3837eb3bfa.md
Pages: Not recorded – Not recorded
Passage SHA-256: 4495d6bb93b5b933c722c8d079cbbd403278a65b1147267dd7a190be6a94a1d6

Source location: Title 12, Chapter 6A, § 635q; chapter-6a-export-import-bank-of-the-united-states.md

Stored source content

Cross-references

Connections may be documented source relationships, shared citations or nearby passages. Each explains its basis; a connection alone does not establish applicability to your situation.

Federal law — U.S. Code and appendices · legal_authorities

5 U.S.C. § 5314 — Positions at level III

Level III of the Executive Schedule applies to the following positions, for which the annual rate of basic pay shall be the rate determined with respect to such level under chapter 11 of title 2, as adjusted by [section 5318 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title5-section5318&num=0&edition=prelim):

Source: Supplied U.S. Code snapshot — release unconfirmed · 5 U.S.C. § 5314

Stored review status: release_metadata_unconfirmed. Explicit cross-reference supplied in source Markdown; currentness and applicability require review.

Federal law — U.S. Code and appendices · legal_authorities

22 U.S.C. § 2421 — Trade and Development Agency

**(a) Purpose** The Trade and Development Agency shall be an agency of the United States under the foreign policy guidance of the Secretary of State. The purpose of the Trade and Development Agency is to promote United States private sector participation in development projects in developing and middle-income countries, with special emphasis on economic sectors with significant United States export potential, such as energy, transportation, telecommunications, and environment. **(b) Authority to provide assistance** (1) **Authority** — The Director of the Trade and Development Agency is authorized to work with foreign countries, including those in which the United States development programs have been concluded or those not receiving assistance under subchapter I of this chapter, to carry out the purpose of this section by providing funds for feasibility studies, architectural and engineering design, and other activities related to development projects which provide opportunities for the use of United States exports. (2) **Use of funds** — Funds under this section may be used to provide support for feasibility studies for the planning, development, and management of, and procurement for, bilateral and multilateral development projects, including training activities undertaken in connection with a project, for the purpose of promoting the use of United States goods and services in such projects. Funds under this section may also be used for architectural and engineering design, including— (A) concept design, which establishes the basic technical and operational criteria for a project, such as architectural drawings for a proposed facility, evaluation of site constraints, procurement requirements, and equipment specifications; and (B) detail design, which sets fo

Source: Supplied U.S. Code snapshot — release unconfirmed · 22 U.S.C. § 2421

Stored review status: release_metadata_unconfirmed. Explicit cross-reference supplied in source Markdown; currentness and applicability require review.

Federal law — U.S. Code and appendices · legal_authorities

12 U.S.C. § 635r — Establishment of tied aid credit program administered by Trade and Development Agency

**(a) Establishment and elements of program** The Director of the Trade and Development Agency shall carry out a program of tied aid credits for United States exports. The program shall be carried out in cooperation with the Export-Import Bank of the United States and with private financial institutions or entities, as appropriate. The program may include— (1) the combined use of the credits, loans, or guarantees offered by the Bank with concessional financing or grants made available under subsection (d), by methods including the blending of the financing of, or parallel financing by, the Bank and the Trade and Development Agency; and (2) the combination of concessional financing or grants made available under subsection (d) with financing offered by private financial institutions or entities, by methods including the blending of the financing of, or parallel financing by, the Trade and Development Agency and private institutions or entities. **(b) Combination of funds with financing by Export-Import Bank or private commercial financing** These funds may be combined with financing by the Export-Import Bank of the United States or private commercial financing in order to offer, or arrange for, financing for the exportation of United States goods and services which is substantially as concessional as foreign financing for which there is reasonable proof that such foreign financing is being offered to, or arranged for, a bona fide foreign competitor for a United States export sale. **(c) Limitation on use of Agency funds; authorization for establishment of fund** (1) Funds which are used to carry out a tied aid credit program authorized by subsections (a) and (b) shall be offered only to finance United States exports which can reasonably be expected to contribute to

Source: Supplied U.S. Code snapshot — release unconfirmed · 12 U.S.C. § 635r

Stored review status: release_metadata_unconfirmed. Explicit cross-reference supplied in source Markdown; currentness and applicability require review.

Federal law — U.S. Code and appendices · legal_authorities

12 U.S.C. § 635q — Establishment of tied aid credit program

Page 254 TITLE 12—BANKS AND BANKING § 635p govern the use of export credit subsidies gen- erally. (Pub. L. 98–181, title I [title VI, § 642], Nov. 30, 1983, 97 Stat. 1263.) Editorial Notes REFERENCES IN TEXT This subchapter, referred to in text, was in the origi- nal ‘‘this part’’, meaning part C (§§ 641–647, 650) of title VI of Pub. L. 98–181, title I, Nov. 30, 1983, 97 Stat. 1263, known as the Trade and Development Enhancement Act of 1983, which enacted this subchapter and section 1671g of Title 19, Customs Duties, and amended sections 1671a and 1671b of Title 19. For complete classification of this Act to the Code, see Short Title note below and Tables. Statutory Notes and Related Subsidiaries SHORT TITLE Pub. L. 98–181, title I [title VI, § 641], Nov. 30, 1983, 97 Stat. 1263, provided that: ‘‘This part [part C (§§ 641–647, 650) of title VI, enacting this subchapter and section 1671g of Title 19, Customs Duties, and amending sec- tions 1671a and 1671b of Title 19] may be referred to as the ‘Trade and Development Enhancement Act of 1983’.’’ § 635p. Presidential mandate to negotiate; objec- tives The President shall vigorously pursue negotia- tions to limit and set rules for the use of tied aid for exports. The negotiating objectives of the United States should include reaching agree- ments— (1) to define the various forms of tied aid credit, particularly mixed credits under the Arrangement on Guidelines for Officially Sup- ported Export Credits established through the Organization for Economic Cooperation and Development (hereinafter in this subchapter referred to as the ‘‘Arrangement’’); (2) to phase out the use of government-mixed credits by a date certain; (3) to set rules governing the use of public- private cofinancing, or other form

Source: Supplied 2024 U.S. Code historical extraction · 12 U.S.C. § 635q

Stored review status: historical_2024_not_currentness_verified. Same stored citation; legal effect and authority still require review.