To amend and extend the Export-Import Bank act of 1945: hearings before the Subcommittee on International Trade, Investment, and Monetary Policy of the Committee on Banking, Finance, and Urban Affairs, House of Representatives, Ninety-fifth Congress, second session, on H.R. 11384 ...
United States. Congress. House. Committee on Banking, Finance, and Urban Affairs. Subcommittee on International Trade, Investment, and Monetary Policy
U.S. Government Printing Office, 1978
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activities additional agencies agreement amended American amount annual assistance authority balance Bank's basis believe billion borrowing capital Chairman NEAL changes commitment Committee companies competitive competitors concerned Congress continue cost countries Department developing direct dollar domestic economic effect efforts equipment exchange Exim Eximbank expand export credit export financing Export-Import Bank extension facilities factors financing foreign funds give going growth guarantees important increase industry institutions interest investment issues Italy Japan legislation lending less limited loans lost machinery major manufacturers meet ment negotiations objectives offer official operations Panama particular payments percent period position present President problem programs proposed question rates reasons represents require response restrictions result risks role sector textile Thank tion trade transactions U.S. exports United
Сторінка 185 - Is authorized to use as a public debt transaction the proceeds from the sale of any securities issued under the Second Liberty Bond Act, as amended...
Сторінка 169 - To facilitate the expansion and balanced growth of international trade, and to contribute thereby to the promotion and maintenance of high levels of employment and real income and to the development of the productive resources of all members as primary objectives of economic policy.
Сторінка 169 - Bank shall be to aid in financing and to facilitate exports and imports and the exchange of commodities between the United States or any of its Territories or insular possessions and any foreign country or the agencies or nationals thereof.
Сторінка 170 - It is the policy of the Congress that the Bank in the exercise of its functions should supplement and encourage and not compete with private capital, and that loans, so far as possible consistently with carrying out the purposes of subsection (a), shall generally be for specific purposes, and, in the judgment of the Board of Directors, offer reasonable assurance of repayment.
Сторінка 269 - Bank is directed, in the exercise of its functions, to provide guarantees, insurance, and extensions of credit at rates and on terms and other conditions which are competitive with the Governmentsupported rates and terms and other conditions available for the financing of exports from the principal countries whose exporters compete with United States exporters.
Сторінка 185 - Payment of the $825 million balance of such capital stock shall be subject to call at any time in whole or in part by the Board of Directors of the Bank.
Сторінка 18 - ... the Board of Directors, offer reasonable assurance of repayment; and that in authorizing any loan or guarantee, the Board of Directors shall take into account any serious adverse effect of such loan or guarantee on the competitive position of United States industry, the availability of materials which are in short supply in the United States...
Сторінка 185 - ... of the subscription of the United States to the Bank and repayments thereof shall be treated as public-debt transactions of the United States. Certificates evidencing stock ownership of the United States shall be issued by the Bank to the President of the United States, or to such other person or persons as he may designate from time to time to the extent of the common and preferred stock surrendered and other payments made for the capital stock of the Bank under this section.
Сторінка 14 - It is the declared policy of the Congress that the Government should aid, counsel, assist, and protect insofar as is possible the interests of small business concerns in order to preserve free competitive enterprise...