12 USC 635g-1 - Annual competitiveness report

U.S Code last checked for updates: May 08, 2024

§ 635g–1.

Annual competitiveness report

(a)

In general

Not later than June 30 of each year, the Bank shall submit to the appropriate congressional committees a report that includes the following:

(1)

Actions of Bank in providing financing on a competitive basis, and to minimize competition in government-supported export financing

(2)

Role of Bank in implementing strategic plan prepared by the Trade Promotion Coordinating Committee

(3)

Tied aid credit program and fund

(4)

Purpose of all Bank transactions

(5)

Efforts of Bank to promote export of goods and services related to renewable energy sources

(6)

Size of Bank program account

A separate section which—

(A)

compares, to the extent practicable, the size of the Bank program account with the size of the program accounts of the other major export-financing facilities referred to in paragraph (1); and

(B)

makes recommendations, if appropriate, with respect to the relative size of the Bank program account, based on factors including whether the size differences are in the best interests of the United States taxpayer.

(7)

Co-financing programs of the Bank and of other export credit agencies

(8)

Services supported by the Bank and by other export credit agencies

(9)

Export finance cases not in compliance with the arrangement

(10)

Foreign export credit agency activities not consistent with the WTO agreement on subsidies and countervailing measures

(b)

Inclusion of additional comments

(c)

Appropriate congressional committees

(July 31, 1945, ch. 341, § 8A, as added Pub. L. 109–438, § 13(a), Dec. 20, 2006, 120 Stat. 3277.)

cite as: 12 USC 635g-1