12 U.S.C. § 635t — Definitions

For purposes of this subchapter— (1) the term “ tied aid credit ” means credit— (A) which is provided for development aid purposes; (B) which is tied to the purchase of exports from the country granting the credit; (C) which is financed either exclusively from public funds, or, as a mixed credit, partly from public and partly from private funds; and (D) which has a grant element, as defined by the Development Assistance Committee of the Organization for Economic Cooperation and Development, greater than zero percent; (2) the term “ government-mixed credits ” means the combined use of credits, insurance, and guarantees offered by the Export-Import Bank of the United States with concessional financing or grants offered by the Agency for International Development to finance exports; (3) the term “ public-private cofinancing ” means the combined use of either official development assistance or official export credit with private commercial credit to finance exports; (4) the term “ blending of financings ” means the use of various combinations of official development assistance, official export credit, and private commercial credit, integrated into a single package with a single set of financial terms, to finance exports; (5) the term “ parallel financing ” means the related use of various combinations of separate lines of official development assistance, official export credits, and private commercial credit, not combined into a single package with a single set of financial terms, to finance exports; and (6) the term “ Bank ” means the Export-Import Bank of the United States . ( Pub. L. 98–181, title I [title VI, § 647], Nov. 30, 1983 , 97 Stat. 1265 .)

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