Foreign Commerce Study |
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Page 3
... coverage in the field of export credit insurance . Senator PASTORE . For the purposes of the record , can you give an example as to procedure ? How does the request for the loan origi- nate ? Is it by an individual who seeks to buy ...
... coverage in the field of export credit insurance . Senator PASTORE . For the purposes of the record , can you give an example as to procedure ? How does the request for the loan origi- nate ? Is it by an individual who seeks to buy ...
Page 23
... covered , I think , in the questions , but I presume for the record I had better go right on through the state- ment . Senator PASTORE . No ; we can have it all inserted in the record in its entirety and then you can emphasize the ...
... covered , I think , in the questions , but I presume for the record I had better go right on through the state- ment . Senator PASTORE . No ; we can have it all inserted in the record in its entirety and then you can emphasize the ...
Page 28
... coverage . Every application that has come to us for political risk coverage has been approved . There have been only about four of them that have come to us and they have all been approved . Nearly all of the other applicants wanted ...
... coverage . Every application that has come to us for political risk coverage has been approved . There have been only about four of them that have come to us and they have all been approved . Nearly all of the other applicants wanted ...
Page 31
... coverage . In view of these facts , might Eximbank extend its policies to cover devaluation ? Mr. AREY . Under our plan that we will assume all the risks of devaluation from the day that the obligation becomes due and the buyer puts up ...
... coverage . In view of these facts , might Eximbank extend its policies to cover devaluation ? Mr. AREY . Under our plan that we will assume all the risks of devaluation from the day that the obligation becomes due and the buyer puts up ...
Page 34
... covered in local cur- rency , under Public Law 480 funds , under the Cooley amendment , you can lend the money in local money or in dollars ? Mr. AREY . Yes . I want to make it clear . If he is merely a con- tractor , doing a job for ...
... covered in local cur- rency , under Public Law 480 funds , under the Cooley amendment , you can lend the money in local money or in dollars ? Mr. AREY . Yes . I want to make it clear . If he is merely a con- tractor , doing a job for ...
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Common terms and phrases
abroad agency American Export Credit amount applications AREY Argentina assistance basis Brazil buyer capital Chairman commercial attachés commercial banks commercial credit risks commercial risks competition competitors Confirming House Contract countries cover coverage Credit Guarantee Corporation credit terms currency customers dollars economic equipment European exchange transfer Exim Eximbank export credit facilities Export Credit Guarantee export credit insurance export sales Export-Import Bank Federal firms foreign trade funds Guarantors Import Bank industry institutions interest invoice value involved Latin America limited loans loss LURIE machinery markets ment million offered operation oversea participation percent Philippines pilot corporation political risk premium problem proposed question respondents SCAFURO sell Senator MONRONEY Senator PASTORE Senator YARBOROUGH short-term specific Specified Exports statement suppliers textile tion transactions U.S. dollars U.S. export U.S. Government U.S. manufacturers U.S. products U.S. Senate U.S. Treasury underwriting United United Kingdom WAUGH
Popular passages
Page 90 - Act, as amended, is amended — ( 1 ) by striking out the period at the end of "paragraph (5) "and inserting in lieu thereof "; and"; and (2) by adding after paragraph (5) a new paragraph as follows: "(6) to make such loans (either directly or in cooperation with banks or other lending institutions through agreements to participate on an immediate or deferred basis) as the Administration may determine to be necessary or appropriate to assist any small business concern...
Page 80 - Contractor ; smoke ; sprinkler leakage ; earthquake or volcanic eruption ; flood, meaning thereby rising of a body of water ; hostile or war-like action, including action in hindering, combating, or defending against an actual, impending or expected attack...
Page 2 - Washington (hereinafter called the "bank") is to aid in financing and to facilitate exports and imports and the exchange of commodities between the United States and any of its territories and insular possessions and any foreign country or the agencies or nationals thereof.
Page 85 - Administration of the administrative supervision of the Federal land banks, the banks for cooperatives, the Federal intermediate credit banks, and the...
Page 87 - Government-sponsored enterprises: The Federal Deposit Insurance Corporation, the Federal home loan banks, the Federal land banks, the banks for cooperatives, and the Federal intermediate credit banks.
Page 88 - The Congress hereby declares that the purposes of this title are to establish in the Federal Government a secondary market facility for home mortgages, to provide that the operations of such facility shall be financed by private capital to the maximum extent feasible, and to authorize such facility to — (a) provide supplementary assistance to the secondary market for home...
Page 137 - Mr. Chairman, if you have any questions I will be glad to try to answer them, or Mr.
Page 88 - All patronage refunds shall be paid in the proportion that the amount of interest earned on the loans of each borrower bears to the total interest earned on the loans of all borrowers during the fiscal year.
Page 80 - ... hostile or warlike action in time of peace or war, including action in hindering, combating or defending against an actual, impending or expected attack...