12-U.S.C.-635O

12-U.S.C.-635O

§635O – §635O. Congressional Statement of Purpose

Pathway

Title 12 > Chapter 6A > Subchapter III > Section 635o

Details

  • Reference: Section 635o
  • Legend: §635O – §635O. Congressional Statement of Purpose
  • USCode Year: 2013

Provision Content

The purpose of this subchapter is—

(1) to expand employment and economic growth in the United States by expanding United States exports to the markets of the developing world;

(2) to stimulate the economic development of countries in the developing world by improving their access to credit for the importation of United States products and services for developmental purposes;

(3) to neutralize the predatory financing engaged in by many nations whose exports compete with United States exports, and thereby restore export competition to a market basis; and

(4) to encourage foreign governments to enter into effective and comprehensive agreements with the United States to end the use of tied aid credits for exports, and to limit and govern the use of export credit subsidies generally.

(Pub. L. 98–181, title I [title VI, §642], Nov. 30, 1983, 97 Stat. 1263.)

References in Text

This subchapter, referred to in text, was in the original 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.

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 sections 1671a and 1671b of Title 19] may be referred to as the ‘Trade and Development Enhancement Act of 1983’.

U.S. Encyclopedia of Law Coverage

12-U.S.C.-635I-5 in the Legal Encyclopedia: Banking Law

In this entry about 12-U.S.C.-635I-5, find legal reference material, bibliographies and premiere content related to banking law in the American Encyclopedia of Law, presenting a comprehensive view of the United States banking law-specific issues, written by authorities in the field.

12-U.S.C.-635I-3 in the Legal Encyclopedia: Imports

In this entry about 12-U.S.C.-635I-3, find legal reference material, bibliographies and premiere content related to imports in the American Encyclopedia of Law, presenting a comprehensive view of the United States imports-specific issues, written by authorities in the field.

12-U.S.C.-635O in the Legal Encyclopedia: Exports

In this entry about 12-U.S.C.-635O, find legal reference material, bibliographies and premiere content related to exports in the American Encyclopedia of Law, presenting a comprehensive view of the United States exports-specific issues, written by authorities in the field.

12-U.S.C.-635I-7 in the Legal Encyclopedia: Export Import Bank of the United States

In this entry about 12-U.S.C.-635I-7, find legal reference material, bibliographies and premiere content related to export import bank of the united states in the American Encyclopedia of Law, presenting a comprehensive view of the United States export import bank of the united states-specific issues, written by authorities in the field.

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