CIS Microfiche Library 1970-2002 (CIS Asia Pacific Collection)

 CIS NO: 84-H241-7
 TITLE: Export-Import Bank Facilities for Brazil and Mexico.
 SOURCE: Committee on Banking, Finance, and Urban Affairs. House
 DOC TYPE: Hearing                   COLLATION: iii+104 p.
 DATE: Sept. 13, 1983
 CONGRESS-SESSION: 98-1              SUDOC: Y4.B22/1:98-51
 ITEM NO: 1013-A; 1013-B
 LC CARD NO: 84-601706               MC ENTRY NO: 85-11687

 Committee Serial No. 98-51. Hearing before the Subcom on International
 Trade, Investment, and Monetary Policy to examine Eximbank export credit
 proposal to provide special loan guarantee and insurance facilities for
 Brazil and Mexico to promote the purchase of U.S. goods and services.
   Full Committee Member Charles E. Schumer (D-NY) participates in
 questioning the witnesses.
   Includes compilation of materials (p. 94-104) relating to subsequent
 subcom and Eximbank actions (summary, p. 94) on Eximbank proposal,
 including:
 a. H. Res. 316, to express the sense of the House that Eximbank should
     delay proposed credit facilities for Brazil and Mexico, text (p. 95-97).
 b. Neal, Stephen L. (Rep, D-NC), opening statement at subcom markup
     session on H. Res. 316, Sept. 29, 1983 (p. 98-99).
 CONTENT NOTATION: Eximbank credit facilities for Brazil and Mexico
 DESCRIPTORS (and special content notations): SUBCOM ON INTERNATIONAL
     TRADE, INVESTMENT, AND MONETARY POLICY. HOUSE; FOREIGN.TRADE.PROMOTION;
     LOAN GUARANTEES; EXPORT-IMPORT BANK (Credit facilities for Brazil and
     Mexico); SCHUMER, CHARLES E.; SENSE OF CONGRESS RESOLUTIONS;
     CONGRESSIONAL.COMMITTEE.MARKUP.SESSIONS; NEAL, STEPHEN L.; CREDIT;
     INSURANCE; BRAZIL; MEXICO
 BILLS: 98 H.Res.316
 LEGISLATIVE HISTORY OF: P.L.98-181

 84-H241-7 TESTIMONY NO: 1          Sept. 13, 1983 p. 3-93
 WITNESSES (and witness notations):
     DRAPER, WILLIAM H., III (Chm, Eximbank)
     LELAND, MARC E. (Asst Sec, Intl Aff, Treas Dept)
     KINGON, ALFRED H. (Asst Sec, Intl Economic Policy, Commerce Dept)
 STATEMENTS AND DISCUSSION: Explanation and justification of proposed
     credit facilities for Brazil and Mexico; explanation of conditions
     placed on use of proposed facilities and other departures from standard
     Eximbank exporter credit programs.
       Review of U.S. and international community efforts to respond to
     Mexican and Brazilian payments problems and trade financing needs
     (related tables, p. 47-50, 92-93); basis for and adverse trade
     consequences of U.S. financial community reluctance to finance exports
     to developing countries with external debt problems.
       Defense of facilities proposal in light of Eximbank charter
     responsibility for export sales promotion (legal analysis, p. 71-74);
     relationship of proposed facilities to IMF programs for addressing
     international balance of payments problems.
 CONTENT NOTATION: Eximbank credit facilities for Brazil and Mexico
 DESCRIPTORS (and special content notations): DEPARTMENT.OF.TREASURY;
     DEPARTMENT.OF.COMMERCE; DEVELOPING COUNTRIES (Trade financing
     problems of developing countries with intl debts); FINANCE (Trade
     financing problems of developing countries with intl debts);
     INTERNATIONAL.DEBTS (Trade financing problems of developing countries
     with intl debts); FOREIGN.TRADE; INTERNATIONAL MONETARY FUND;
     STATISTICAL DATA: FOREIGN TRADE (Brazil and Mexico trade balance);
     BALANCE OF PAYMENTS