§ 3734. — ExportImport Bank initiatives.
[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
January 24, 2002 and December 19, 2002]
[CITE: 19USC3734]
TITLE 19--CUSTOMS DUTIES
CHAPTER 23--EXTENSION OF CERTAIN TRADE BENEFITS TO SUB-SAHARAN AFRICA
SUBCHAPTER III--ECONOMIC DEVELOPMENT RELATED ISSUES
Sec. 3734. Export-Import Bank initiatives
(a) Sense of the Congress
It is the sense of the Congress that the Board of Directors of the
Bank shall continue to take comprehensive measures, consistent with the
credit standards otherwise required by law, to promote the expansion of
the Bank's financial commitments in sub-Saharan Africa under the loan,
guarantee and insurance programs of the Bank.
(b) Sub-Saharan Africa Advisory Committee
The sub-Saharan Africa Advisory Committee (SAAC) is to be commended
for aiding the Bank in advancing the economic partnership between the
United States and the nations of sub-Saharan Africa by doubling the
number of sub-Saharan African countries in which the Bank is open for
traditional financing and by increasing by tenfold the Bank's support
for sales to sub-Saharan Africa from fiscal year 1998 to fiscal year
1999. The Board of Directors of the Bank and its staff shall continue to
review carefully the sub-Saharan Africa Advisory Committee
recommendations on the development and implementation of new and
innovative policies and programs designed to promote the Bank's
expansion in sub-Saharan Africa.
(Pub. L. 106-200, title I, Sec. 124, May 18, 2000, 114 Stat. 270.)
