Page:United States Statutes at Large Volume 100 Part 2.djvu/106

 100 STAT. 1208

PUBLIC LAW 99-472—OCT. 15, 1986 "(2) CONTENTS OF REPORT.—Each report required by paragraph (1) shall contain a description of^ "(A) the principal offers of predacious financing by foreign countries during the course of the previous 6 months; "(B) steps taken by the United States to combat specific predacious financing practices of foreign countries; "(C) any use by the Bank of the Tied Aid Credit Fund to match specific predacious financing practices of foreign countries and to initiate tied aid credit offers; "(D) any additional steps the United States may take in the future to discourage use of predacious financing practices; and "(E) any progress achieved in negotiations to establish a comprehensive international arrangement restricting the use of tied aid and partially untied credits for commercial purposes. "(3) CONFIDENTIAL INFORMATION.—To the extent the Bank determines any information required to be included in the report under this subsection should not be made public, such information may be submitted separately on a confidential basis or provided orally, rather than in written form, to the Chairmen and ranking minority Members of the Committees of the Senate and the House of Representatives with jurisdiction over the subject matter of the report. "(h) DEFINITIONS.—^f'or the purpose of this section— "(1) TIED AID AND PARTIALLY UNTIED AID CREDIT.—The terms 'tied aid credit' and 'partially untied aid credit' mean any credit which— "(A) has a grant element greater than zero percent, as determined by the Development Assistance Committee of the Organization for Economic Cooperation and Development; "(B) is, in fact or in effect, tied to— "(i) the procurement of goods or services from the donor country, in the case of tied aid credit; or "(ii) the procurement of goods or services from a restricted number of countries, in the case of partially untied aid credit; and "(C) is financed either exclusively from public funds or partly from public and partly from private funds. "(2) SECRETARY.—The term 'Secretary' means the Secretary of the Treasury. "(3) ARRANGEMENT.—The term 'Arrangement' means the Arrangement on Guidelines for Officially Supported Export Credits established through the Organization for Economic Cooperation and Development. "(4) BLENDED FINANCING.—The term 'blended financing' means financing provided through any combination of official development assistance, official export credits, and private commercial credit which is integrated into a single agreement with a single set of financial terms. "(5) PARALLEL FINANCING.—The term 'parallel financing' means financing provided by any combination of official development assistance, official export credits, and private commercial credit which is not integrated into a single agreement and does not have a single set of financial terms.".

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