Page:United States Statutes at Large Volume 104 Part 5.djvu/352

 104 STAT. 3674 PUBLIC LAW 101-624—NOV. 28, 1990 "(1) to increase exports of agricultural commodities; "(2) to compete against foreign agricultural exports; "(3) to assist countries, particularly developing countries, in meeting their food and fiber needs; and "(4) for such other purposes as the Secretary determines appropriate, consistent with the provisions of subsection (c). "(e) RESTRICTIONS ON USE OF CREDIT GUARANTEES.—Export credit guarantees authorized by this section shall not be used for foreign aid, foreign policy, or debt rescheduling purposes. The provisions of the cargo preference laws shall not apply to export sales with respect to which credit is guaranteed under this section. "(f) RESTRICTIONS. — The Commodity Credit Corporation shall not make credit guarantees available in connection with sales of agricultureil commoidities to any country that the Secretary determines CEinnot adequately service the debt associated with such sale. "(g) TERMS. —Export credit guarantees issued pursuant to this section shall contain such terms and conditions as the Commodity Credit Corporation determines to be necessary. " (h) FOREIGN AGRICULTURAL COMPONENTS.—The Commodity Credit Corporation shall finance or guarantee under this section only United States agricultural commodities. The Commodity Credit Corporation shall not finance or guarantee under this section the value of any foreign agricultural component. "(i) INELIGIBILITY OF FINANCIAL INSTITUTIONS. — A financial institution shall be ineligible to receive an assignment of a credit guarantee or proceeds payable under a credit guarantee issued by the Commodity Credit Corporation under this section if it is determined by the Corporation that such financial institution— "(1) is not in a sound financial condition; "(2) is the financial institution issuing the letter of credit or a subsidiary of such institution; or "(3) is owned or controlled by an entity that owns or controls that financial institution issuing the letter of credit, "(j) CONDITIONS FOR FISH AND PROCESSED FISH PRODUCTS. — In making available any guarsmtees of credit under this section in connection with sales of fish and processed fish products, the Secretary shall make such guarantees available under terms and conditions that are comparable to the terms and conditions that apply to guarantees provided with respect to sales of other agricultural commodities under this section. 7 USC 5623. "SEC. 203. MARKET PROMOTION PROGRAM. "(a) IN GENERAL.— The Commodity Credit Corporation shall establish and carry out a program to encourage the development, maintenance, and expansion of commercial export markets for gigricultural commodities through cost-share assistance to eligible trade organizations that implement a foreign market development program. "(b) TYPE OF ASSISTANCE.— Assistance under this section may be provided in the form of funds of, or commodities owned by, the Commodity Credit Corporation, as determined appropriate by the Secretary. "(c) REQUIREMENTS FOR PARTICIPATION.— "(1) IN GENERAL. — To be eligible for cost-share assistance under this section, an orgemization shall— "(A) be an eligible trade organization;

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