Page:United States Statutes at Large Volume 106 Part 3.djvu/403

 PUBLIC LAW 102-429—OCT. 21, 1992 106 STAT. 2197 (B) whether or not the authority of subsection (a) should be extended. SEC. 118. REPORT ON REGIONAL OFFICES. 12 USC 635a Not later than 1 year after the date of enactment of this Act, the Export-Import Bank of the United States shall submit a report to the Committee on Banking, Finance and Urban Affairs of the House of Representatives and the Committee on Banking, Housing, and Urban Affairs of the Senate on the Bank's plan to establish and operate regional offices. In addition, the report shall consider the appropriateness of cooperating with other Federal agencies and State and local organizations in co-locating personnel of such agencies and organizations with personnel of the Bank in such regional oftices. SEC. 119. REPORT ON FINANCING OF SERVICES. 12 USC 635 note. (a) REPORT.— Not later than 1 year after the date of enactment of this Act, the Export-Import Bank of the United States (in this section referred to as the "Bank") shall submit a report to the Committee on Banking, Finance and Urban Affairs and the Committee on Foreign Affairs of the House of Representatives and the Committee on Banking, Housing, and Urban Affairs of the Senate on ways of facilitating the export financing of high technology services. (b) CONTENTS.— The report required by subsection (a) shall include— (1) an analysis of the current export financing needs of firms dealing in nigh technology services; (2) an identification of the export financing support provided by commercial lenders to finance the sale of high technology services; (3) an identification of the official export credit programs in support of such exports of countries that are msgor participants in the Organization for Economic Cooperation and Development; and (4) a review of the programs of the Bank to determine how it can meet identified market needs of firms dealing in high technology services. (c) DEFINITION. — For puri>08es of this section, the term **high technology services" means industries in which above average percentages of scientists and engineers are employed, and which have the highest direct research and development expenditures per dollar of sales, including— (1) computer programming and software services; (2) data processing services; and (3) computer related services. SEC. 120. REPORT ON DEMAND FOR TRADE FINANCE FOR THE BALTIC 12 USC 635 note. STATES, THE INDEPENDENT STATES OF THE FORMER SOVIET UNION, AND CENTRAL AND EASTERN EUROPE. (a) FINDINGS.— The Congress finds that^- (1) United States export participation in the emerging markets in the independent States of the former Soviet Union, Central and Eastern Europe, and the Baltic States holds definite potential for preserving and creating jobs in the United States and strengthening the competitiveness of United States exports;

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