§ 635t. Definitions

For purposes of this subchapter—

• (1) the term “tied aid credit” means credit—
  • (A) which is provided for development aid purposes;
  • (B) which is tied to the purchase of exports from the country granting the credit;
  • (C) which is financed either exclusively from public funds, or, as a mixed credit, partly from public and partly from private funds; and
  • (D) which has a grant element, as defined by the Development Assistance Committee of the Organization for Economic Cooperation and Development, greater than zero percent;
• (2) the term “government-mixed credits” means the combined use of credits, insurance, and guarantees offered by the Export-Import Bank of the United States with concessional financing or grants offered by the Agency for International Development to finance exports;
• (3) the term “public-private cofinancing” means the combined use of either official development assistance or official export credit with private commercial credit to finance exports;
• (4) the term “blending of financings” means the use of various combinations of official development assistance, official export credit, and private commercial credit, integrated into a single package with a single set of financial terms, to finance exports;
• (5) the term “parallel financing” means the related use of various combinations of separate lines of official development assistance, official export credits, and private commercial credit, not combined into a single package with a single set of financial terms, to finance exports; and
• (6) the term “Bank” means the Export-Import Bank of the United States.