tied aid credit
(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.