2014—Subsec. (a). Pub. L. 113–79, § 3101(a)(1), substituted “24-month” for “3-year”.
Subsec. (d). Pub. L. 113–79, § 3101(a)(2), substituted “obligor” for “country”.
Subsecs. (i), (j). Pub. L. 113–79, § 3101(a)(3), (4), redesignated subsecs. (j) and (k) as (i) and (j), respectively, and struck out former subsec. (i) which related to percentages of export credit guarantees issued to promote export of processed or high-value agricultural products in fiscal years 1996 through 2007.
Subsec. (j)(2)(A), (B). Pub. L. 113–79, § 3101(a)(5)(A), (B), redesignated subpars. (C) and (D) as (A) and (B), respectively, and struck out former subpars. (A) and (B) which read as follows:
“(A) maximize the export sales of agricultural commodities;
“(B) maximize the export credit guarantees that are made available and used during the course of a fiscal year;”.
Subsec. (j)(2)(C). Pub. L. 113–79, § 3101(a)(5)(B), (D)(i), redesignated subpar. (E) as (C) and struck out “, but do not exceed,” after “cover”. Former subpar. (C) redesignated (A).
Subsec. (j)(2)(D). Pub. L. 113–79, § 3101(a)(5)(C), (D)(ii), (E), added subpar. (D). Former subpar. (D) redesignated (B).
Subsec. (j)(2)(E). Pub. L. 113–79, § 3101(a)(5)(B), redesignated subpar. (E) as (C).
Subsec. (k). Pub. L. 113–79, § 3101(a)(4), redesignated subsec. (k) as (j).
2008—Subsec. (a). Pub. L. 110–246, § 3101(a)(1), struck out par. (1) designation and heading before “The Commodity” and struck out pars. (2) and (3) which related to supplier credits and extended supplier credits, respectively.
Subsec. (b). Pub. L. 110–246, § 3101(a)(2), (3), redesignated subsec. (d) as (b) and struck out former subsec. (b). Prior to amendment, text read as follows: “Subject to the provisions of subsection (c) of this section, the Commodity Credit Corporation may guarantee the repayment of credit made available by financial institutions in the United States to finance commercial export sales of agricultural commodities, including processed agricultural products and high-value agricultural products, from privately owned stocks on credit terms that are for not less than a 3-year period nor for more than a 10-year period in a manner that will directly benefit United States agricultural producers.”
Subsec. (b)(4). Pub. L. 110–246, § 3101(c)(1), struck out “, consistent with the provisions of subsection (c) of this section” after “appropriate”.
Subsec. (c). Pub. L. 110–246, § 3101(a)(2), (3), redesignated subsec. (e) as (c) and struck out former subsec. (c) which related to requirements for guarantees under former subsec. (b).
Subsec. (d). Pub. L. 110–246, § 3101(c)(2), struck out par. (1) designation and heading before “The Commodity” and struck out par. (2) which related to criteria for the determination required under this subsec. with respect to credit guarantees under former subsec. (b).
Pub. L. 110–246, § 3101(a)(3), redesignated subsec. (f) as (d). Former subsec. (d) redesignated (b).
Subsecs. (e) to (g). Pub. L. 110–246, § 3101(a)(3), redesignated subsecs. (g) to (i) as (e) to (g), respectively. Former subsecs. (e) and (f) redesignated (c) and (d), respectively.
Subsec. (g)(2). Pub. L. 110–246, § 3101(c)(3), substituted “subsection (a)” for “subsections (a) and (b)”.
Subsecs. (h) to (l). Pub. L. 110–246, § 3101(a)(3), (4), redesignated subsecs. (j) to (l) as (h) to (j), respectively, and added subsec. (k). Former subsecs. (h) and (i) redesignated (f) and (g), respectively.
2002—Subsec. (a)(3). Pub. L. 107–171, § 3102(a), added par. (3).
Subsec. (k)(1). Pub. L. 107–171, § 3102(b), substituted “through 2007” for “, 2001, and 2002”.
Subsec. (l). Pub. L. 107–171, § 3102(c), added subsec. (l).
1996—Subsec. (a). Pub. L. 104–127, § 243(a)(1), designated existing provisions as par. (1), inserted heading, and added par. (2).
Subsec. (d)(3)(B). Pub. L. 104–127, § 277(c)(3), substituted “emerging markets” for “emerging democracies”.
Subsec. (f). Pub. L. 104–127, § 243(a)(2), designated existing provisions as par. (1), inserted heading, and added par. (2).
Subsec. (h). Pub. L. 104–127, § 243(a)(3), added subsec. (h) and struck out heading and text of former subsec. (h). Text read as follows: “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.”
Subsec. (i). Pub. L. 104–127, § 243(a)(4), designated existing provisions as par. (1), inserted heading, struck out former par. (1) which read as follows: “is not in a sound financial condition;”, redesignated pars. (2) and (3) as subpars. (A) and (B), respectively, of par. (1), and added par. (2).
Subsec. (k). Pub. L. 104–127, § 243(a)(5), added subsec. (k) and struck out heading and text of former subsec. (k). Text read as follows:
“(1) In general.—In issuing export credit guarantees under this section in connection with sales to the independent states of the former Soviet Union, the Commodity Credit Corporation shall, to the extent practicable and subject to paragraph (2), ensure that no less than 35 percent of the total amount of credit guarantees issued for a fiscal year are issued to promote the export of processed and high-value agricultural products and that the balance are issued to promote the export of bulk or raw agricultural commodities.
“(2) Limitation.—The 35 percent requirement of paragraph (1) shall apply for a fiscal year only to the extent that the percentage of the total amount of credit guarantees issued for that fiscal year under this section to promote the export to all countries of processed and high-value agricultural products is less than 25 percent.”
1992—Subsecs. (a), (b). Pub. L. 102–511, § 709(a)(1), inserted “, including processed agricultural products and high-value agricultural products,” after “agricultural commodities”.
Subsec. (c). Pub. L. 102–511, § 708(a), inserted sentence at end.
Subsec. (d)(3). Pub. L. 102–511, § 708(b), amended par. (3) generally. Prior to amendment, par. (3) read as follows: “to assist countries, particularly developing countries, in meeting their food and fiber needs; and”.
Subsec. (k). Pub. L. 102–511, § 709(a)(2), added subsec. (k).
1991—Subsec. (i). Pub. L. 102–237 substituted “issued by the Commodity Credit Corporation under this section if it is determined by the Corporation, at the time of the assignment, that” for “or proceeds payable under a credit guarantee issued by the Commodity Credit Corporation under this section if it is determined by the Corporation that”.
Promotion of Agricultural Exports to Emerging Markets
Pub. L. 101–624, title XV, § 1542, Nov. 28, 1990, 104 Stat. 3691, as amended by Pub. L. 102–237, title III, § 338, Dec. 13, 1991, 105 Stat. 1859; Pub. L. 102–511, title VII, § 706, Oct. 24, 1992, 106 Stat. 3350; Pub. L. 103–182, title III, § 321(g), Dec. 8, 1993, 107 Stat. 2112; Pub. L. 104–127, title II, §§ 277(a), 278, Apr. 4, 1996, 110 Stat. 977, 979; Pub. L. 107–171, title III, § 3203, May 13, 2002, 116 Stat. 300; Pub. L. 110–246, title III, § 3204, June 18, 2008, 122 Stat. 1837; Pub. L. 113–79, title III, § 3203, Feb. 7, 2014, 128 Stat. 779; Pub. L. 113–188, title I, § 101(b), Nov. 26, 2014, 128 Stat. 2017, provided that:
The Commodity Credit Corporation
shall make available for fiscal years 1996 through 2018 not less than $1,000,000,000 of direct credits or export credit guarantees for exports to emerging markets
under section 201 or 202 of the Agricultural Trade Act of 1978
(7 U.S.C. 5621
and 5622), in addition to the amounts acquired or authorized under section 211 of the Act
(7 U.S.C. 5641
) for the program.
“(b)Facilities and Services.—
“(1)In general.—A portion of such export credit guarantees shall be made available for—
the establishment or improvement of facilities, or
“(2)Priority.—The Commodity Credit Corporation shall give priority under this subsection to—
projects that encourage the privatization of the agricultural sector or that benefit private farms or cooperatives in emerging markets
projects for which nongovernmental persons
agree to assume a relatively larger share of the costs.
“(3)Construction waiver.—The Secretary may waive any applicable requirements relating to the use of United States goods in the construction of a proposed facility, if the Secretary determines that—
“(4)Term of guarantee.—A facility payment guarantee under this subsection shall be for a term that is not more than the lesser of—
the term of the depreciation schedule of the facility assisted; or
Before the authority under this section is exercised, the Secretary
of Agriculture shall consult with exporters of United States
agricultural commodities (as defined in section 102(7) of the Agricultural Trade Act of 1978
[7 U.S.C. 5602(7)
]), nongovernmental experts, and other Federal Government agencies in order to ensure that facilities in an emerging market
for which financing is guaranteed under paragraph (1)(B) do not primarily benefit countries which are in close geographic proximity to that emerging market.
“(d)E (Kika) de la Garza Agricultural Fellowship Program.—The Secretary of Agriculture (hereafter in this section referred to as the ‘Secretary’) shall establish a program, to be known as the ‘E (Kika) de la Garza Agricultural Fellowship Program’, to develop agricultural markets in emerging markets and to promote cooperation and exchange of information between agricultural institutions and agribusinesses in the United States and emerging markets, as follows:
“(1) Development of agricultural systems.—
“(A) In general.—
“(i)Establishment of program.—
For each of the fiscal years 1991 through 2018, the Secretary
of Agriculture (hereafter in this section referred to as the ‘Secretary
’), in order to develop, maintain, or expand markets
for United States
agricultural exports, is directed to make available to emerging markets
the expertise of the United States
to make assessments of the food and rural business systems needs of such democracies [markets]
, make recommendations on measures necessary to enhance the effectiveness of the systems, including potential reductions in trade barriers, and identify and carry out specific opportunities and projects to enhance the effectiveness of those systems.
“(ii)Extent of program.—
shall implement this paragraph with respect to at least 3 emerging markets
in each fiscal year.
“(B)Experts from the united states.—The Secretary may implement the requirements of subparagraph (A)—
by providing assistance to teams consisting primarily of agricultural consultants, farmers, other persons
from the private sector, and government officials expert in assessing the food and rural business systems of other countries to enable such teams to conduct the assessments, make the recommendations, and identify the opportunities and projects specified in subparagraph (A) in emerging markets
by providing necessary subsistence expenses in the United States
and necessary transportation expenses by individuals designated by emerging markets
to enable such individuals to consult with food and rural business system experts in the United States
to enhance such systems of such emerging markets;
by providing for necessary subsistence expenses in emerging markets
and necessary transportation expenses of United States
agricultural producers and other individuals knowledgeable in agricultural and agribusiness matters to assist in transferring their knowledge and expertise to entities in emerging markets.
shall encourage the nongovernmental experts described in subparagraph (B) to share the costs of, and otherwise assist in, the participation of such experts in the program under this paragraph.
is authorized to provide, or pay the necessary costs for, technical assistance (including the establishment of extension services)
to enable individuals or other entities to implement the recommendations or to carry out the opportunities and projects identified under paragraph (1)(A). Notwithstanding any other provision of law, the assistance shall include assistance for administrative and overhead expenses of the International Cooperation and Development Program Area of the Foreign Agriculture Service
, to the extent that the expenses were incurred pursuant to reimbursable agreements entered into prior to September 30, 1993
, the expenses do not exceed $2,000,000 per year, and the expenses are not incurred for information technology systems.
“(E)Reports to secretary.—
A team that receives assistance under subparagraph (B) shall prepare such reports as the Secretary
To provide the Secretary
with information that may be useful to the Secretary
in carrying out the provisions of this paragraph, the Secretary
shall establish an advisory committee composed of representatives of the various sectors of the food and rural business systems of the United States
“(G)Use of ccc.—
shall implement this paragraph through the funds and facilities of the Commodity Credit Corporation
. The authority provided under this paragraph shall be in addition to and not in place of any other authority of the Secretary
or the Commodity Credit Corporation
“(H)Level of assistance.—
shall provide assistance under this paragraph of not more than $10,000,000 in any fiscal year.
“(2) Agricultural information program.—
“(A)Establishment of program.—
shall establish a program, administered to complement the emerging markets
export promotion program developed under this section, to initiate and develop collaboration between the United StatesDepartment of Agriculture
, United States
agribusinesses, and appropriate agricultural institutions in emerging markets
in order to promote the exchange of information and resources that will make a long-term contribution to the establishment of free market
food production and distribution systems in emerging markets
and the enhancement of agricultural trade with the United States.
“(B)Implementation.—The Secretary shall draw on the Department of Agriculture’s experience to design, implement, and evaluate, on a cost-sharing basis with cooperating agricultural institutions, a program to—
compile, through contacts with the governments of emerging markets
and private sector officials in emerging markets
, a list of their agricultural institutions, including the location, capabilities, and needs of the institutions;
make such information available through an appropriate agency of the Department of Agriculture
to agribusinesses and agricultural institutions in the United States
and other agencies of the United States
“(iii) carry out a program—
to review available agricultural information resources, to determine which would be useful for the purposes of this program;
to arrange for the exchange of persons
associated with such agricultural institutions and agribusinesses with experience or interest in the areas of need identified in clause (i);
to help establish contacts between agricultural entrepreneurs and businesses in the United States
and emerging markets,
which may include individuals and entities participating in the program established under paragraph (1), to facilitate cooperation and joint enterprises; and
to provide for the exchange of administrators and faculty members from agricultural and other institutions to strengthen and revise educational programs in agricultural economics, agribusiness, and agrarian law, to support change towards a free market
economy in emerging markets
“(C)Consultation and coordination.—
shall consult and coordinate with the Secretary
and the Agency for International Development in the formulation and implementation of this program in conjunction with overall assistance to emerging markets.
“(D)Authorization for appropriations.—
There are authorized to be appropriated such sums as may be necessary to carry out the program established under this paragraph.
“(e)Foreign Debt Burdens.—
In carrying out the program described in subsection (a), the Secretary
of Agriculture shall ensure that the credits for which repayment is guaranteed under subsection (a) do not negatively affect the political and economic situation in emerging markets
by excessively adding to the foreign debt burdens of such countries.
“(f)Emerging Market.—In this section and section 1543 [7 U.S.C. 3293], the term ‘emerging market’ means any country that the Secretary determines—
is taking steps toward a market
-oriented economy through the food, agriculture, or rural business sectors of the economy of the country; and
Presidential Determination of Emerging Democracies
Determination of President of the United States, No. 95–35, Aug. 10, 1995, 60 F.R. 44723, provided:
Pursuant to the authority vested in me by section 1542(f) of the Food, Agriculture, Conservation and Trade Act of 1990, as amended (7 U.S.C. 5622 note) (hereinafter “the Act”), I hereby determine that the following countries are taking the steps set forth in section 1542(f) of the Act to qualify as emerging democracies for purposes of that section:
Albania, Bangladesh, Belarus, Bosnia and Herzegovina, Bulgaria, Cambodia, Croatia, Czech Republic, Egypt, El Salvador, Estonia, the Former Yugoslav Republic of Macedonia, Ghana, Guatemala, Hungary, Jordan, Kazakhstan, Latvia, Lithuania, Morocco, Namibia, Nicaragua, Pakistan, Panama, the Philippines, Poland, Romania, Russia, Slovak Republic, Slovenia, South Africa, Tanzania, Tunisia, Ukraine, Yemen, and Zimbabwe.
In making this determination, I have considered the eligibility only of those countries for which programs are underway or currently contemplated by the Department of Agriculture.
The Secretary of State is authorized and directed to publish this determination in the Federal Register.