HCONRES 95 · 97th Congress · Foreign Trade and International Finance

A concurrent resolution to encourage the reduction of export credit subsidies in world trade.

Introduced 1981-03-18· Sponsored by Rep. Neal, Stephen L. [D-NC-5]· House

Bill Progress

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Introduced
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Committee
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House Vote
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Senate
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Enacted
Latest: Subcommittee Hearings Held.(1981-11-18)

Plain Language Summary

[AI summary unavailable — showing source text] Expresses the sense of the Congress that the President should: (1) try to secure an agreement to reduce export credit subsidies granted by members of the Organization for Economic Cooperation and Development; (2) make this issue a high priority matter in U.S. relations with those governments; and (3) consider using other methods to counter the economic consequences of foreign government export credit subsidies and to induce those governments to negotiate to reduce those subsidies. Expresses the sense of the Congress that the Export-Import Bank should use its resources to offset the subsidies granted by those governments who have been most reluctant to negotiate reform of the "Arrangement on Guidelines for Officially Supported Export Credits."…

Summarized by Claude AI · Non-partisan · For informational purposes only