Competitive American Exports Act of 1984

[AI summary unavailable — showing source text] Competitive American Exports Act of 1984 - Declares that it is the policy of the United States to insist that participants in the Guidelines for Officially Supported Export Credits honor their pledge not to offer "tied aid credit" containing a grant element less than the minimum specified in the Guidelines. Defines "tied aid credit" to mean credit which is: (1) provided for development aid purposes; (2) financed by public funds or, as a mixed credit, partly from public and partly from private funds; and (3) tied to the purchase of exports from the country granting the credit. Declares that the United States shall try to negotiate an increase in the minimum grant element of tied aid credits. Amends the Export-Import Bank Act of 1945 to establish the Competitive Tied Aid Fund. Requires the money in the Fund to be used to cover a portion of the subsidy contained in any credit granted by the Bank. Requires the Bank to extend to any American exporter or firm whose sale of goods is jeopardized by competition in the form of foreign official tied aid credit offers a tied aid credit offer which is substantially equal to the foreign official tied aid credit. Requires the Board of Directors, …