A bill to authorize the Overseas Private Investment Corporation to issue insurance against losses incurred from the imposition of certain export controls.

Summary

Amends the Foreign Assistance Act of 1961 to authorize the Overseas Public Investment Corporation to issue insurance to eligible exporters against loss due to export controls imposed for foreign policy or national security purposes. Authorizes such insurance coverage for losses incurred in the production and preparation for sale of goods or technology on which such export controls are imposed. Requires such insurance to be available only for losses due to export controls imposed after the enactment of this Act. Authorizes such insurance for exports to any country.

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Documents

1 official file

• Introduced in House

  summary · EN · 22 February 1983

  Open at official source

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