International Competitive Finance Act of 1982

Summary

International Competitive Finance Act of 1982 - Amends the Export-Import Bank Act Amendments of 1978 to direct the Secretary of the Treasury to begin an inquiry immediately after receiving information that foreign sales to the United States are being seriously offered involving foreign official export credits that breach international agreements. Requires the inquiry to determine the accuracy of the information. Directs the Secretary to authorize the Export-Import Bank to provide competitive U.S. sellers with matching financing if: (1) the Secretary finds the information is accurate and requests the withdrawal of the foreign financing; and (2) the foreign financing is not withdrawn within ten days of the request.

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1 official file

• Introduced in House

  summary · EN · 20 July 1982

  Open at official source

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