12 U.S.C. § 635t — Definitions

For purposes of this subchapter— (1) “tied aid credit^*” means credit that— (A) is provided for development-aid purposes; (B) is tied to buying exports from the country that grants the credit; (C) is financed either entirely with public funds or, as a mixed credit, partly with public funds and partly with private funds; and (D) has a grant element, as defined by the Development Assistance Committee of the Organization for Economic Cooperation and Development, greater than zero percent. (2) “Government-mixed credits” means using together credits, insurance, and guarantees offered by the Export-Import Bank of the United States with concessional financing or grants offered by the Agency for International Development to finance exports. (3) “Public-private cofinancing” means using together either official development assistance or official export credit with private commercial credit to finance exports. (4) “Blending of financings” means using different combinations of official development assistance, official export credit, and private commercial credit, integrated into one package with one set of financial terms, to finance exports. (5) “Parallel financing” means using related combinations of separate lines of official development assistance, official export credits, and private commercial credit. These lines are not combined into one package with one set of financial terms, and they are used to finance exports. (6) “Bank” means the Export-Import Bank of the United States.