The U.S. Department of Agriculture on Friday invited public comment on proposed changes to the Export Credit Guarantee Program that it said would clarify operations and increase program access.
The GSM-102 program provides credit guarantees to encourage financing of commercial U.S. agricultural product exports to developing countries.
The proposed rule would incorporate operational changes that have been implemented since the publication of the current rule, and includes other revisions to provide more clarity. The proposal also includes suggested changes received during the initial publication of the proposed rule on July 27, 2011.
Comments must be received by Jan. 27 and can be submitted via The Federal eRulemaking Portal at www.regulations.gov; e-mail at GSMregs@fas.usda.gov; fax at (202) 720-2495, attention: GSM-102 Proposed Rule Comments; or hand delivery, courier or U.S. mail to: Amy Slusher, deputy director, Credit Programs Division, Foreign Agricultural Service, U.S. Department of Agriculture, 1400 Independence Ave., SW, stop 1025, room 5509, Washington, D.C. 20250-1025.
A copy of this proposed rule is available here.