AFFECTED FLOWOutflow (subsidised)
ANNOUNCED AS TEMPORARYNo
Section 3101 renews the Export Credit Guarantee Program, with an annual budget of $5.5 billion, but would also make several amendments to its operation. One such provision provides to the executive the authority (subject to consultations with the members of the agricultural committees in Congress) to 'administer and carry out ... the program pursuant to such terms as may be agreed between the parties to address the 'WTO cotton dispute' to the extent not superseded by any applicable international undertakings on officially supported export credits to which the United States is a party.'
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