12 U.S.C. § 635t — Definitions

1. (1)the term “tied aid credit” means credit—
   1. (A)which is provided for development aid purposes;
   2. (B)which is tied to the purchase of exports from the country granting the credit;
   3. (C)which is financed either exclusively from public funds, or, as a mixed credit, partly from public and partly from private funds; and
   4. (D)which has a grant element, as defined by the Development Assistance Committee of the Organization for Economic Cooperation and Development, greater than zero percent;
2. (2)the term “government-mixed credits” means the combined use of 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. (3)the term “public-private cofinancing” means the combined use of either official development assistance or official export credit with private commercial credit to finance exports;
4. (4)the term “blending of financings” means the use of various combinations of official development assistance, official export credit, and private commercial credit, integrated into a single package with a single set of financial terms, to finance exports;
5. (5)the term “parallel financing” means the related use of various combinations of separate lines of official development assistance, official export credits, and private commercial credit, not combined into a single package with a single set of financial terms, to finance exports; and
6. (6)the term “Bank” means the Export-Import Bank of the United States.