USDA Extends Comment Period on Proposed Export Credit Program Changes
The U.S. Department of Agriculture is extending the comment period to October 26, 2011 (from September 26) on proposed changes to the Export Credit Guarantee (GSM-102) Program that would clarify program operations and enhance program access for all participants, including…
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smaller U.S. exporters. The proposed rule would revise and amend the regulations at 7 CFR Part 1493 to incorporate operational changes that have been implemented since the publication of the current rule, and include other administrative revisions to enhance clarity and program integrity. These changes should increase GSM-102 program availability to all participants.