| United States Department of Agriculture |
April 24, 1997 |
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| Farm and Foreign Agricultural Services |
MAP-018 |
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| Foreign Agricultural Services |
SUBJECT:
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Updated Instructions for Annual Submission of P.L. 480 and
Export Credit Recommendations All Cooperators and Participants |
| 1400 Independence Ave., SW Stop 1042 Washington. DC 20250-1042 |
BACKGROUND: | As part of the Strategic Planning process (11 FASG Chapter 2, Exhibit H-9 through H-13), Cooperators have annually contributed to the development of FAS' prioritization of program needs by submitting to FAS their P.L. 480 and Export Credit (GSM-102 and GSM-103) recommendations. |
| PURPOSE: | P.L. 480 and export credit recommendations are used by the Office of the General Sales Manager, Export Credit=s Program Development Division and the Commodity Divisions to develop allocations for P.L. 480 and export credit resources. This memo is for the purpose of requesting: 1) FY 1998 recommendations for GSM-102, GSM-103 and the Supplier Credit Guarantee Program (SCGP); and 2) FY 1998 and FY 1999 P.L. 480 programming recommendations. |
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PROCEDURES
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Cooperators and Participants should develop GSM, SCGP and P.L. 480 recommendations and return recommendations to the Commodity Divisions no later than May 7, 1997. FY 1997 GSM and SCGP allocations are available on the FAS Homepage under Export Programs and P.L. 480 programming is located under International Technical Assistance and Food Aid. Contact your marketing specialist for FY 1996 GSM allocations and P.L. 480 programming, if needed. |
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| DENISE S. FETTERS Acting Director Marketing Operations Staff |
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| PROCEDURES: PARTICIPANT RECOMMENDATIONS FOR FY 1998 & 1999 BUDGET REQUEST FOR P.L. 480 AND EXPORT CREDIT PROGRAMS. | |
| FY 1998 PROGRAMS: | |
| P. L. 480 (TITLE I): | Long-term concessional financing of exports to developing countries. |
| GSM-102: | Credit guarantees on short-term commercial credit (90 days to 3 years). |
| GSM-103: | Intermediate credit guarantees (more than 3 years to 10 years). |
| SCGP: | Supplier Credit Guarantee Program. Guarantees a portion of payments due under short-term financing (up to 180 days) that exporters have extended directly to the importers. Emphasis is on high value commodities. |
| COOPERATORS/PARTICIPANTS PROVIDE COMMODITY DIVISIONS | |
| Completed forms: |
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| Other Information: |
Return completed forms to the Commodity Division no later than May 7, 1997. |
1/ Separate Recommendation Sheets should be completed for each program (e.g. GSM-102, GSM-103, SCGP, and P.L. 480). The P.L. 480 table should include recommendations for FY 1998 and FY 1999.
2/ FY 1997 GSM and SCGP allocations are available on the FAS Homepage under Export Programs. P.L. 480 programming is located under International Technical Assistance and Food Aid.
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