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An [[Export Credit Guarantee Program]] that covers credit terms up to 10 years. The program underwrites credit extended by the private banking sector to approved foreign banks using dollar-denominated, irrevocable letters of credit to pay for U.S.-grown food and agricultural products sold to foreign buyers. The [[CCC]] guarantee typically covers 98% of principal and a portion of interest.  
 
An [[Export Credit Guarantee Program]] that covers credit terms up to 10 years. The program underwrites credit extended by the private banking sector to approved foreign banks using dollar-denominated, irrevocable letters of credit to pay for U.S.-grown food and agricultural products sold to foreign buyers. The [[CCC]] guarantee typically covers 98% of principal and a portion of interest.  
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<html>Sponsor: <a href="http://www.kqzyfj.com/click-1205615-7330578" target="_blank" onmouseover="window.status='http://www.ebooks.com';return true;" onmouseout="window.status=' ';return true;">Law eBooks</a><img src="http://www.lduhtrp.net/image-1205615-7330578" width="1" height="1" border="0"/></html>
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[[Category: Agriculture]]
 
[[Category: Agriculture]]
 
[[Category: Political Science]]
 
[[Category: Political Science]]

Latest revision as of 14:36, 29 October 2019

An Export Credit Guarantee Program that covers credit terms up to 10 years. The program underwrites credit extended by the private banking sector to approved foreign banks using dollar-denominated, irrevocable letters of credit to pay for U.S.-grown food and agricultural products sold to foreign buyers. The CCC guarantee typically covers 98% of principal and a portion of interest.

Sponsor: Law eBooks