Export Credit Guarantee Program (GSM-102)

E1002925

The Export Credit Guarantee Program (GSM-102) is a U.S. government initiative that encourages commercial financing of U.S. agricultural exports by providing credit guarantees to approved foreign buyers.

All labels observed (3)

How this entity was disambiguated

Statements (47)

Predicate Object
instanceOf United States government program ⓘ
agricultural export promotion program ⓘ
export credit guarantee program ⓘ
abbreviation GSM-102 ⓘ
administeredBy USDA Foreign Agricultural Service ⓘ
linked to: USDA FAS

United States Department of Agriculture ⓘ
alsoKnownAs GSM-102 Export Credit Guarantee Program ⓘ
appliesTo U.S. agricultural commodities ⓘ
U.S. agricultural products ⓘ
beneficiary U.S. agricultural exporters ⓘ
U.S. financial institutions ⓘ
approved foreign buyers of U.S. agricultural products ⓘ
country United States ⓘ
covers short-term credit ⓘ
designedFor commercial, not concessional, export financing ⓘ
focusesOn commercial financing rather than direct government loans ⓘ
fundingSource U.S. federal government ⓘ
guaranteeCoverage portion of principal and interest due on the credit ⓘ
guaranteeType credit risk of foreign banks ⓘ
repayment of credit extended to foreign buyers ⓘ
implementedBy USDA regulations ⓘ
involves credit guarantees issued in favor of U.S. financial institutions ⓘ
repayment obligations of foreign banks to U.S. lenders ⓘ
legalAuthority U.S. Agricultural Trade Act authorities ⓘ
objective facilitate access to credit for foreign buyers of U.S. agricultural goods ⓘ
maintain and increase U.S. agricultural exports in foreign markets ⓘ
oversightBy USDA Foreign Agricultural Service ⓘ
linked to: USDA FAS
policyArea agricultural trade ⓘ
export promotion ⓘ
programType guarantee program ⓘ
provides credit guarantees ⓘ
purpose encourage commercial financing of U.S. agricultural exports ⓘ
facilitate exports of U.S. agricultural commodities ⓘ
reduce financial risk to U.S. exporters and financial institutions ⓘ
regulator United States Department of Agriculture ⓘ
relatedProgram Intermediate Export Credit Guarantee Program (GSM-103) ⓘ
requires approval of foreign banks by USDA ⓘ
participation of eligible U.S. financial institutions ⓘ
riskMitigation mitigates non-payment risk by foreign banks ⓘ
reduces country and commercial credit risk for U.S. exporters ⓘ
sector agriculture ⓘ
supports U.S. agricultural export competitiveness ⓘ
expansion of U.S. agricultural export markets ⓘ
targetMarket developing countries ⓘ
emerging markets ⓘ
timeHorizon short-term export credit ⓘ
typicalTenor up to 18 months ⓘ

How these facts were elicited

Referenced by (3)

Full triples — surface form annotated when it differs from this entity's canonical label.

Foreign Agricultural Service → administers → Export Credit Guarantee Program (GSM-102) ⓘ
Foreign Agricultural Service → overseesProgram → Export Credit Guarantee Program ⓘ
subject linked to: FAS
linked to: Export Credit Guarantee Program (GSM-102)
Export Credit Guarantee Program (GSM-102) → alsoKnownAs → GSM-102 Export Credit Guarantee Program ⓘ
linked to: Export Credit Guarantee Program (GSM-102)