Export Expansion Facility Amendments of 1980 - Declares it to be the policy of the Congress that the Export-Import Bank of the United States should facilitate, particularly in the presence of foreign officially-supported export credit competition, exports to countries: (1) having insufficient access to international credit facilities; (2) demonstrating reasonable economic progress; and (3) offering adequate formal assurances (currently, must offer only sufficient likelihood) of repayment.
Increases the aggregate amount of loans and contractual liability of guarantees and insurance which may be outstanding at any one time.
Requires such activities to be carried out through the Export Expansion Facility. Provides for the capitalization of such Facility.
Introduced in Senate
Referred to Senate Committee on Banking, Housing and Urban Affairs.
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