gration into the 21st century world economy, 
not only as a supplier of primary products but 
also as full participant in international supply 
and distribution chains. 
SEC. 5. SPECIAL AFRICA STRATEGY COORDINATOR. 
The President shall designate an individual to serve 
as Special Africa Export Strategy Coordinator— 
(1) to oversee the development and implementa-
tion of the strategy required by section 4; and 
(2) to coordinate with the Trade Promotion Co-
ordinating Committee, (the interagency AGOA com-
mittees), and development agencies with respect to 
developing and implementing the strategy. 
SEC. 6. TRADE MISSION TO AFRICA. 
It is the sense of Congress that, not later than 1 year 
after the date of the enactment of this Act, the Secretary 
of Commerce and other high-level officials of the United 
States Government with responsibility for export pro-
motion, financing, and development should conduct a joint 
trade mission to Africa. 
SEC. 7. PERSONNEL. 
(a) UNITED STATES
AND FOREIGN COMMERCIAL 
SERVICE.— 
(1) IN GENERAL.—As soon as practicable after 
the date of the enactment of this Act, the Secretary 
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of Commerce shall ensure that not less than 14 total 
United States and Foreign Commercial Service offi-
cers are assigned to Africa. 
(2) ASSIGNMENT.—The Secretary shall, in con-
sultation with the Trade Promotion Coordinating 
Committee and the Special Africa Export Strategy 
Coordinator, assign the United States and Foreign 
Commercial Service officers described in paragraph 
(1) to United States embassies in Africa. 
(3) MULTILATERAL DEVELOPMENT BANKS.— 
(A) IN GENERAL.—As soon as practicable 
after the date of the enactment of this Act, the 
Secretary of Commerce shall assign not less 
than 1 full-time United States and Foreign 
Commercial Service officer to the office of the 
United States Executive Director at each multi-
lateral development bank. 
(B) 
RESPONSIBILITIES.—Each 
United 
States and Foreign Commercial Service officer 
assigned under subparagraph (A) shall be re-
sponsible for— 
(i) increasing the access of United 
States businesses to procurement contracts 
with the multilateral development bank to 
which the officer is assigned; and 
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(ii) facilitating the access of United 
States businesses to risk insurance, equity 
investments, consulting services, and lend-
ing provided by that bank. 
(b) 
EXPORT-IMPORT
BANK
OF
THE
UNITED 
STATES.—Of the amounts collected by the Export-Import 
Bank that remain after paying the expenses the Bank is 
authorized to pay from such amounts for administrative 
expenses, the Bank shall use sufficient funds to do the 
following: 
(1) Assign, in consultation with the Trade Pro-
motion Coordinating Committee and the Special Af-
rica Export Strategy Coordinator, not less than 3 
full-time employees of the Bank to geographically 
appropriate field offices in Africa. 
(2) Increase the number of employees of the 
Bank assigned to United States field offices of the 
Bank to not less than 30, to be distributed as geo-
graphically appropriate through the United States. 
Such offices shall coordinate with the related export 
efforts undertaken by the Small Business Adminis-
tration regional field offices. 
(3) Upgrade the Bank’s equipment and soft-
ware to more expeditiously, effectively, and effi-
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ciently process and track applications for financing 
received by the Bank. 
(c) OVERSEAS
PRIVATE
INVESTMENT
CORPORA-
TION.— 
(1) STAFFING.—Of the net offsetting collections 
collected by the Overseas Private Investment Cor-
poration used for administrative expenses, the Cor-
poration shall use sufficient funds to increase by not 
more than 5 the staff needed to promote stable and 
sustainable economic growth and development in Af-
rica, to strengthen and expand the private sector in 
Africa, and to facilitate the general economic devel-
opment of Africa, with a particular focus on helping 
United States businesses expand into African mar-
kets. 
(2) REPORT.—The Corporation shall report to 
the appropriate congressional committees on whether 
recent technology upgrades have resulted in more ef-
fective and efficient processing and tracking of appli-
cations for financing received by the Corporation. 
SEC. 8. TRAINING. 
The President shall develop a plan— 
(1) to standardize the training received by 
United States and Foreign Commercial Service offi-
cers, economic officers of the Department of State, 
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and economic officers of the United States Agency 
for International Development with respect to the 
programs and procedures of the Export-Import 
Bank of the United States, the Overseas Private In-
vestment Corporation, the Small Business Adminis-
tration, and the United States Trade and Develop-
ment Agency; and 
(2) to ensure that, not later than 1 year after 
the date of the enactment of this Act— 
(A) all United States and Foreign Com-
mercial Service officers that are stationed over-
seas receive the training described in paragraph 
(1); and 
(B) in the case of a country to which no 
United States and Foreign Commercial Service 
officer is assigned, any economic officer of the 
Department of State stationed in that country 
shall receive that training. 
SEC. 9. EXPORT-IMPORT BANK CAPITALIZATION. 
(a) IN GENERAL.—Section 6(a)(2) of the Export-Im-
port Bank Act of 1945 (12 U.S.C. 635e(a)(2)) is amend-
ed— 
(1) in subparagraph (D), by striking ‘‘and’’; 
(2) in subparagraph (E), by striking ‘‘2011,’’ 
and inserting ‘‘2011, $95,000,000,000;’’; and 
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(3) by adding at the end the following: 
‘‘(F) during fiscal year 2012 and each fis-
cal year thereafter through fiscal year 2016, 
$150,000,000,000; and 
‘‘(G) subject to paragraph (4), during fis-
cal year 2017 and each fiscal year thereafter, 
$175,000,000,000.’’. 
(b) SPECIAL RULE FOR INCREASE IN APPLICABLE 
AMOUNT.—Section 6(a) of the Export-Import Bank Act 
of 1945 (12 U.S.C. 635e(a)) is amended by adding at the 
end the following: 
‘‘(4) SPECIAL RULE FOR INCREASE IN APPLICA-
BLE AMOUNT.— 
‘‘(A) IN
GENERAL.—Beginning in fiscal 
year 2017, and each fiscal year thereafter, the 
applicable amount under paragraph (1) shall be 
$175,000,000,000, if the Comptroller General 
of the United States determines pursuant to 
subparagraph (B) that the increase in the ap-
plicable amount under paragraph (1)(F) has 
been effective in increasing viable loans to fur-
ther United States exports, including to Africa. 
‘‘(B) REPORT BY GAO.—The Comptroller 
General of the United States shall conduct a 
study of the operations of the Bank and the ef-
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fectiveness of increasing the applicable amount 
under this subsection. Not later than 18 
months after the date of the enactment of this 
Act, the Comptroller General shall submit a re-
port to Congress regarding the Comptroller 
General’s determination on the effective use by 
the Bank of the increase in the applicable 
amount under this subsection.’’. 
(c) PERCENT TO BE USED FOR PROJECTS IN AFRI-
CA.—Section 6(a) of the Export-Import Bank Act of 1945 
(12 U.S.C. 635e(a)), as amended by subsection (b), is 
amended by adding at the end the following: 
‘‘(5) PERCENT OF INCREASE TO BE USED FOR 
PROJECTS IN AFRICA.—Not less than 25 percent of 
the amount by which the applicable amount under 
paragraph (1) is increased under paragraph (2) (F) 
or (G) over the applicable amount for fiscal year 
2011 shall be used for loans, guarantees, and insur-
ance for projects in Africa.’’. 
(d) AVAILABILITY OF PORTION OF CAPITALIZATION 
TO
COMPETE
AGAINST
FOREIGN
CONCESSIONAL 
LOANS.—Not less than $250,000,000 of the total bank 
capitalization of the Export-Import Bank shall be avail-
able annually for loans that counter below-market rate, 
preferential, tied aid, or other related non-market loans 
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offered by other nations for which United States compa-
nies are also competing or interested in competing. 
SEC. 10. TIED AID CREDIT FUND. 
(a) SENSE OF CONGRESS.—It is the sense of Con-
gress that the Export-Import Bank should use its Tied 
Aid Credit Fund to aggressively help United States com-
panies compete for projects in which a foreign government 
is using any type of below market, preferential, or tied 
aid loan. The Bank shall make use of any loan products 
available, including pursuant to section 9(d), to counter 
these foreign offerings. 
(b) REPORT.—Not later than 1 year after the date 
of the enactment of this Act, and annually thereafter, the 
Export-Import Bank shall report to the appropriate con-
gressional committees if the Bank has not used at least 
$220,000,000 in tied aid credit during the preceding fiscal 
year. The report shall include— 
(1) a description of all requests for grants from 
the Tied-Aid Credit Fund or other similar funds (es-
tablished under section 10 of the Export-Import 
Bank Act of 1945 (12 U.S.C. 635i–3)) received by 
the Bank during that fiscal year; 
(2) a description of similar concessional (below 
market rate) loans made by other countries during 
that fiscal year; and 
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(3) a description of any such grant requests 
that were denied and the reason for such denial. 
SEC. 11. SMALL BUSINESS ADMINISTRATION. 
Section 22(b) of the Small Business Act (15 U.S.C. 
649(b)) is amended— 
(1) in the matter preceding paragraph (1), by 
inserting ‘‘the Trade Promotion Coordinating Com-
mittee,’’ after ‘‘Director of the United States Trade 
and Development Agency,’’; and 
(2) in paragraph (3), by inserting ‘‘regional of-
fices of the Export-Import Bank,’’ after ‘‘Retired 
Executives,’’. 
SEC. 12. BILATERAL, SUBREGIONAL AND REGIONAL, AND 
MULTILATERAL AGREEMENTS. 
Where applicable, the United States Trade Rep-
resentative and officials of the Export-Import Bank shall 
explore opportunities to negotiate bilateral, subregional, 
and regional agreements that encourage trade and elimi-
nate nontariff barriers to trade between countries, such 
as negotiating investor friendly double-taxation treaties 
and investment promotion agreements. United States ne-
gotiators in multilateral forum should take into account 
the objectives of this Act. To the extent any such agree-
ments exist between the United States and an African 
country, the Trade Representative shall ensure that the 
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agreement is being implemented in a manner that maxi-
mizes the positive effects for United States trade, export, 
and labor interests as well as the economic development 
of the countries in Africa. 
Æ 
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