(d) EXPANSION
OF COUNTRIES
IN COMPETITION 
WITH WHOM THE BANK IS TO PROVIDE EXPORT FI-
NANCING.—Section 2(b)(1)(A) of such Act (12 U.S.C. 
635(b)(1)(A)) is amended in the 2nd sentence by inserting 
‘‘, including countries the governments of which are not 
members of the Arrangement (as defined in section 
10(h)(3))’’ before the period. 
(e) AUTHORITY TO SEEK USE OF MIXED FORMS OF 
CONCESSIONAL FINANCING.—Section 10 of such Act (12 
U.S.C. 635i–3) is amended by adding at the end the fol-
lowing: 
‘‘(i) AUTHORITY TO SEEK USE OF MIXED FORMS OF 
CONCESSIONAL FINANCING.—For purposes of improving 
the effects of Bank financing on development in tied aid 
eligible markets (as defined under the Arrangement) and 
of improving the competitiveness of the Bank in the mar-
kets, the Bank shall, in consultation with United States 
government aid agencies and, as appropriate, multilateral 
aid institutions, seek to establish, consistent with the Ar-
rangement, a mixed credit program consisting of longer 
term financing and other forms of more flexible repayment 
terms, financing of transactions in local currencies, and 
other forms of concessional financing that meets the needs 
of the product sector and foreign market involved.’’. 
VerDate Aug 31 2005 
18:43 Apr 04, 2006
Jkt 049196
PO 00000
Frm 00034
Fmt 6652
Sfmt 6201
E:\BILLS\H5068.IH
H5068
rwilkins on PROD1PC63 with BILLS
(f) INSTRUCTIONS REGARDING NEGOTIATION
OF 
THE OECD ARRANGEMENT.—The Secretary of the Treas-
ury shall instruct the designee of the Secretary to the ne-
gotiation of the Arrangement (as defined in section 
10(h)(3) of the Export-Import Bank Act of 1945) to in-
form the other participants in the negotiation that the 
goals of the United States include the following: 
(1) Seeking compliance with the Arrangement 
among countries with significant export credit pro-
grams who are not members of the Arrangement. 
(2) Seeking to identify within the World Trade 
Organization the extent to which countries that are 
not a party to the Arrangement are not in compli-
ance with the terms of the Agreement on Subsidies 
and Countervailing Measures referred to in section 
101(d)(12) of the Uruguay Round Agreements Act 
(19 U.S.C. 3511(d)(12)) in regards to export fi-
nance, and seeking appropriate action within the 
World Trade Organization if such a country is not 
in such compliance. 
(3) Implementing new disciplines on the use of 
untied aid, market windows, and other forms of ex-
port finance that seek to exploit loopholes in the Ar-
rangement for purposes of obtaining a commercial 
competitive advantage. 
VerDate Aug 31 2005 
18:43 Apr 04, 2006
Jkt 049196
PO 00000
Frm 00035
Fmt 6652
Sfmt 6201
E:\BILLS\H5068.IH
H5068
rwilkins on PROD1PC63 with BILLS
SEC. 11. CONSIDERATION OF ENVIRONMENTAL MATTERS 
BY THE ADVISORY COMMITTEE. 
Section 3(d) of the Export-Import Bank Act of 1945 
(12 U.S.C. 635a(d)) is amended— 
(1) in paragraph (1)— 
(A) in subparagraph (A), by striking ‘‘15’’ 
and inserting ‘‘17’’; and 
(B) in subparagraph (B), by inserting ‘‘en-
vironment,’’ before ‘‘production,’’; and 
(2) in paragraph (2), by adding at the end the 
following: 
‘‘(C) Not less than 2 members appointed to the Advi-
sory Committee shall be representative of the environ-
mental nongovernmental organization community, except 
that no 2 of the members shall be from the same environ-
mental organization. Environmental organizations rep-
resented shall have demonstrated experience with environ-
mental issues associated with the Bank, the Export Credit 
Group of the Organization for Economic Cooperation and 
Development, or both.’’. 
SEC. 12. TECHNICAL CORRECTIONS. 
Section 2(b)(2)(B)(ii) of the Export-Import Bank Act 
of 1945 (12 U.S.C. 635(b)(2)(B)(ii)) is amended by strik-
ing subclauses (I), (III), (VII), (VIII), and (IX), and re-
designating subclauses (II), (IV), (V), and (VI) as sub-
clauses (I) through (IV), respectively. 
VerDate Aug 31 2005 
18:43 Apr 04, 2006
Jkt 049196
PO 00000
Frm 00036
Fmt 6652
Sfmt 6201
E:\BILLS\H5068.IH
H5068
rwilkins on PROD1PC63 with BILLS
SEC. 13. EFFECTIVE DATE. 
The amendments made by this Act shall take effect 
on October 1, 2006. 
Æ 
VerDate Aug 31 2005 
18:43 Apr 04, 2006
Jkt 049196
PO 00000
Frm 00037
Fmt 6652
Sfmt 6301
E:\BILLS\H5068.IH
H5068
rwilkins on PROD1PC63 with BILLS