Additional FY 2022 Funds Available for Export Credit Guarantee Program (GSM-102)

Additional FY 2022 Funds Available for Export Credit Guarantee Program (GSM-102)

The following stakeholder notice was published by the U.S. Department of Agriculture Foreign Agricultural Service on April 11. It is reproduced in full below.

On April 11, 2022, the U.S. Department of Agriculture announced increased availability of credit guarantees for sales of U.S. agricultural commodities under the Commodity Credit Corporations (CCC) Export Credit Guarantee Program (GSM-102) for fiscal year 2022. In addition, banks in Sub-Saharan Africa (SSA) Region are now able to finance transactions for the Middle East North Africa Turkey Caucasus Central Asia (MENATCCA) Region. SSA banks are listed at this link: https://www.fas.usda.gov/gsm-102-approved-foreign-financial-institutions-subsaharan-africa-region

Further details of the announcements may be found at: https://www.fas.usda.gov/programs/export-credit-guarantee-program-gsm-102/gsm-102-allocations.

Source: U.S. Department of Agriculture Foreign Agricultural Service

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