Amends the Foreign Assistance Act of 1961 to require the Overseas Private Investment Corporation to issue guarantees through FY 1994 against losses incurred in connection with loans to U.S. firms for the establishment or maintenance of low-cost, financially viable distribution facilities in Ireland that utilize U.S.-manufactured products and components.
Sets forth limits on the total amount of guarantees and establishes loan terms.
Permits the issuance of such guarantees only to such extent or in such amounts as provided in advance in appropriations Acts.
Introduced in Senate
Sponsor introductory remarks on measure. (CR S9076)
Read twice and referred to the Committee on Foreign Relations.
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