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| Definition Of: |
Arrangement on Guidelines for Officially Supported Export Credits
The Arrangement is an international agreement under Organization for Economic Cooperation and Development auspices governing the conditions -- such as interest rate, repayment term, and cash downpayment -- of medium- and long-term official export credit; it does not apply to strictly private credit. For example, the Arrangement specifies how governments relate the interest rate on their export credits to market levels. Though informal and non-enforceable, Arrangement guidelines are regularly observed by the 22 OECD member governments that are "Participants" to the agreement.
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Transportation Dictionary INDEX:
List of Terms: Terms beginning with "A", Page 1 |
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Page Number:
1 2 3 4 5 6 A: Page 1 of 6.
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