Question

Q6. What kinds of exports are eligible under the export working capital program?

Q10. State some of the programs available to promote U.S agricultural exports.

Answer 1

6. All the exports that are shipped from US may it be good or service are eligible for the working capital program. This also includes the licenses defense exports plus it does not even require the US content on it. The indirect exporters are also eligible for the same. The indirect exporters are those who sell into an exporting supply chain or to an export broker. International tourism also forms the part of the same.

10. Following are the programs available to promote US agricultural exports:

a. Market Access Program= It promotes the agricultural products worldwide plus also finances the activities to market.

b. Export Credit Guarantee Program: This program guarantees the repayment when US banks provide credit to foreign banks to finance the agricultural sales.

c. Facilities guarantee Program: guarantees to finance the exports of US when the exports are meant to establish facilities for agricultural facilities. By this, they ensure that the sales are now being made even to the countries where previously handling and storing was an issue.