Export Credit Pact Sought By U.S., China Would Replace OECD Guidelines, Official Says

摘要

The agreement announced last week by the United States and China to pursue a common set of international guidelines on official export financing by 2014 is aimed at creating a new framework that would ultimately replace the export credit arrangement that currently exists between members of the Organization for Economic Cooperation and Development (OECD), according to a Treasury Department official. China is not a member of the current non-binding guidelines, known as the Arrangement on Officially Supported Export Credits, which receive technical support from the OECD secretariat but are not formally an OECD agreement. The goal of the deal announced last week is to bring China into an export credit framework that is as strong as the existing arrangement, the official said.