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USDA Offers GSM-102 Credit for Southeast Balkan Region
USDA OFFERS GSM-102 CREDIT GUARANTEES FOR EXPORT SALES TO THE SOUTHEAST BALKAN REGION

WASHINGTON, April 5, 2005 – The U.S. Department of Agriculture today announced the availability of $25 million in credit guarantees for sales of U.S. agricultural commodities to the Southeast Balkan region under the Commodity Credit Corporation's Export Credit Guarantee Program (GSM-102) for fiscal year 2005. The Southeast Balkan Region includes Albania, Bulgaria, Macedonia, Moldova and Romania.

The GSM-102 program helps ensure that credit is available to finance commercial exports of U.S. agricultural products to developing countries, while providing competitive credit terms in these countries. Under this program, CCC reduces the financial risk to lenders by guaranteeing payments due from approved foreign banks to exporters or financial institutions in the United States.

This program announcement is issued in accordance with title 7, section 1493.10(d) of the Code of Federal Regulations.
MGR Archive 10.4.2005
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Region Type Price  
Russia Rapan $ 700
USA Jupiter Rice $630
USA Calrose #1 $830
USA Calrose #1 Paddy $480
EU Prices Baldo €660
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