Presidential Determination No. 91 - 32 -- Memorandum on the Extension of Credit to Mongolia

Memorandum for the Secretary of State

Subject: Determination Under Section 2(b)(2)(D)(i) of the Export-Import Bank Act of 1945, as Amended -- Mongolia

Pursuant to section 2(b)(2)(D)(i) of the Export-Import Bank Act of 1945, as amended (12 U.S.C. 635(b)(2)(D)(i)), I determine that it is in the national interest for the Export-Import Bank of the United States to guarantee, insure, extend credit, and participate in the extension of credit in connection with the purchase or lease of any product by, for use in, or for sale or lease to Mongolia.

You are authorized and directed to report this determination to the Congress and to publish it in the Federal Register.

George Bush

[Filed with the Office of the Federal Register, 12:38 p.m., May 7, 1991]