News | Board Minutes | 1998

EXPORT-IMPORT BANK OF THE UNITED STATES
SUMMARY OF MINUTES OF MEETING OF BOARD OF DIRECTORS
 DECEMBER 3, 1998

ITEM NO 1
Country BRAZIL            LOAN AP067303XX & GUARANTEE AP067902XX
Request for AMENDMENT OF FINAL COMMITMENT
Borrower      BANCO DO BRASIL SA, BRASILIA, DF BRAZIL
Guarantor      NONE
Buyer          SEC OF STRATEGIC AFFAIRS, BRASILIA, 70150-900 BRAZIL
End-user       CCSIVAM-COMIS PARA COORDENACAO PROJ SIVA, 20031-130 RIO DE JANEIRO BRAZIL
Project Description SUPERVISION & CONTROL OF LAND USE
Product Description AIR TRAFFIC CONTROL SYSTEMS
Board Decision APPROVED

ITEM NO 2
KOREA - USD 1 BILLION INCREASE IN EXISTING MEDIUM-TERM EXPORT CREDIT PROGRAM
Board Decision APPROVED

ITEM NO  3
Country CHINA (MAINLAND)                       AP071448XX
Request for FINAL COMMITMENT
Applicant      CHINA CONSTRUCTION BANK, BEIJING CHINA(MAINLAND)
Borrower       CHINA CONSTRUCTION BANK, BEIJING CHINA(MAINLAND)
Guarantor      NONE
Buyer          CHINA NATIONAL TECHNICAL IMPORT & EXPORT, BEIJING CHINA(MAINLAND)
Buyer          CHINA HUANENG INTL TRADE-ECON CORP, BEIJING CHINA(MAINLAND)
End-user       SHANDONG HUANENG POWER DEV CO LTD., JINAN, SHANDONG CHINA(MAINLAND)
Exporter       GENERAL ELECTRIC COMPANY*, SCHENECTADY NY
Supplier       GENERAL ELECTRIC COMPANY*, SCHENECTADY NY
Supplier       GENERAL ELECTRIC COMPANY*, SALEM VA
Gteed Lender   CITIBANK INTERNATIONAL PLC, LONDON, LONDON WC2R1LS UNITED KINGDOM
Project Name DEZHOU III
Project Description COAL FIRED POWER PLANT
Product Description STEAM TURBINE GENERATOR SETS
Financed Amount USD 76,000,000
Repayment Term  12 YEARS
Board Decision APPROVED

ITEM NO 4
COUNTRY REVIEW
Board Decision APPROVED AMENDMENT TO COUNTRY LIMITATION SCHEDULE (CLS),
            EFFECTIVE DECEMBER 3, 1998.