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USDA amends GSM-102 credit guarantees for export sales to South America region, increases the allocation from $700 million to $900 million
Washington, DC
June 25, 2004

The U.S. Department of Agriculture has amended the Commodity Credit Corporation's Export Credit Guarantee Program (GSM-102) for sales of U.S. agricultural commodities to South America region for fiscal year 2004 by $200 million. The amendment increases the allocation from $700 million to $900 million.

This program announcement is issued in accordance with 7 C.F.R. 1493.10(d).

TERMS OF COVERAGE
All other terms and conditions as previously announced remain the same. The previous Foreign Agricultural Service announcement pertinent to this allocation is PR 0241-03.

POINTS OF CONTACT
FAS news releases are available on the Internet at http://www.fas.usda.gov. For additional information about Web access, contact FAS Public Affairs Division at (202) 720-7115.

In the event of any discrepancy between the FAS Online home page version of this release and the standard FAS release (available in hard copy from FAS), the standard release shall prevail as establishing terms and conditions of any CCC payment guarantees issued pursuant to this release.

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