[Federal Register Volume 63, Number 123 (Friday, June 26, 1998)]
[Notices]
[Page 34952]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 98-17021]


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DEPARTMENT OF STATE

[Public Notice #2843]


Determination on Export-Import Bank Support for the Sale to 
Venezuela of Defense Articles or Services To Be Used Primarily for 
Counter-Narcotics Purposes

    Pursuant to section 2(b)(6) of the Export-Import Bank Act of 1945, 
as amended, and Executive Order 11958 of January 18, 1977, as amended 
by Executive Order 12680 of July 5, 1989, I hereby determine that:
    (1) The defense articles and services for which the Government of 
Venezuela has requested Export-Import Bank financial guarantees, parts 
and services for the refurbishment of seventeen (17) OV-10 aircraft, 
are being sold primarily for anti-narcotics purposes;
    (2) the sale of such defense articles and services would be in the 
national interest of the United States;
    (3) The requirement for a determination that the Government of 
Venezuela has complied with all restrictions imposed by the United 
States on the end-use of defense articles or services for which the 
Export-Import Bank has provided guarantees or insurance under section 
2(b)(6) of the Export-Import Bank Act is inapplicable because the 
pending financing will be the first Ex-Im Bank transaction with 
Venezuela made under section 2(b)(6) of the Act;
    (4) the requirement for a determination that the Government of 
Venezuela has not used defense articles or services for which the 
Export-Import Bank has provided guarantees or insurance under section 
2(b)(6) of the Export-Import Bank Act to engage in a consistent pattern 
of gross violations of internationally recognized human rights is 
inapplicable because the pending transaction will be the first Ex-Im 
Bank transaction with Venezuela made under section 2(b)(6) of the Act.
    The determination shall be reported to Congress and shall be 
published in the Federal Register.

    Dated: June 12, 1998.
Strobe Talbott,
Acting Secretary of State.
[FR Doc. 98-17021 Filed 6-25-98; 8:45 am]
BILLING CODE 4710-19-M