[Federal Register Volume 67, Number 127 (Tuesday, July 2, 2002)]
[Notices]
[Page 44496]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 02-16655]


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DEPARTMENT OF STATE

[Public Notice 4060]


Determination Regarding Export-Import Bank Financing of Certain 
Defense Articles and Services for the Government of Venezuela

    Pursuant to section 2(b)(6) of the Export-Import Bank Act of 1945, 
as amended, Executive Order 11958 of January 18, 1977, as amended by 
Executive Order 12680 of July 5, 1989, and State Department Delegation 
of Authority No. 245 of April 23, 2001, I hereby determine that:
    (1) The defense articles and services for which the Government of 
Venezuela has requested Export-Import Bank (Ex-Im Bank) financing, 
spare parts for the maintenance of 12 OV-10 aircraft, are being sold 
primarily for anti-narcotics purposes.
    (2) The sale of such defense articles and services is in the 
national interest of the United States.
    (3) The requirement for a determination that the Government of 
Venezuela has complied with all U.S.-imposed end use restrictions on 
the use of defense articles and services previously financed under the 
Act is inapplicable at this time because the six previous transactions 
involving Ex-Im Bank Bank financing of defense articles and services 
for Venezuela have not been completed. Ex-Im Bank approved financing in 
support of six prior transactions involving Venezuela, but neither 
delivery of the defense article nor provision of the defense services 
have been completed in any of the six cases. The six previous 
transactions financed in part by Ex-Im Bank include: (1) Two cases 
involving the maintenance and refurbishment of the OV-10 aircraft in 
which the service has not yet been performed; (2) one case involving 
two 150-foot logistic support vessels that have not yet been delivered; 
(3) one case involving parts for the modification of four frigates that 
have not yet been installed; and (4) two cases involving reverse 
osmosis water purification and air conditioning and engine overhaul 
equipment for four Landing Ship, Tank (LST) vessels that have not yet 
been delivered or installed.
    (4) The requirement for a determination that the Government of 
Venezuela has not used defense articles or services previously provided 
under the Act to engage in a consistent pattern of gross violations of 
internationally recognized human rights Act is inapplicable at this 
time because the six previous transactions have not been completed. As 
stated above, Ex-Im Bank financing has been used in connection with six 
defense articles or services transactions involving the Government of 
Venezuela. Two transactions involved maintenance and refurbishment of 
OV-10 aircraft for which the service has not yet been completed. A 
third transaction involved the delivery of two vessels, a fourth the 
modification of four frigates, and the fifth and sixth the modification 
of four Landing Ship, Tank (LST) naval vessels. None of these 
transactions have been completed.
    This determination shall be reported to Congress and shall be 
published in the Federal Register.

    Dated: March 12, 2002.
Richard L. Armitage,
Deputy Secretary of State, Department of State.
[FR Doc. 02-16655 Filed 7-1-02; 8:45 am]
BILLING CODE 4710-10-P