[Weekly Compilation of Presidential Documents Volume 29, Number 15 (Monday, April 19, 1993)]
[Page 596]
[Online from the Government Publishing Office, www.gpo.gov]

<R04>
Memorandum on Trade With the People's Republic of China

 April 15, 1993

Presidential Determination No. 93-19

Memorandum for the Secretary of State

Subject: Determination Under Section 2(b)(2)(D) of the Export-Import 
Bank Act of 1945, as amended: People's Republic of China

    Pursuant to section 2(b)(2)(D) of the Export-Import Bank Act of 
1945, as amended (12 U.S.C. 635(b)(2)(D)), I determine that it is in the 
national interest for the Export-Import Bank of the United States to 
extend a loan in the amount of $78,232,982 to the People's Republic of 
China in connection with the purchase of U.S. equipment and services for 
Qidashan Iron Ore Mine and Benefication Plant in Liaoning Province.
    You are authorized and directed to report this determination to the 
Congress and publish it in the Federal Register.
                                            William J. Clinton

Note: This memorandum was released by the Office of the Press Secretary 
on April 16.