# 7 CFR § 1493.3: Restrictions on programs and cargo preference statement

> Federal · Regulations · In force

URL: https://www.frixlaw.com/law-library/statutes/ecfr-7-1493.3

## Section

- **Citation:** 7 CFR § 1493.3
- **Heading:** Restrictions on programs and cargo preference statement
- **Jurisdiction:** Federal
- **Kind:** Regulations
- **Status:** In force
- **Text as of:** September 22, 2026
- **Source:** Publisher's official text
- **Location:** Title 7—Agriculture > Subtitle B—Regulations of the Department of Agriculture > CHAPTER XIV—COMMODITY CREDIT CORPORATION, DEPARTMENT OF AGRICULTURE > SUBCHAPTER C—EXPORT PROGRAMS > PART 1493—CCC EXPORT CREDIT GUARANTEE PROGRAMS > Subpart A—Restrictions and Criteria for Export Credit Guarantee Programs

## Text

(a) Restrictions on use of Payment Guarantees. (1) Payment Guarantees authorized under these regulations shall not be used for foreign aid, foreign policy, or debt rescheduling purposes.
(2) CCC shall not make Payment Guarantees available in connection with sales of U.S. Agricultural Commodities to any country that the Secretary determines cannot adequately service the debt associated with such sale.
(3) CCC shall not make Payment Guarantees available in connection with sales of U.S. Agricultural Commodities financed by any Foreign Financial Institution that CCC determines cannot adequately service the debt associated with such sale.
(b) Cargo preference laws. The provisions of the cargo preference laws do not apply to export sales with respect to which Payment Guarantees are issued under these programs.

## Nearby sections

- [7 CFR § 1493.1 § 1493.1 General statement.](https://www.frixlaw.com/law-library/statutes/ecfr-7-1493.1.md)
- [7 CFR § 1493.2 § 1493.2 Purposes of programs.](https://www.frixlaw.com/law-library/statutes/ecfr-7-1493.2.md)
- [7 CFR § 1493.3 § 1493.3 Restrictions on programs and cargo preference statement.](https://www.frixlaw.com/law-library/statutes/ecfr-7-1493.3.md)
- [7 CFR § 1493.4 § 1493.4 Criteria for country and regional allocations.](https://www.frixlaw.com/law-library/statutes/ecfr-7-1493.4.md)
- [7 CFR § 1493.5 § 1493.5 Criteria for agricultural commodity allocations.](https://www.frixlaw.com/law-library/statutes/ecfr-7-1493.5.md)
- [7 CFR § 1493.10 § 1493.10 General statement.](https://www.frixlaw.com/law-library/statutes/ecfr-7-1493.10.md)
- [7 CFR § 1493.20 § 1493.20 Definition of terms.](https://www.frixlaw.com/law-library/statutes/ecfr-7-1493.20.md)
- [7 CFR § 1493.30 § 1493.30 Information required for Exporter participation.](https://www.frixlaw.com/law-library/statutes/ecfr-7-1493.30.md)
- [7 CFR § 1493.40 § 1493.40 Information required for U.S. Financial Institution participation.](https://www.frixlaw.com/law-library/statutes/ecfr-7-1493.40.md)
- [7 CFR § 1493.50 § 1493.50 Information required for Foreign Financial Institution participation.](https://www.frixlaw.com/law-library/statutes/ecfr-7-1493.50.md)
- [7 CFR § 1493.60 § 1493.60 Certifications required for program participation.](https://www.frixlaw.com/law-library/statutes/ecfr-7-1493.60.md)
- [7 CFR § 1493.70 § 1493.70 Application for Payment Guarantee.](https://www.frixlaw.com/law-library/statutes/ecfr-7-1493.70.md)
- [7 CFR § 1493.80 § 1493.80 Certification requirements for obtaining Payment Guarantee.](https://www.frixlaw.com/law-library/statutes/ecfr-7-1493.80.md)
- [7 CFR § 1493.90 § 1493.90 Special requirements of the Foreign Financial Institution Letter of Credit and the Terms and Conditions Document, if applicable.](https://www.frixlaw.com/law-library/statutes/ecfr-7-1493.90.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/ecfr-7-1493.3. Check the current official text before relying on it. Not legal advice.