Referred to the Subcommittee on International Development, Finance, Trade and Monetary Policy.
Congressional Research Service
Official summary
Version 00 · Introduced in House · Sep 28, 1993
Defense Competitiveness Act of 1993 - Amends the Export-Import Bank Act of 1945 to permit the Export-Import Bank, for a five-year period, to finance the sale of defense articles or services to a qualified country if a U.S. company and a foreign entity are competing for the sale. (Currently, the Bank is prohibited from financing such sales.) Defines a "qualified country" as Japan, any member of NATO (other than the United States), and any party to the security treaty (ANZUS Pact) between Australia, New Zealand, and the United States (other than the United States). Limits the amount of financing provided in any fiscal year. Repeals provisions of the Foreign Assistance Act of 1961 concerning the international military education and training program.
No related bills are listed in this snapshot. This does not establish whether the proposal has appeared in earlier Congresses.
Source last updated: Aug 26, 2025. Consult Congress.gov for the current record.
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