67 



11 



augmenting suppliers' credit they currently receive. For administrative simplicity, we are 

 analyzing whether such credit might be made available through banks (foreign banks for 

 importers, domestic banks for exporters), but not on the letter of credit basis familiar 

 from GSM- 102. 



Export subsidies 



We will continue the aggressive use of the Export Enhancement Program 

 wherever we face subsidized competition until mandated cutbacks kick in. In addition, 

 we are looking at ways we can maximize the results of our subsidy programs in the new 

 world trading environment that will be created by the Uruguay Round Agreement. 



Promotion programs 



We have already made significant changes in the Market Promotion Program. 

 We will work with cooperators and other participants in the Market Promotion Program 

 and the Foreign Market Development Program to develop ways to target the resources 

 of these programs on emerging markets, and review perceived shortcomings in these 

 programs. 



Commodity analysis 



Timely, accurate reporting of the foreign agricultural situation and outlook is the 

 key to effective planning. In addition to re-targeting the commodity/coverage matrix of 

 our reporting as we have recently done, we are looking at a new initiative - developing a 

 data base covering competitors' practices and activities. Such information compiled in an 

 efficient manner remains a missing link in our ability to know what we're up against, and 

 how to compete most effectively. Efficiency is a key, as we are asked to do more with 

 less. 



