---
kind: "section"
citation: "12 U.S.C. § 635s"
title: "12"
title_heading: "Banks and Banking"
number: "635s"
heading: "Implementation"
release: "119-102"
date: "2026-07-12"
url: "https://uscodex.org/usc/12/635s"
units:
  - "Chapter 6A — Export-Import Bank of the United States"
  - "Subchapter III — Tied Aid Credit Export Subsidies"
---

# §635s. Implementation

- (a)
  - (1) The National Advisory Council on International Monetary and Financial Policies shall coordinate the implementation of the [tied aid credit](/usc/12/635t.md?p=1) programs authorized by sections [635q](/usc/12/635q.md) and [635r](/usc/12/635r.md) of this title.
  - (2) No financing may be approved under the [tied aid credit](/usc/12/635t.md?p=1) programs authorized by section [635q](/usc/12/635q.md) or [635r](/usc/12/635r.md) of this title without the unanimous consent of the members of the National Advisory Council on International Monetary and Financial Policies.
- (b) The Trade and Development Agency shall be represented at any meetings of the National Advisory Council on International Monetary and Financial Policies for discussion of [tied aid credit](/usc/12/635t.md?p=1) matters, and the representative of the Trade and Development Agency at any such meeting shall have the right to vote on any decisions of the Advisory Council relating to [tied aid credit](/usc/12/635t.md?p=1) matters.

## Source credit

(Pub. L. 98–181, title I [title VI, § 646], Nov. 30, 1983, 97 Stat. 1265; Pub. L. 100–418, title II, § 2204(c)(2), Aug. 23, 1988, 102 Stat. 1331; Pub. L. 102–549, title II, § 202(c)(1), Oct. 28, 1992, 106 Stat. 3658.)

## Notes

### Editorial Notes

### Amendments

1992—Subsec. (b). Pub. L. 102–549 substituted “Development Agency” for “Development Program” in two places.

1988—Subsec. (b). Pub. L. 100–418 added subsec. (b).