ExecutiveOrdersEO
DetDeterminationObama · D

Presidential Determination

Presidential Determination for the Kingdom of Cambodia Under Section 2(b)(2) of the Export-Import Bank Act of 1945, as amended

TradeTradeEconomy & LaborEconomy & Labor

In simple terms

President Obama determined that Cambodia no longer qualifies as a Marxist-Leninist country under the Export-Import Bank Act of 1945, making it eligible for Export-Import Bank financing programs. The Secretary of State was directed to publish this determination in the Federal Register.

Federal Register Open PDF 74 FR 28865

Record & deadlines

  1. Signed

    Signed by the President

  2. FR published

    Published in the Federal Register · 74 FR 28865

    Federal Register PDF

  3. Federal Register publication

Key directives

  • Determine that Cambodia has ceased to be a Marxist-Leninist country under 12 U.S.C. 635(b)(2)(B)(i)
  • Direct Secretary of State to publish determination in Federal Register

Who is ordered

What to expect

Immediate

  • Determination takes effect upon signing
  • Cambodia becomes eligible for Ex-Im Bank programs

Near term (90d)

  • Federal Register publication directed

Long term

  • Ongoing trade financing availability for Cambodia

Risks & tensions

  • Timing follows Cambodia's political evolution; no explicit criteria stated for cessation determination
  • Narrow statutory determination with limited transparency on assessment methodology
Presidential Determination: Presidential Determination for the Kingdom of Cambodia Under Section 2(b)(2) of the Export-Import Bank Act of 1945, as amended · Executive Orders