Presidential Determination No. 92-14—Memorandum on Redesignation of Ethiopia Under the Export-Import Bank Act

Presidential Determination No. 92-14

Memorandum for the Secretary of State

Subject: Determination under Section 2(b)(2) of the Export-Import Bank Act of 1945, as amended: Ethiopia

Pursuant to the authority vested in me by section 2(b)(2)(C) of the Export-Import Bank Act of 1945, as amended (the Act), 12 U.S.C. 635(b)(2)(C), I hereby determine that Ethiopia (designated "Socialist Ethiopia" in section 2(b)(2)(B)(ii) of the Act) has ceased to be a Marxist-Leninist country within the definition of such term in subparagraph (B)(i) of such section.

You are directed to report this determination to the Congress and publish it in the Federal Register.

George Bush