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

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

Impact dates

  1. 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

Timeline

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