### Question
How does TIED AID CREDIT EXPORT SUBSIDIES define parallel financing?


### Answer
Under *12 U.S.C. § 635t*, **parallel financing** is defined as:

> the related use of various combinations of separate lines of official development assistance, official export credits, and private commercial credit, not combined into a single package with a single set of financial terms, to finance exports

#### Citation:
  - *12 U.S.C. § 635t*
  - Heading: **CHAPTER 6A-EXPORT-IMPORT BANK OF THE UNITED STATES > SUBCHAPTER III-TIED AID CREDIT EXPORT SUBSIDIES**

