Date: November 2, 1977
Subject: Loans to Panama
Description: Crane (R-IL) amendment to prohibit the Overseas Private Investment Corporation (OPIC) from making any loans to or guaranteeing or insuring any borrowings of the National Finance Corporation of Panama unless such loans or guarantees were first approved by Congress. This was an effort to obtain House approval of a portion of the Panama Canal treaty negotiations, which included OPIC loan guarantees to Panama.
Result: Amendment Rejected, 188-215
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