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USDA Extends First Loan Guarantees to Vietnam

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<i> Reuters</i>

The Agriculture Department has for the first time extended loan guarantees to Vietnam to help it finance purchases of U.S. farm goods.

The action adds Vietnam to a $90-million export credit guarantee program already in place for five other Southeast Asian markets. Last year the department opened an agricultural affairs office at the U.S. Embassy in Hanoi.

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