[Code of Federal Regulations]
[Title 7, Volume 10]
[Revised as of January 1, 2008]
From the U.S. Government Printing Office via GPO Access
[CITE: 7CFR1486.206]

[Page 768]
 
                          TITLE 7--AGRICULTURE
 
  CHAPTER XIV--COMMODITY CREDIT CORPORATION, DEPARTMENT OF AGRICULTURE
 
PART 1486_EMERGING MARKETS PROGRAM--Table of Contents
 
            Subpart B_Eligibility, Applications, and Funding
 
Sec. 1486.206  What is the Quick Response Marketing Fund?

    (a) This fund was established to address priority constraints to 
market access that arise because of unforeseen events; market conditions 
in emerging markets are often less predictable than in more developed 
countries. It allows responsiveness to time-sensitive marketing problems 
or opportunities, such as a change in an import regime or the removal of 
a trade embargo; an unexpected or unusual change in the political or 
financial situation in a country; or a significant change in crop 
conditions--any of which may have an immediate impact on the access of 
particular commodities or products to specific markets.
    (b) Proposals for the Quick Response Marketing Fund must identify 
specific market access issues that also face time constraints. 
Application content, evaluation, and reporting requirements are the same 
as for the Central Fund.