Is there a set list of emerging market countries that are eligible?
No. We apply the general definition in the legislation authorizing the Program and additional administrative criteria to determine which countries qualify as emerging markets. The most important criteria is the World Banks income threshold for upper middle income countries. Because this figure varies from year to year, we have not cemented in a list of countries. Also, there are a few countries which may be of interest to potential U.S. exporters, but because of political sensitivities require special consideration and consultation within the U.S. government before any Program funds could be used. Details are provided in the application announcement published annually in the Federal Register.
