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TeachMeFinance.com - explain Commodity Import Programs (CIPs) Commodity Import Programs (CIPs) The term 'Commodity Import Programs (CIPs) ' as it applies to the area of agriculture can be defined as ' The U.S. Agency for International Development uses a small portion of U.S. foreign aid funds to make grants and loans to countries judged important to U.S. foreign policy objectives. These CIPs, by making dollars available, help these countries finance purchases of U.S. commodities (including agricultural commodities) or other inputs needed to meet their development objectives and also provide balance-of-payments support to countries with very limited foreign exchange'. Previous 5 Terms: Commodity Distribution Reform Act and WIC Amendments of 1987 Commodity exchange Commodity Exchange Authority Commodity Futures Trading Commission (CFTC) Commodity Futures Trading Commission (CFTC) Act of 1974 Next 5 Terms: Commodity letters of credit (CLOC) Commodity loan rates Commodity programs Commodity promotion programs Commodity Supplemental Food Program (CSFP) About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2005-2011 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details.