FACTBOX: U.S. economic aid expanded for Georgia

Wed Sep 3, 2008 4:17pm EDT

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(Reuters) - Following are details of expanded U.S. economic aid for Georgia, which is trying to recover from its war with Russia over the breakaway regions of South Ossetia and Abkhazia.

* Provide $1 billion to support Georgia's government, rebuild infrastructure as well as for private sector financing, humanitarian aid and other development. Included is $150 million from the U.S. Overseas Private Investment Corp. for private sector investments.

* Explore negotiating an enhanced bilateral investment treaty with Georgia and propose legislation to Congress that would expand preferential access for Georgian exports into the United States.

* Send a trade mission to Georgia sponsored by the U.S. Commerce Department in the coming weeks. Secretary Carlos Gutierrez will help U.S. companies interested in trade and investment in Georgia.

* Offer insurance for maritime shipping if commercial insurance cannot be obtained on reasonable terms.

* Back a $750 million loan program from the International Monetary Fund to Georgia on Wednesday.

SOURCE: White House

(Reporting by Jeremy Pelofsky; Editing by David Alexander and Bill Trott)