(7) To establish, organize, own, acquire, participate in, operate, sell, and transfer export trading companies, whether as shareholder, partner, or co-venturer, alone or in cooperation with federal, state, or local governmental authorities, federal, state, or national banking associations, or any other public or private corporation or person or persons. An export trading company organized or operated under this paragraph and all the property of the export trading company shall have the same privileges and immunities as accorded to the participating municipality and may borrow money or obtain financial assistance from private lenders or federal and state governmental authorities or issue general obligation and revenue bonds with the same kinds of security in accordance with the same procedures, restrictions, and privileges applicable when a participating municipality obtains financial assistance or issues bonds for any of its other authorized purposes. An export trading company organized or operated under this paragraph may apply for certification under Title II or Title III of the federal Export Trading Company Act of 1982. As used in this paragraph (7), "export trading company" means a person, partnership, association, public or private corporation, or similar organization, whether operated for profit or not-for-profit, which is organized and operated principally for purposes of exporting goods or services produced in the United States, importing goods or services produced in foreign countries, conducting third-country trading, or facilitating trade by providing one or more services in support of trade.