Legislación
US (United States) Code. Title 22. Chapter 7: International bureaus, congresses, etc
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22 USC CHAPTER 7 - INTERNATIONAL BUREAUS, CONGRESSES,
ETC. 01/06/03
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TITLE 22 - FOREIGN RELATIONS AND INTERCOURSE
CHAPTER 7 - INTERNATIONAL BUREAUS, CONGRESSES, ETC.
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CHAPTER 7 - INTERNATIONAL BUREAUS, CONGRESSES, ETC.
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Sec.
261. Policy as to settlement of disputes and disarmament.
262. President's participation in international congresses
restricted.
262-1. Restriction relating to United States accession to any
new international criminal tribunal.
(a) Prohibition.
(b) Jurisdiction described.
(c) Statutory construction.
(d) "New international criminal tribunal" defined.
262a. Contributions to international organizations; consent
of State Department; limitations as to certain
organizations.
262b. Commitments for United States contributions to
international organizations; limitations;
consultation with Congressional committees.
262c. Commitments for United States contributions to
international financial institutions fostering
economic development in less developed countries;
continuation of participation.
(a) Congressional findings.
(b) Funding commitments to international financial
institutions; availability of funds subject to
appropriations.
262d. Human rights and United States assistance policies
with international financial institutions.
(a) Policy goals.
(b) Policy considerations for Executive Directors
of institutions in implementation of duties.
(c) Reporting requirements.
(d) Requirements of United States assistance
through institutions for projects in recipient
countries.
(e) Criteria for determination of gross violations
of internationally recognized human rights
standards.
(f) Opposition by United States Executive Directors
of institutions to financial or technical
assistance to violating countries.
(g) Consultative and additional reporting
requirements.
(g) Violations of religious freedom.
262d-1. Congressional statement of policy of human rights and
United States assistance policies with international
institutions.
262e. Comparability of salaries and benefits of employees of
international financial institutions with employees
of American private business and governmental
service.
262f. Promotion of development and utilization of light
capital technologies and United States assistance
policies with international financial institutions.
262g. Human nutrition in developing countries and United
States assistance policies with international
financial institutions; declaration of policy.
262g-1. Targeting assistance to specific populations.
(a) Congressional findings.
(b) Assistance to poorest populations.
262g-2. Establishment of guidelines for international
financial institutions.
(a) Consultation with representatives of member
countries.
(b) Congressional findings regarding implementation
of objectives.
262g-3. International negotiations on future replenishments of
international financial institutions; consultation
with appropriate Members of Congress.
262h. Opposition by United States Executive Directors of
international financial institutions to assistance
for production or extraction of export commodities or
minerals in surplus on world markets.
262i. Repealed.
262j. Use of renewable resources for energy production.
(a) Promotion, etc., by United States in connection
with international financial institutions.
(b) "Renewable resource" defined.
262k. Financial assistance to international financial
institutions; considerations and criteria.
(a) Congressional declaration of intent.
(b) Effect of country adjustment programs;
minimization of projected adverse impacts;
avoidance of government subsidization.
(c) Project proposals relating to mining, smelting,
refining, and fabricating of minerals and
metal products.
(d) International financial institutions.
262k-1. Transparency of budgets.
(a) Limitation.
(b) "International financial institution" defined.
262k-2. Female genital mutilation.
(a) Limitation.
(b) "International financial institution" defined.
262l. Omitted.
262m. Congressional findings and policies for multilateral
development banks respecting environment, public
health, natural resources, and indigenous peoples.
262m-1. Environmental performance of banks; mechanisms for
improvement.
262m-2. Environmental impact of assistance proposals.
(a) Analysis by agencies, United States embassies
and overseas missions of Agency for
International Development; factors considered;
affirmative investigation of adverse impacts;
availability of information to public.
(b) Evaluation by major shareholder governments
prior to bank action on assistance proposals.
(c) Identification of proposals likely to have
adverse impact; transmittal to Congress.
(d) Reports to Executive Directors; elimination or
mitigation of adverse impacts.
262m-3. Cooperative information exchange system.
262m-4. Environmental educational and training programs for
mid-level bank managers and officials of borrowing
countries.
262m-5. Environmental impact statements; factors considered;
promotion of activities by United States Executive
Directors.
262m-6. Repealed.
262m-7. Assessment of environmental impact of proposed
multilateral development bank actions.
(a) Assessment required before favorable vote on
action.
(b) Access to assessments in all member countries.
(c) Consideration of assessment.
(d) Development of procedures for systematic
environmental assessment.
(e) Use of United States personnel.
(f) Reports.
(g) "Multilateral development bank" defined.
262n. Congressional findings and policies respecting
agricultural and commodity production.
262n-1. Increase in income and employment in developing
countries; enhancement of purchasing power;
diversification away from single crop or product
economies.
262n-2. Financing projects for production of export
commodities, products, or minerals in surplus in
world markets discouraged; instructions by Secretary
of the Treasury to United States Executive Directors.
262n-3. Reduction of barriers to agricultural trade.
262o. Negotiations concerning replenishment or increase in
capital; annual reports on implementation of lending
policy goals.
262o-1. Military spending by recipient countries; military
involvement in economies of recipient countries.
(a) Consideration of commitment to achieving
certain goals.
(b) Steps to achieve goals required.
262o-2. Advocacy of policies to enhance general effectiveness
of International Monetary Fund.
(a) In general.
(b) Coordination with other executive departments.
262p. Impact adjustment lending programs.
(a) Establishment of guidelines; impact statements.
(b) Proposed contents of impact statements.
(c) Report to member governments by United States
Executive Director of International Bank for
Reconstruction and Development and by
International Development Association.
(d) "Adjustment lending" defined.
262p-1. Grassroots Collaboration Program.
(a) Proposal for establishment; private
involvement; projects or policies for
alleviation of poverty and promotion of
environmental protection.
(b) Implementation and financing of program.
(c) Flexible financing; initial grant.
(d) Repealed.
(e) Annual reports to Congress.
262p-2. Instructions to United States Executive Directors for
extension of credit.
(a) International Bank for Reconstruction and
Development; International Development
Association; access of poor to formal sources
of credit; identification and removal of
barriers to extension of credit generally and
to provisions of credit to microenterprises.
(b) African Development Bank and Asian Development
Bank; provision of credit to microenterprises.
(c) Annual reports to Congress; inclusion of status
of microenterprise credit promotion
activities.
262p-3. Participation of women in economic, social and policy
development activities.
(a) Congressional declaration of policy.
(b) Instructions by Secretary of the Treasury to
United States Executive Directors.
(c) Annual reports to Congress.
262p-4. Instructions to United States Executive Directors;
indigenous people in borrowing country; determination
of impact; protection of rights; consultation.
262p-4a. Loan programs to reduce economic dependence on illicit
narcotics.
(a) Findings.
(b) Loan programs to reduce economic dependence on
illicit narcotics.
(c) Coordination among assistance programs designed
to reduce economic dependency on illicit
narcotics.
262p-4b. Directives regarding government-owned enterprises in
countries receiving World Bank loans.
(a) Finding.
(b) Technical assistance to transform
government-owned enterprises into privately
owned enterprises.
(c) Reports.
262p-4c. Initiation of discussions to facilitate
debt-for-development swaps for human welfare and
environmental conservation.
(a) Findings.
(b) Initiation of discussions to facilitate
debt-for-development swaps for human welfare
and environmental conservation.
262p-4d. Initiation of discussions to facilitate financing of
human welfare and natural resource programs in
sub-Saharan Africa in connection with debt reduction
and conversion.
(a) Findings.
(b) Initiation of discussions to facilitate
financing of human welfare and natural
resource programs in sub-Saharan Africa in
connection with debt reduction and conversion.
262p-4e. Extent to which borrowing country governments have
honored debt-for-development swap agreements to be
considered as factor in making loans to such
borrowers.
(a) In general.
(b) Definitions.
262p-4f. Assistance to countries to develop statistical
assessment of well-being of poor.
(a) Findings.
(b) Assistance to countries to develop statistical
assessment of well-being of poor.
262p-4g. Directives regarding government-owned enterprises in
countries receiving IADB loans.
(a) Finding.
(b) Technical assistance to transform
government-owned enterprises into privately
owned enterprises.
262p-4h. Discussions to increase productive economic
participation of poor; reports.
(a) In general.
(b) Progress report.
262p-4i. Multilateral development banks and debt-for-nature
exchanges.
(a) Directions to United States Executive
Directors.
(b) Negotiation of guidelines for restoration,
protection, or sustainable use policies.
(c) Inclusion of certain items in guidelines.
262p-4j. Promotion of lending for environment.
262p-4k. Promotion of institution-building for nongovernmental
organizations concerned with environment.
262p-4l. Improvement of interaction between International Bank
for Reconstruction and Development and
nongovernmental organizations.
(a) In general.
(b) Certain mechanisms urged.
262p-4m. Population, health, and nutrition programs.
262p-4n. Equal employment opportunities.
262p-4o. Respect for indigenous peoples.
262p-4p. Encouragement of fair labor practices.
262p-4q. Opposition to assistance by international financial
institutions to terrorist states.
(a) In general.
(b) "International financial institution" defined.
262p-4r. Use of authority of United States Executive Directors.
(a) Action by the President.
(b) Use of voice and vote.
(c) Definition.
262p-5. Definitions.
262p-6. Improvement of the Heavily Indebted Poor Countries
Initiative.
(a) Improvement of the HIPC Initiative.
(b) Heavily Indebted Poor Countries review.
(c) Definition.
262p-7. Reform of the Enhanced Structural Adjustment Facility.
262q. Transferred.
262r. Annual report by Chairman of National Advisory Council
on International Monetary and Financial Policies.
(a) In general.
(b) Contents of reports.
(c) Definitions.
(d) Testimony required.
(e) Advisory Committee on IMF policy.
262r-1. Transmission to the Congress of operating summaries of
the multilateral development banks.
262r-2. Combined report on effect of pending multilateral
development bank loans on environment, natural
resources, public health, and indigenous peoples.
262r-3. Reports on financial stabilization programs led by
International Monetary Fund in connection with
financing from Exchange Stabilization Fund.
(a) In general.
(b) Timing.
262r-4. Annual report and testimony on state of international
financial system, IMF reform, and compliance with IMF
agreements.
(a) Reports.
(b) Testimony.
262r-5. Repealed.
262r-6. Reports on policies, operations, and management of
international financial institutions.
(a) Annual report on financial operations.
(b) Annual report on United States supported
policies.
(c) Omitted.
(d) Report on debt relief.
262s. Multilateral development bank procurement.
(a) Executive Directors.
(b) Officer of procurement.
(b) "Multilateral development bank" defined.
262s-1. Procurement opportunities for United States firms.
262s-2. Commercial Service Officers and multilateral
development bank procurement.
(a) Appointment of Commercial Service Officers to
serve with Executive Directors.
(b) Functions of officers.
262t. Personnel practices.
(a) Statement of policy.
(b) Consultation.
263. International Prison Commission.
263a. International Criminal Police Organization.
264, 265. Omitted.
266. International commission of congresses of navigation;
authorization of appropriation for expenses.
266a, 266b. Transferred or Repealed.
267. Permanent Commission of International Geodetic
Association; representative of United States.
267a. Appointment of delegates; compensation.
267b. International Joint Commission; invitation to
establish; personnel; duties.
268. International Joint Commission; salaries; powers.
268a. Repealed.
268b. Advances from appropriation "Boundary line, Alaska and
Canada, and the United States and Canada".
268c. Limitation on expenditure of funds for compensation of
International Boundary Commissioner to actual hours
worked.
269. Permanent International Association of Road
Congresses; authorization of membership.
269a. Central Bureau of the International Map of the World
on the Millionth Scale; authorization of
appropriations.
269b. Omitted.
269c. International Statistical Bureau at The Hague;
authorization of appropriations.
269d. Inter American Statistical Institute; authorization of
appropriations.
269e. Omitted.
269f. International Bureau for the Protection of Industrial
Property; authorization of appropriations.
269g. Private International Law Conference at The Hague and
Private Law International Institute in Rome;
membership; appointment of delegates.
269g-1. Authorization of appropriations.
269h. International Union for the Publication of Customs
Tariffs; authorization of annual appropriations for
expenses.
270 to 270g. Repealed.
271. International Labor Organization; membership.
272. Omitted.
272a. Authorization of appropriations.
272b. Loyalty check on United States personnel.
273. Pan American Institute of Geography and History;
authorization of annual appropriations for
membership.
274. International Council of Scientific Unions and
Associated Unions; authorization of annual
appropriations for membership.
274a. International biological program.
(a) Congressional findings.
(b) Congressional support.
(c) Priority.
274b. Cooperation of Federal and non-Federal departments,
agencies, and organizations; transfers of funds.
(a) Full cooperation with international biological
program.
(b) Authorization for transfers of funds.
275. International Hydrographic Bureau.
275a. Permanent International Commission of the Congresses
of Navigation; authorization of appropriations.
276a to 276b. Repealed.
276c. Designation of Senate delegates to Conferences of the
Interparliamentary Union.
276c-1. Reports of expenditures by members of American groups
or delegations and employees; consolidated reports by
Congressional committees; public inspection.
276c-2. Employee benefits for United States
citizen-representatives to international financial
institutions; Treasury Department as collecting,
accounting, and depositing agency for employee
payments; contributions from appropriated funds.
276c-3. Repealed.
276c-4. Employment of United States citizens by certain
international organizations.
SUBCHAPTER I - CANADA-UNITED STATES INTERPARLIAMENTARY GROUP
276d. United States group; appointment; term; meetings.
276e. Authorization of appropriations; disbursements.
276f. Report to Congress.
276g. Auditing of accounts.
SUBCHAPTER II - MEXICO-UNITED STATES INTERPARLIAMENTARY GROUP
276h. United States group; appointment; term; meetings.
276i. Authorization of appropriations; disbursements.
276j. Report to Congress.
276k. Auditing of accounts.
SUBCHAPTER II-A - BRITISH-AMERICAN INTERPARLIAMENTARY GROUP
276l. British-American Interparliamentary Group.
(a) Establishment and meetings.
(b) Appointment of Members.
(c) Chair and Vice Chair.
(d) Funding.
(e) Certification of expenditures.
(f) Annual report.
SUBCHAPTER II-B - UNITED STATES DELEGATION TO PARLIAMENTARY
ASSEMBLY OF CONFERENCE ON SECURITY AND COOPERATION IN EUROPE (CSCE)
276m. United States Delegation to Parliamentary Assembly of
Conference on Security and Cooperation in Europe
(CSCE).
(a) Establishment.
(b) Appointment of Delegation.
(c) Administrative support.
(d) Funding.
(e) Annual report.
SUBCHAPTER III - KERMIT ROOSEVELT FUND
276aa. Establishment of the Kermit Roosevelt fund; creation
and composition of board of trustees.
276bb. Acceptance of funds and property from Mrs. Kermit
Roosevelt; purpose and use; disbursement and
investment of fund.
276cc. Acceptance of funds and property from other sources;
limitation; disbursement and investment.
276dd. Income from property covered into Treasury;
disbursement and investment.
276ee. Powers of board; personal liability of members;
compensation; decisions reviewable by Secretary of
the Army; annual report; jurisdiction of court.
SUBCHAPTER IV - INTERNATIONAL BOUNDARY AND WATER COMMISSION
277. International Boundary Commission, United States and
Mexico; study of boundary waters.
277a. Investigations of commission; construction of works or
projects.
277b. Works or projects under treaty.
(a) Construction, operation, maintenance, and
supervision; sewage interceptor system.
(b) Rio Grande bank protection project.
(c) Anzalduas diversion dam.
(d) Improvements to Rio Grande Canalization
Project.
277c. Agreements with political subdivisions; acquisition of
lands.
277d. Funds received from Mexico; expenditure.
277d-1. Authorizations for Mexican treaty projects;
acquisition of lands for relocation purposes;
contracts and conveyances.
277d-2. Construction and maintenance of roads, highways, etc.;
housing and other facilities for personnel.
277d-3. Authorization for appropriations; activities for which
available; contracts for excess amounts.
277d-4. Acquisition of properties of Imperial Irrigation
District of California.
277d-5. Availability of prior appropriations; restriction to
projects agreed to under treaty.
277d-6. Douglas-Agua Prieta Sanitation Project; operation by
Commission; division of costs; contribution by City
of Douglas, Arizona.
277d-7. Authorization for appropriations; availability of
prior appropriations; use of moneys received.
277d-8. Calexico Mexicali Sanitation Project; operation by
Commission; division of costs; contribution by City
of Calexico, California.
277d-9. Authorization for appropriations; availability of
prior appropriations; use of moneys received.
277d-10. Nogales Sanitation Project; operation by Commission;
division of costs; contribution by Nogales, Arizona.
277d-11. Authorization of appropriations; availability of prior
appropriations; use of moneys received.
277d-12. Expenditures for flood fighting, rescue operations,
repairs or restoration of flood control or sanitation
works threatened or destroyed by floodwaters of Rio
Grande, Colorado, or Tijuana Rivers.
277d-13. Authorization for international storage dam on the Rio
Grande.
277d-14. Construction, operation, and maintenance on
self-liquidating basis of facilities for generating
hydroelectric energy.
277d-15. Integration of operation of dam with other United
States water conservation activities.
277d-16. Authorization of appropriations.
277d-17. Chamizal boundary settlement; investigations relating
to river channel; acquisition of lands; relocation of
facilities.
277d-18. Construction, operation, and maintenance of works;
Bridge of the Americas.
(a) In general.
(b) Bridge of the Americas.
(c) Advance appropriations.
277d-19. Compensation of owners and tenants to prevent economic
injury; regulations.
277d-20. Limitation on application for reimbursement or
compensation.
277d-21. Attorneys' fees; penalties.
277d-22. Prohibition against duplicate payments; eligibility
for payments unaffected by means employed for
acquisition of property; rights and powers
unaffected.
277d-23. Taxation; exclusion from gross income.
277d-24. Definitions; exemption from administrative procedure
provisions.
277d-25. Authorization of appropriations.
277d-26. Lower Colorado River emergency flood control works;
agreements with Mexico for joint construction,
operation and maintenance.
277d-27. Execution of agreements.
277d-28. Authorization of appropriations.
277d-29. Rio Grande canalization project; flood and sediment
control; agreements authorized; control gates; costs;
authorization of appropriations.
277d-30. Lower Rio Grande drainage conveyance canal projects;
agreements with Mexico for construction, operation,
and maintenance; division of costs; non-Federal
assurances of one-half of Federal costs.
277d-31. Authorization of appropriations.
277d-32. Tijuana River flood control project; agreement with
Mexico for joint construction, operation and
maintenance.
277d-33. Authorization; construction, operation, and
maintenance, appropriations, and acquisition of land.
277d-34. American-Mexican Boundary Treaty, authorization for
carrying out treaty provisions; investigations; land
acquisition, purposes; damages, repair or
compensation.
277d-35. Construction, operation, and maintenance of works;
property relocation, contracts; transfer of
authority.
277d-36. Sale of excess land.
277d-37. Channel shifts; boundary determination.
277d-38. Acquired land, addition to State; State jurisdiction.
277d-39. Hidalgo-Reynosa lands; administration; part of
national wildlife refuge system.
277d-40. Authorization of appropriations.
277d-41. American-Mexican Boundary Treaty, Presidio flood
control project; authorization of flood control
agreement.
277d-42. Construction, operation, and maintenance of flood
control works; authorization of appropriations;
restrictions.
277d-43. Definitions.
277d-44. Actions to be taken by the Commission and the
Administrator.
(a) Secondary treatment.
(b) Comprehensive plan.
(c) Contract.
(d) Implementation.
277d-45. Negotiation of new Treaty Minute.
(a) Congressional statement.
(b) Negotiation.
277d-46. Authorization of appropriations.
277e. Disposal of lands; issuance of licenses for use of
lands; compensation for injured property.
277f. Valley Gravity Canal and Storage Project.
277g. Agreements to correct pollution of Rio Grande.
(a) In general.
(b) Content of agreements.
277g-1. Authority of Secretary of State to plan, construct,
operate, and maintain facilities.
277g-2. Consultation with Administrator of Environmental
Protection Agency and other authorities.
277g-3. Authorization of appropriations.
277h. Authority of the International Boundary and Water
Commission to assist State and local governments.
(a) Authority.
(b) Reimbursements.
SUBCHAPTER V - GORGAS MEMORIAL LABORATORY
278. Gorgas Memorial Laboratory; location; acceptance of
funds from Latin American countries or other sources.
278a. Annual report to Congress; examination of books and
accounts.
278b. Repealed.
SUBCHAPTER VI - UNITED NATIONS FOOD AND AGRICULTURE ORGANIZATION
279. United States membership in the United Nations Food
and Agriculture Organization.
279a. Authorization of appropriations for payment of United
States expenses in Organization; limitation of
contributions.
279b. Integration of International Institute of Agriculture
with Organization.
279c. Congressional authority necessary for acceptance of
new obligations in Organization.
279d. Limitation on power of Conference to impose new
obligations on United States.
SUBCHAPTER VII - SOUTH PACIFIC COMMISSION
280. Representation in South Pacific Commission;
appointment of commissioners and alternates.
280a. Definitions.
280b. Authorization of appropriations.
280c. Employment of personnel with specialized skills.
SUBCHAPTER VIII - CARIBBEAN COMMISSION
280h. Representation in Caribbean Commission; appointment of
commissioners and alternates.
280i. Authorization of appropriations.
SUBCHAPTER IX - PAN AMERICAN RAILWAY CONGRESS
280j. Representation in Congress; appointment of delegates
and alternates.
280k. Authorization of appropriations.
SUBCHAPTER X - THE INSTITUTE OF INTER-AMERICAN AFFAIRS
281 to 281l. Omitted or Repealed.
SUBCHAPTER XI - INTERNATIONAL FINANCE CORPORATION
282. Acceptance of membership by United States in
International Finance Corporation.
282a. Governor, executive director, and alternates of
Corporation.
282b. Applicability of National Advisory Council on
International Monetary and Financial Problems.
282c. Congressional authorization needed for certain
actions.
282d. Federal Reserve banks as depositories.
282e. Payment of subscriptions to Corporation by United
States; dividends covered into Treasury.
(a) Authority of Secretary of the Treasury.
(b) Dividends treated as miscellaneous receipts.
282f. Jurisdiction and venue of actions.
282g. Status, privileges, and immunities of the United
States.
282h. Loans to or from International Bank for Reconstruction
and Development; amendment to Articles of Agreement.
282i. Increase in capital stock of Corporation; subscription
to additional shares.
282j. Increase in capital stock of Corporation; subscription
to additional shares.
282k. Securities issued by Corporation.
(a) Exemption from securities laws; reports to
Securities and Exchange Commission.
(b) Authority of Securities and Exchange Commission
to suspend exemption; reports to Congress.
282l. Capital stock increase.
(a) Subscription authorized.
(b) Limitations on authorization of appropriations.
282m. Authority to vote for capital increases necessary to
support economic restructuring in independent states
of former Soviet Union.
282n. Authority to agree to amendments to Articles of
Agreement.
SUBCHAPTER XII - INTER-AMERICAN DEVELOPMENT BANK
283. Acceptance of membership by United States in
Inter-American Development Bank.
283a. Appointment of officers; term of office; salary.
(a) Governor and alternate governor.
(b) Executive director and alternate executive
director.
(c) Compensation.
283b. National Advisory Council on International Monetary
and Financial Problems.
283c. Congressional authorization needed for certain
actions.
283d. Federal Reserve banks as depositories.
283e. Payment of subscription to Bank and Fund by United
States.
(a) Authorization of appropriations.
(b) Issuance of special notes.
(c) Income covered into Treasury.
283f. Jurisdiction and venue of actions.
283g. Status, privileges, and immunities of the United
States.
283h. Securities issued by Bank; reports to and of
Securities and Exchange Commission.
(a) Exempt securities; reports of Bank to
Commission.
(b) Suspension of exemption provisions; annual
reports of Commission to Congress.
283i. Repealed.
283j. Increased United States participation in Bank
activities.
283j-1. Audit.
(a) Establishment.
(b) Scope and standards.
(c) Reports.
283k. Authorization of appropriations.
(a) Capital stock of Inter-American Development
Bank.
(b) Fund for Special Operations of the
Inter-American Development Bank.
283l. Increase in resources of the Fund for Special
Operations.
(a) Authorization of vote; payment to Fund.
(b) Authorization of appropriations.
(c) Loan disapproval by the United States.
283m. Additional increases in resources of the Fund for
Special Operations.
(a) Authorization of vote; payment to Fund.
(b) Authorization of appropriations.
(c) Loan disapproval by the United States.
283n. Increase in authorized capital stock; United States
share; authorization of appropriations.
283o. Increase in authorized capital stock and additional
subscriptions of members thereto; increase in
resources of Fund for Special Operations and
contributions thereto; United States share;
authorization of appropriations.
283p. Authorization for payment of United States
contribution to increase Fund for Special Operations;
authorization of appropriations.
283q. Articles of agreement; authorization to agree to
amendments.
283r. Expropriation of United States property; loan
restrictions.
283s. Illegal drug traffic; loan restrictions.
283t. Authorization to vote on proposed resolutions.
283u. Membership in the Bank for the Bahamas and Guyana.
283v. Loans to the Caribbean Development Bank.
283w. Increase in authorized capital stock of Bank and
increase in resources of Fund for Special Operations;
United States share; authorization of appropriations.
283x. Subscription to additional shares; authorization of
appropriations.
283y. Repealed.
283z. Proposal of light-capital or intermediate technologies
as part of Bank's development strategy.
(a) Contents of proposed resolution.
(b) Progress report to Congress.
283z-1. Increase in authorized capital stock of Bank and
increase in resources of Fund for Special Operations.
(a) United States share.
(b) Authorization of appropriations.
(c) Funding requirements.
(d) Limitation of funds to members of Bank.
283z-2. Contribution to Inter-American Development Bank;
authorization of appropriations.
283z-3. Increase in authorized capital stock of Bank and
increases in resources of Fund for Special
Operations; United States share; authorization of
appropriations.
283z-4. Amendments to Articles of Agreement in resolution on
Merger of Interregional and Ordinary Capital
Resources.
283z-5. Capital increase; increase in resources of Fund for
Special Operations.
(a) Authority to vote for, and to subscribe and
contribute to, increase in authorized capital
stock of Bank and increase in resources of
Fund for Special Operations.
(b) Limitation on authorization of appropriations.
(c) Organizational changes required to be made
before payment for subscription to capital
stock and contribution to Fund for Special
Operations.
(d) Certification of access to Bank records
required before payment for subscription to
capital stock and contribution to Fund for
Special Operations.
283z-6. Investment in human capital.
(a) In general.
(b) "Investments in human capital" defined.
283z-7. Limitations on policy based lending.
283z-8. Increase in lending to Caribbean.
283z-9. Multilateral Investment Fund.
(a) Authorization of contribution.
(b) Authorization of appropriations.
(c) Environmental assessment of actions.
283z-10. Focus on low-income areas of Latin America and
Caribbean.
SUBCHAPTER XII-A - INTER-AMERICAN INVESTMENT CORPORATION
283aa. Acceptance of membership.
283bb. Governor, Director, and alternates.
283cc. Applicability of Bretton Woods Agreements Act.
283dd. Restrictions.
283ee. Federal Reserve banks as depositories.
283ff. Subscription of stock.
(a) Secretary of the Treasury as subscribing
authority.
(b) Authorization of appropriations.
(c) Disposition of dividends.
283gg. Jurisdiction of United States courts.
283hh. Effectiveness of agreement.
283ii. Securities issued by the Corporation.
(a) Exempted securities.
(b) Suspension by Securities and Exchange
Commission.
SUBCHAPTER XIII - INTERNATIONAL DEVELOPMENT ASSOCIATION
284. Acceptance of membership by United States in
International Development Association.
284a. Governor, executive director, and alternates of
Association.
284b. National Advisory Council on International Monetary
and Financial Problems.
284c. Congressional authorization needed for certain
actions.
284d. Federal Reserve banks as depositories.
284e. Payment of subscription to Association by United
States.
(a) Authorization of appropriations for
subscription.
(b) Increase in Association resources;
contribution; authorization of appropriations.
(c) Issuance of special notes.
(d) Income covered into Treasury.
284f. Jurisdiction and venue of actions.
284g. Status, privileges, and immunities of the United
States.
284h. Second replenishment; authorization of appropriations.
284i. Third replenishment; authorization of appropriations.
284j. Expropriation of United States property; loan
restrictions.
284k. Illegal drug traffic; loan restrictions.
284l. Fourth replenishment; authorization of appropriations.
284m. Repealed.
284n. Fifth replenishment; authorization of appropriations.
284o. Sixth replenishment; authorization of appropriations.
284p. Seventh replenishment; authorization of
appropriations.
284q. Special Facility for Sub-Saharan Africa.
284r. Eighth replenishment; authorization of appropriations.
284s. Ninth replenishment.
(a) In general.
(b) Limitations on authorization of appropriations.
SUBCHAPTER XIV - ASIAN DEVELOPMENT BANK
285. Acceptance of membership by United States in Asian
Development Bank.
285a. Appointment of Governor, Alternate Governor and
Director; compensation.
285b. Coordination of policies and operations.
285c. Congressional authorization needed for certain
actions.
285d. Federal Reserve banks as depositories.
285e. Authorization of appropriations; income covered into
Treasury.
285f. Jurisdiction and venue of actions.
285g. Status, immunities, and privileges.
285h. Securities issued by Bank as exempt securities;
suspension of exemption provisions; reports to and of
Securities and Exchange Commission.
285i. Authorization for payment of United States
contribution; United States Special Resources.
285j. United States Special Resources.
(a) Development projects and programs.
(b) Authorized uses.
(c) Eligible goods and services.
(d) Repayment in dollars.
285k. Utilization of United States Special Resources.
285l. Letter of credit form for United States Special
Resources.
285m. Withdrawal rights covering United States Special
Resources.
285n. Authorization of appropriations to provide United
States Special Resources.
285o. Expropriation of United States property; loan
restrictions.
285p. Illegal drug traffic; loan restrictions.
285q. Subscription to additional shares; authorization of
appropriations.
285r. Contribution to special funds; authorization of
appropriations.
285s. Additional subscription to shares; authorization of
appropriations.
285t. Additional contribution to special funds;
authorization of appropriations.
285u. Additional contribution to special funds.
(a) United States share.
(b) Authorization of appropriations; maximum
available for certain years.
(c) Funding requirements.
285v. Sense of Congress respecting membership of Taiwan in
Bank.
285w. Contribution to Asian Development Fund; authorization
of appropriations.
285x. Additional subscription to shares.
(a) United States share.
(b) Authorization of appropriations.
(c) Continued membership of Republic of China in
Bank.
285y. Additional contribution to special funds;
authorization of appropriations.
285z. Additional contribution to special funds;
authorization of appropriations.
285aa. Capital increase.
(a) Subscription authorized.
(b) Limitations on authorization of appropriations.
SUBCHAPTER XV - INTERNATIONAL MONETARY FUND AND BANK FOR
RECONSTRUCTION AND DEVELOPMENT
286. Acceptance of membership by United States in
International Monetary Fund.
286a. Appointments.
(a) Governors and executive directors; term of
office.
(b) Alternates; term of office.
(c) Governor to serve as councillor; alternates and
associates.
(d) Compensation for services.
286b. National Advisory Council on International Monetary
and Financial Problems.
(a) Establishment and composition.
(b) Duties and functions; reports by Council.
(c) Reports to Council.
286b-1, 286b-2. Repealed.
286c. Congressional authorization needed for certain
actions.
286d. Federal Reserve banks as depositories.
286e. Payment of subscriptions to Fund and Bank by United
States; issuance of special notes; income covered
into Treasury.
286e-1. Increase in quota of United States and in capital
stock of Bank; subscription to additional shares.
286e-1a. Increase in capital stock of Bank.
286e-1b. Increase in quota of United States; authorization of
appropriations.
286e-1c. Additional increase in quota of United States.
286e-1d. Increase in capital stock of Bank; subscription to
additional shares; authorization of appropriations.
286e-1e. Equivalent increase in quota of United States.
286e-1f. Additional increase in capital stock of Bank;
subscription to additional shares; authorization of
appropriations.
286e-1g. Additional increase in quota of United States;
condition.
286e-1h. Increase of subscription of stock; authority of United
States Governor of Bank; authorization of
appropriations.
286e-1i. Increase in United States quota; consultations with
Congress.
286e-1j. Additional increase in capital stock of Bank;
subscription to additional shares; authorization of
appropriations.
286e-1k. Capital stock increase.
(a) Increase authorized.
(b) Authorization of appropriations.
286e-1l. Quota increase.
286e-1m. Quota increase.
(a) In general.
(b) Subject to appropriations.
286e-2. Loans to Fund.
(a) Limitation; balance of payments and reserve
position considerations.
(b) Authorization of appropriations; repayments
available for loans to Fund.
(c) Interest and charges covered into Treasury;
additional authorization of appropriations for
payment of charges for purchase of currencies
or gold from Fund.
(d) Amendment to Executive Directors' decision
prohibited; conditions.
286e-3. Transfers to stabilization fund of purchase of
currencies or gold from International Monetary Fund;
administration; utilization of fund resources for
repayments.
286e-4. Loans to International Finance Corporation; amendment
to Articles of Agreement.
286e-5. Amendments to Articles of Agreement.
286e-5a. Additional amendments to Articles of Agreement.
286e-5b. Acceptance of amendments to Articles of Agreement of
the Fund.
286e-6. Vote against establishment of Council.
286e-7. Supplementary Financing Facility.
(a) Availability of resources.
(b) Adjustments in the value of monetary assets.
(c) Authorization of appropriations.
286e-8. Treatment of creditors in debt rescheduling.
286e-9. Stabilization programs.
286e-10. Repealed.
286e-11. Assistance by the Fund to any country harboring
international terrorists.
286e-12. Contribution to Interest Subsidy Account of Enhanced
Structural Adjustment Facility of International
Monetary Fund.
(a) Contribution authorized.
(b) Limitation on authorization of appropriations.
286e-13. Approval of Fund pledge to sell gold to provide
resources for Reserve Account of Enhanced Structural
Adjustment Facility Trust.
286f. Obtaining and furnishing information to the Fund.
(a) Required disclosure.
(b) Penalty for refusal.
(c) Penalty for unlawful disclosures.
(d) "Person" defined.
286g. Jurisdiction and venue of actions.
286h. Status, privileges, and immunities of the United
States.
286i. Stabilization loans by Bank; amendment to Articles of
Agreement.
286j. Use of Fund resources.
(a) Official interpretation of authority of Fund.
(b) Proposal of amendment.
286k. Further promotion of international economic relations.
(a) Congressional declaration of policy.
(b) Transmittal of information to Congressional
committees.
286k-1. Securities issued by Bank as exempt securities;
reports filed with Security and Exchange Commission.
286k-2. Suspension of right of International Bank to issue
securities under section 286k-1; report of Securities
and Exchange Commission.
286l. British loan; authorization to Secretary of the
Treasury to carry out agreement.
286m. Amount of loan; public-debt transaction; disposition
of interest payments.
286n. Special Drawing Rights.
286o. Administration as part of the Exchange Stabilization
Fund.
(a) Special Drawing Rights.
(b) Deposit in and withdrawal from Fund.
286p. Issuance, purpose, and redemption of Special Drawing
Rights certificates.
286q. Limitation on allocations to the United States.
286r. United States participation in special drawing
account.
286s. Consideration of basic human needs in economic
adjustment programs supported by Fund.
(a) Formulation and design of programs.
(b) Changes in Fund guidelines, policies, and
decisions; review prior to approval of standby
arrangements; coordination among institutions;
coordination between Fund and Bank; periodic
analyses.
286t. Omitted.
286u. Dollar-Special Drawing Rights substitution account.
286v. Membership for Taiwan in Fund.
286w. Denial of membership or other status in Fund for
Palestine Liberation Organization; United States
participation in Fund if membership or other status
granted; report by President to Congress.
286x. Assistance to private sector of El Salvador,
Nicaragua, and other nations.
286y. Promoting conditions for exchange rate stability.
286z. Collection and exchange of information on monetary and
financial problems.
(a) Sense of Congress.
(b) Initiation by United States Executive Director
of discussions with other Directors; adoption
of procedures.
(c) "Credit" defined.
(d) Providing necessary information.
286aa. Instructions to United States Executive Director;
Communist dictatorships.
286bb. Elimination of predatory agricultural export
subsidies.
286cc. Sustaining economic growth.
(a) Economic adjustment programs.
(b) Changes in Fund guidelines; limitations on debt
service exceptions.
(c) Emergencies and extraordinary circumstances.
286dd. Fund bailouts of banks; rescheduling of debt.
286ee. International cooperation.
286ff. Fund interest rates.
286gg. Elimination of trade restrictions.
(a) Promotion of fair trade as financial assistance
policy.
(b) Agreement to eliminate unfair trade practices
as condition of financial assistance.
(c) United States position on requests for loans or
drawing under bank and Fund programs; progress
made in eliminating unfair trade practices.
(d) "Multilateral development banks" defined.
286hh. Policy based lending for debt reduction.
(a) Criteria.
(b) Policy based lending for debt reduction and
sustainable growth.
(c) Voluntary market-based program for debt
reduction and sustainable growth.
(d) Reports.
(e) Review by House Banking Committee.
286ii. Limitations on Bank policy based lending; actions
required to be taken to oppose excessive policy based
lending by Bank.
286jj. Partial guarantees in connection with debt reduction
for borrower countries.
286kk. Discussions to enhance capacity of Fund to alleviate
potentially adverse impacts of Fund programs on poor
and environment.
286ll. Fund policy changes.
(a) Policy changes within IMF.
(b) Progress report.
(c) Study.
286mm. Measures to reduce military spending by developing
nations.
(a) Development by Fund of means to measure
military spending.
(b) Annual reports by Fund on levels of military
spending.
(c) Analysis and assessment of military spending to
be included in article IV consultations by
Fund.
286nn. Approval of contributions for debt reductions for the
poorest countries.
286oo. Principles for International Monetary Fund lending.
SUBCHAPTER XVI - UNITED NATIONS ORGANIZATION
287. Representation in Organization.
(a) Appointment of representative; rank, status,
and tenure; duties.
(b) Appointment of additional representatives;
rank, status, and tenure; duties;
reappointment unnecessary.
(c) Appointment of special and alternate
representatives; number; senior
representative; duties.
(d) Additional appointees; conditions governing
certain appointments; designation of certain
State Department officers to sit on Security
Council.
(e) Appointment of representative to European
office of United Nations; rank, status, and
tenure; duties.
(f) Representation by President or Secretary of
State.
(g) Compensation.
(h) Appointment of representative to Vienna office
of United Nations; rank, status, and tenure;
duties.
287a. Action by representatives in accordance with
Presidential instructions; voting.
287b. Reports to Congress by President.
(a) Periodic reports.
(b) Annual report on financial contributions.
(c) Annual report.
(d) Consultations and reports on United Nations
peacekeeping operations.
(e) Designated congressional committees.
(f) Relationship to other notification
requirements.
287c. Economic and communication sanctions pursuant to
United Nations Security Council Resolution.
(a) Enforcement measures; importation of Rhodesian
chromium.
(b) Penalties.
(c) Steel mill products containing chromium;
certificate of origin; regulations; subpenas;
certificate exemption; release from customs
custody; definitions.
287d. Use of armed forces; limitations.
287d-1. Noncombatant assistance to United Nations.
(a) Armed forces details; supplies and equipment;
obligation of funds; procurement and
replacement of requested items.
(b) Reimbursement from United Nations; waiver of
reimbursement.
(c) Additional appropriation authorizations.
(d) Disclosure of information.
287e. Authorization of appropriations; payment of expenses.
287e-1. Housing supplement for certain employees assigned to
the United States Mission to the United Nations.
287e-2. Reimbursement for goods and services provided by the
United States to the United Nations.
(a) Requirement to obtain reimbursement.
(b) Treatment of reimbursements.
(c) Covered assistance.
(d) Waiver.
(e) Relationship to other reimbursement authority.
(f) Definition.
287e-3. Limitation on the United States share of assessments
for United Nations regular budget.
287f. Omitted.
287g. Authorization of appropriations for loan to United
Nations; restrictions on use of proceeds of loan.
287h. Limitation on loan.
287i. Deduction of principal and interest from annual
payment of assessed share of United States of budget.
287j. Participation in future United Nations borrowing;
promotion of pattern of financing to avoid future
large-scale deficits; report to Congress.
287k. Congressional expression of satisfaction that
expenditures relating to operations in Middle East
and in the Congo are "expenses of the Organization".
287l. Congressional declaration that United Nations take
steps to give effect to advisory opinion of
International Court of Justice on financial
obligations of members.
SUBCHAPTER XVII - UNITED NATIONS EDUCATIONAL, SCIENTIFIC, AND
CULTURAL ORGANIZATION
287m. Acceptance of membership by the United States.
287n. Representatives in General Conference; number;
citizenship; compensation.
287o. National Commission on Educational, Scientific, and
Cultural Cooperation; membership; meetings; expenses.
287p. Citizenship of members.
287q. General and special conferences; expenses; acceptance
of services and gifts or bequests of money or
materials.
287r. Authorization of appropriations; payment of expenses.
287s. Amendments to constitution of Organization involving
new obligations.
287t. Prohibition against disclosure of information or
knowledge.
SUBCHAPTER XVIII - PRIVILEGES AND IMMUNITIES OF INTERNATIONAL
ORGANIZATIONS
288. "International organization" defined; authority of
President.
288a. Privileges, exemptions, and immunities of
international organizations.
288b. Baggage and effects of officers and employees exempted
from customs duties and internal revenue taxes.
288c. Exemption from property taxes.
288d. Privileges, exemptions, and immunities of officers,
employees, and their families; waiver.
288e. Personnel entitled to benefits.
(a) Notification to and acceptance by Secretary of
State of personnel.
(b) Deportation of undesirables.
(c) Extent of diplomatic status.
288f. Applicability of reciprocity laws.
288f-1. European Space Agency and Organization of Eastern
Caribbean States; extension of privileges,
exemptions, and immunities to members.
288f-2. Organization of African Unity; extension of
privileges, exemptions, and immunities.
288f-3. Immunities for International Committee of the Red
Cross.
288f-4. International Union for Conservation of Nature and
Natural Resources; extension of privileges,
exemptions, and immunities.
288f-5. European Central Bank; extension of privileges,
exemptions, and immunities.
288g. Organization of American States; extension of
privileges and immunities to members.
288h. Commission of European Communities; extension of
privileges and immunities to members.
288i. Liaison Office of the People's Republic of China;
extension of privileges and immunities to members.
288j. International Development Law Institute.
288k. Extension of certain privileges, exemptions, and
immunities to Hong Kong Economic and Trade Offices.
(a) Application of International Organizations
Immunities Act.
(b) Application of international agreement on
certain State and local taxation.
(c) "Hong Kong Economic and Trade Offices" defined.
SUBCHAPTER XIX - INTERNATIONAL REFUGEE ORGANIZATION
289. Acceptance of membership by the United States;
conditions.
289a. Designation of representative and alternates;
compensation.
289b. Authorization of appropriations; payment of salaries
and expenses.
289c. Transfer of funds; furnishing supplies and services;
accounting for reimbursements.
289d. Omitted.
SUBCHAPTER XX - WORLD HEALTH ORGANIZATION
290. Acceptance of membership by the United States.
290a. Designation of representatives and alternates;
compensation; loyalty checkup.
290b. Authorization of appropriations; payment of salaries
and expenses.
290c. Withdrawal from Organization on one-year notice.
290d. Enactment of specific legislation by Congress.
290e. Congressional declaration of policy.
290e-1. International Agency for Research on Cancer;
authorization of appropriations; limitation.
SUBCHAPTER XXI - INTER-AMERICAN FOUNDATION
290f. Inter-American Foundation.
(a) Establishment.
(b) Congressional declaration of purpose.
(c) Programs and projects to achieve purposes.
(d) Coordination of activities with national and
international agencies.
(e) Powers and functions.
(f) Disposal of assets on liquidation.
(g) Board of directors; number, term, and
appointment.
(h) Reimbursement of expenses.
(i) Board; authority.
(j) Rules and regulations; quorum of the Board.
(k) Authority of the Board to appoint committees.
(l) President of Foundation: appointment and
compensation; employment of experts and
consultants.
(m) Establishment of Council; consultation by the
Board; reimbursement of expenses of members of
the Council.
(n) Nonprofit nature of the Foundation; conflict of
interests.
(o) Personnel; service in foreign governments or
agencies.
(p) Service of employees of other agencies in the
Foundation; rights and privileges.
(q) Establishment of principal and branch offices.
(r) Exemption from tax.
(s) Authorization of appropriations.
(t) Application of chapter 91 of title 31.
(u) Interest on funds invested pending
disbursement.
(v) Travel expenses.
(w) Printing expenses.
SUBCHAPTER XXII - AFRICAN DEVELOPMENT FUND
290g. African Development Fund; United States participation.
290g-1. Appointment of Governor and Alternate Governor; rank,
duties, and compensation.
290g-2. Law governing reports to the President and the
Congress.
290g-3. Specific actions requiring Congressional
authorization.
290g-4. Authorization of appropriations; repayments and
distributions from Fund to Treasury.
290g-5. Federal Reserve banks as depository for the Fund;
supervision.
290g-6. Civil action by or against the Fund; service of
process, venue, jurisdiction, removal of actions.
290g-7. Force and effect of agreement; deposit of documents by
the President; reservation of right to tax salaries
and emoluments paid by the Fund to United States
citizens or nationals.
290g-8. Presidential instructions to United States Governor of
the Fund to veto any use of funds to benefit a
country pursuing a detrimental economic policy
against United States interests; exceptions.
290g-9. Repealed.
290g-10. Additional authorization for contribution to African
Development Fund.
(a) Payment of United States contribution; review
of payment and voting structure with other
donor nations.
(b) Authorization of appropriations.
290g-11. Additional authorization for payment of United States
contribution.
(a) United States share.
(b) Authorization of appropriations.
(c) Funding requirements.
290g-12. Additional authorization for payment of United States
contribution.
290g-13. Additional authorization for payment of United States
contribution.
290g-14. Additional authorization for payment of United States
contribution.
(a) Contribution authorized.
(b) Authorization of appropriations.
290g-15. Sixth replenishment.
(a) Contribution authorized.
(b) Limitations on authorization of appropriations.
SUBCHAPTER XXIII - AFRICAN DEVELOPMENT FOUNDATION
290h. Congressional findings.
290h-1. African Development Foundation.
(a) Establishment of Foundation.
(b) Principal and branch offices.
290h-2. Congressional declaration of purposes.
(a) Purposes of Foundation.
(b) Implementation.
290h-3. Functions of Foundation.
(a) Types of programs; project limitations;
dissemination of project insights.
(b) Community project priorities; disbursement of
funds by recipients to other African entities.
290h-4. Powers of Foundation.
(a) General provisions.
(b) Nonprofit entity; restriction on use of moneys;
conflict of interests.
(c) Tax exemption.
(d) Termination of Foundation and liquidation of
assets.
290h-5. Management of Foundation.
(a) Board of directors; membership; designation of
Chairperson and Vice Chairperson; appointment
considerations; term; vacancies.
(b) Compensation, actual, necessary, and
transportation expenses.
(c) Quorum.
(d) President of Foundation; appointment and
compensation; employment of experts and
consultants.
(e) Advisory council; membership; appointment
considerations; consultations with council;
compensation, travel, and other expenses.
290h-6. Government corporation control provisions applicable.
290h-7. Limitation on spending authority.
290h-8. Authorization of appropriations.
290h-9. Repealed.
SUBCHAPTER XXIV - AFRICAN DEVELOPMENT BANK
290i. Acceptance of membership.
290i-1. Governor and Alternate Governor.
(a) Appointment; term; termination and
reappointment.
(b) Compensation and expenses.
(c) Voting.
290i-2. Director or Alternate Director; allowances.
290i-3. Applicability of Bretton Woods Agreements Act.
290i-4. Restrictions.
290i-5. Federal Reserve banks as depositories.
290i-6. Subscription to stock.
(a) Authorization of United States subscription to
stock.
(b) Authorization of appropriations.
(c) Distributions by Bank.
290i-7. Jurisdiction of United States courts.
290i-8. Force and effect of agreement.
290i-9. Securities issued by Bank; Securities and Exchange
Commission oversight.
(a) Treatment as exempt securities; reports to
Securities and Exchange Commission.
(b) Suspension of provisions; reports to Congress.
290i-10. Authorization of United States subscription to stock;
authorization of appropriations.
SUBCHAPTER XXV - UNITED STATES-INDIA FUND FOR CULTURAL,
EDUCATIONAL, AND SCIENTIFIC COOPERATION
290j. Establishment of the Fund.
(a) Agreement with Government of India; program
purposes.
(b) United States representatives.
(c) Funding of programs.
290j-1. Use of United States owned rupees to capitalize the
Fund.
SUBCHAPTER XXVI - MULTILATERAL INVESTMENT GUARANTEE AGENCY
290k. Acceptance of membership.
290k-1. Governor and Alternate Governor.
290k-2. Instructions for United States Director.
290k-3. Opposition to certain guarantees or investment
promotions; independent evaluation of guaranteed
investments.
290k-4. Consultation with representatives of private sector
and of labor organizations on Agency policy
directions and operations.
290k-5. Applicability of Bretton Woods Agreements Act.
290k-6. Restrictions.
290k-7. Federal Reserve banks as depositories.
290k-8. Subscription of stock.
(a) Authority of Secretary of the Treasury.
(b) Authorization of appropriations.
(c) Dividends deposited into Treasury.
290k-9. Jurisdiction of United States courts and enforcement
of arbitral awards.
290k-10. Effectiveness of Convention.
290k-11. Arbitral awards; enforcement; full faith and credit;
Federal Arbitration Act inapplicable; exclusiveness
of district court jurisdiction.
SUBCHAPTER XXVII - EUROPEAN BANK FOR RECONSTRUCTION AND DEVELOPMENT
290l. Acceptance of membership.
290l-1. Governor and alternate Governor.
(a) Appointment.
(b) Compensation.
290l-2. Applicability of certain provisions of Bretton Woods
Agreements Act.
290l-3. Federal Reserve banks as depositories.
290l-4. Subscription of stock.
(a) Subscription authority.
(b) Limitations on authorization of appropriations.
(c) Disposition of net income distributions by
Bank.
290l-5. Jurisdiction and venue of civil actions by or against
Bank.
(a) Jurisdiction.
(b) Venue.
290l-6. Effectiveness of Agreement.
290l-7. Exemption from securities laws for certain securities
issued by Bank; reports required.
(a) Exemption from securities laws; reports to
Securities and Exchange Commission.
(b) Authority of Securities and Exchange Commission
to suspend exemption; reports to Congress.
290l-8. Congressional consultations.
SUBCHAPTER XXVIII - NORTH AMERICAN DEVELOPMENT BANK AND RELATED
PROVISIONS
290m. North American Development Bank.
(a) Acceptance of membership.
(b) Subscription of stock.
(c) Compensation of Board members.
(d) Applicability of Bretton Woods Agreements Act.
(e) Restrictions.
(f) Federal Reserve banks as depositories.
(g) Jurisdiction of United States courts and
enforcement of arbitral awards.
(h) Exemption from securities laws for certain
securities issued by Bank; reports required.
290m-1. Status, immunities, and privileges.
290m-2. Community adjustment and investment program.
(a) The President.
(b) Advisory Committee.
(c) Ombudsman.
(d) Reporting requirement.
290m-3. "Border Environment Cooperation Agreement" defined.
SUBCHAPTER XXIX - UNITED STATES-MEXICO BORDER HEALTH COMMISSION
290n. Appointment of members of Border Health Commission.
290n-1. Duties.
290n-2. Other authorized functions.
290n-3. Membership.
(a) Number and appointment of United States
section.
(b) Commissioner.
(c) Compensation.
290n-4. Regional offices.
290n-5. Reports.
290n-6. Definitions.
SUBCHAPTER XXX - MIDDLE EAST DEVELOPMENT BANK
290o. Acceptance of membership.
290o-1. Governor and alternate Governor.
(a) Appointment.
(b) Compensation.
290o-2. Applicability of certain provisions of Bretton Woods
Agreements Act.
290o-3. Federal Reserve Banks as depositories.
290o-4. Subscription of stock.
(a) Subscription authority.
(b) Limitations on authorization of appropriations.
(c) Limitations on obligation of appropriated
amounts for shares of capital stock.
(d) Disposition of net income distributions by
Bank.
290o-5. Jurisdiction and venue of civil actions by or against
Bank.
(a) Jurisdiction.
(b) Venue.
290o-6. Effectiveness of Agreement.
290o-7. Exemption from securities laws for certain securities
issued by Bank; reports required.
(a) Exemption from securities laws; reports to
Securities and Exchange Commission.
(b) Authority of Securities and Exchange Commission
to suspend exemption; reports to Congress.
-End-
-CITE-
22 USC Sec. 261 01/06/03
-EXPCITE-
TITLE 22 - FOREIGN RELATIONS AND INTERCOURSE
CHAPTER 7 - INTERNATIONAL BUREAUS, CONGRESSES, ETC.
-HEAD-
Sec. 261. Policy as to settlement of disputes and disarmament
-STATUTE-
It is declared to be the policy of the United States to adjust
and settle its international disputes through mediation or
arbitration, to the end that war may be honorably avoided. It looks
with apprehension and disfavor upon a general increase of armament
throughout the world, but it realizes that no single nation can
disarm, and that without a common agreement upon the subject every
considerable power must maintain a relative standing in military
strength.
-SOURCE-
(Aug. 29, 1916, ch. 417, 39 Stat. 618.)
-MISC1-
SHORT TITLE OF 1977 AMENDMENT
Section 1 of Pub. L. 95-118, as added by Pub. L. 97-35, title
XIII, Sec. 1361(a), Aug. 13, 1981, 95 Stat. 745, provided that:
"This Act [enacting sections 262c, 262d, 262e to 262g-3, 282i,
284n, 285s, 285t, 286e-1f, and 290g-10 of this title, repealing
sections 283y, 284m, and 290g-9 of this title, and enacting
provisions set out as notes under 262c and 282i of this title] may
be cited as the 'International Financial Institutions Act'."
-End-
-CITE-
22 USC Sec. 262 01/06/03
-EXPCITE-
TITLE 22 - FOREIGN RELATIONS AND INTERCOURSE
CHAPTER 7 - INTERNATIONAL BUREAUS, CONGRESSES, ETC.
-HEAD-
Sec. 262. President's participation in international congresses
restricted
-STATUTE-
The Executive shall not extend or accept any invitation to
participate in any international congress, conference, or like
event, without first having specific authority of law to do so.
-SOURCE-
(Mar. 4, 1913, ch. 149, 37 Stat. 913.)
-End-
-CITE-
22 USC Sec. 262-1 01/06/03
-EXPCITE-
TITLE 22 - FOREIGN RELATIONS AND INTERCOURSE
CHAPTER 7 - INTERNATIONAL BUREAUS, CONGRESSES, ETC.
-HEAD-
Sec. 262-1. Restriction relating to United States accession to any
new international criminal tribunal
-STATUTE-
(a) Prohibition
The United States shall not become a party to any new
international criminal tribunal, nor give legal effect to the
jurisdiction of such a tribunal over any matter described in
subsection (b) of this section, except pursuant to -
(1) a treaty made under Article II, section 2, clause 2 of the
Constitution of the United States on or after October 21, 1998;
or
(2) any statute enacted by Congress on or after October 21,
1998.
(b) Jurisdiction described
The jurisdiction described in this section is jurisdiction over -
(1) persons found, property located, or acts or omissions
committed, within the territory of the United States; or
(2) nationals of the United States, wherever found.
(c) Statutory construction
Nothing in this section precludes sharing information, expertise,
or other forms of assistance with such tribunal.
(d) "New international criminal tribunal" defined
The term "new international criminal tribunal" means any
permanent international criminal tribunal established on or after
October 21, 1998, and does not include -
(1) the International Tribunal for the Prosecution of Persons
Responsible for Serious Violations of International Humanitarian
Law in the Territory of the Former Yugoslavia, as established by
United Nations Security Council Resolution 827 of May 25, 1993;
or
(2) the International Tribunal for the Prosecution of Persons
Responsible for Genocide and Other Serious Violations of
International Humanitarian Law Committed in the Territory of
Rwanda and Rwandan Citizens Responsible for Genocide and Other
Such Violations Committed in the Territory of Neighboring States,
as established by United Nations Security Council Resolution 955
of November 8, 1994.
-SOURCE-
(Pub. L. 105-277, div. G, subdiv. B, title XXV, Sec. 2502, Oct. 21,
1998, 112 Stat. 2681-836.)
-MISC1-
RESTRICTION RELATING TO UNITED STATES ACCESSION TO THE
INTERNATIONAL CRIMINAL COURT
Pub. L. 106-113, div. B, Sec. 1000(a)(7) [div. A, title VII, Sec.
705], Nov. 29, 1999, 113 Stat. 1536, 1501A-460, formerly set out as
a note under this section, was transferred and is classified to
section 7401 of this title.
PROHIBITION ON EXTRADITION OR TRANSFER OF UNITED STATES CITIZENS TO
THE INTERNATIONAL CRIMINAL COURT
Pub. L. 106-113, div. B, Sec. 1000(a)(7) [div. A, title VII, Sec.
706], Nov. 29, 1999, 113 Stat. 1536, 1501A-461, formerly set out as
a note under this section, was transferred and is classified to
section 7402 of this title.
-End-
-CITE-
22 USC Sec. 262a 01/06/03
-EXPCITE-
TITLE 22 - FOREIGN RELATIONS AND INTERCOURSE
CHAPTER 7 - INTERNATIONAL BUREAUS, CONGRESSES, ETC.
-HEAD-
Sec. 262a. Contributions to international organizations; consent of
State Department; limitations as to certain organizations
-STATUTE-
All financial contributions by the United States to the normal
operations of the international organizations covered by this Act,
which member states are obligated to support annually, shall be
limited to the amounts provided in this Act: Provided, That
contributions for special projects not regularly budgeted by such
international organizations shall not be subject to the above
limitation.
All financial contributions by the United States to international
organizations in which the United States participates as a member
shall be made by or with the consent of the Department of State
regardless of the appropriation from which any such contribution is
made.
-SOURCE-
(Sept. 21, 1950, ch. 976, Sec. 2, 64 Stat. 903; Pub. L. 107-228,
div. A, title IV, Sec. 405(b)(1), Sept. 30, 2002, 116 Stat. 1391.)
-REFTEXT-
REFERENCES IN TEXT
This Act, referred to in text, is act Sept. 21, 1950, ch. 976, 64
Stat. 903, which enacted section 262a of this title, and amended
sections 269b, 272a, 279a, 280b, 290b of this title. For complete
classification of this Act to the Code, see Tables.
The international organizations covered by this Act, referred to
in text, are the Inter-American Children's Institute, the
International Labor Organization, the United Nations Food and
Agriculture Organization, the South Pacific Commission, and the
World Health Organization.
-MISC1-
AMENDMENTS
2002 - Pub. L. 107-228 struck out at end "The Secretary of State
shall report annually to the Congress on the extent and disposition
of such contributions."
-SECREF-
SECTION REFERRED TO IN OTHER SECTIONS
This section is referred to in section 2226 of this title.
-End-
-CITE-
22 USC Sec. 262b 01/06/03
-EXPCITE-
TITLE 22 - FOREIGN RELATIONS AND INTERCOURSE
CHAPTER 7 - INTERNATIONAL BUREAUS, CONGRESSES, ETC.
-HEAD-
Sec. 262b. Commitments for United States contributions to
international organizations; limitations; consultation with
Congressional committees
-STATUTE-
No representative of the United States Government in any
international organization hereafter shall make any commitment
requiring the appropriation of funds for a contribution by the
United States in excess of 33 1/3 per centum of the budget of any
international organization for which the appropriation for the
United States contribution is contained in this Act: Provided, That
in exceptional circumstances necessitating a contribution by the
United States in excess of 33 1/3 per centum of the budget, a
commitment requiring a United States appropriation of a larger
proportion may be made after consultation by United States
representatives in the organization or other appropriate officials
of the Department of State with the Committees on Appropriations of
the Senate and House of Representatives: Provided, however, That
this section shall not apply to the United States representatives
to the Inter-American organizations, Caribbean Commission and the
Joint Support program of the International Civil Aviation
Organization.
-SOURCE-
(Oct. 22, 1951, ch. 533, title VI, Sec. 602, 65 Stat. 599; Aug. 5,
1953, ch. 328, title I, 67 Stat. 368.)
-REFTEXT-
REFERENCES IN TEXT
This Act, referred to in text, is act Oct. 22, 1951, ch. 533,
title VI, 65 Stat. 599, popularly known as the Departments of
State, Justice, Commerce and Judiciary Appropriation Act of 1952.
For complete classification of this Act to the Code, see Tables.
-COD-
CODIFICATION
Section is comprised of first paragraph of section 602 of act
Oct. 22, 1951. Second par. of such section 602 contained a fiscal
year provision.
-MISC1-
AMENDMENTS
1953 - Act Aug. 5, 1953, inserted proviso that this section is
not to apply to the United States representatives to the Caribbean
Commission and the Joint Support program of the International Civil
Aviation Organization.
SIMILAR PROVISIONS
Provisions similar to this section were contained in act July 10,
1952, ch. 651, title I, 66 Stat. 550.
-SECREF-
SECTION REFERRED TO IN OTHER SECTIONS
This section is referred to in title 16 sections 773j, 3641,
5709.
-End-
-CITE-
22 USC Sec. 262c 01/06/03
-EXPCITE-
TITLE 22 - FOREIGN RELATIONS AND INTERCOURSE
CHAPTER 7 - INTERNATIONAL BUREAUS, CONGRESSES, ETC.
-HEAD-
Sec. 262c. Commitments for United States contributions to
international financial institutions fostering economic
development in less developed countries; continuation of
participation
-STATUTE-
(a) Congressional findings
It is the sense of the Congress that -
(1) for humanitarian, economic, and political reasons, it is in
the national interest of the United States to assist in fostering
economic development in the less developed countries of this
world;
(2) the development-oriented international financial
institutions have proved themselves capable of playing a
significant role in assisting economic development by providing
to less developed countries access to capital and technical
assistance and soliciting from them maximum self-help and mutual
cooperation;
(3) this has been achieved with minimal risk of financial loss
to contributing countries;
(4) such institutions have proved to be an effective mechanism
for sharing the burden among developed countries of stimulating
economic development in the less developed world; and
(5) although continued United States participation in the
international financial institutions is an important part of
efforts by the United States to assist less developed countries,
more of this burden should be shared by other developed
countries. As a step in that direction, in future negotiations,
the United States should work toward aggregate contributions to
future replenishments to international financial institutions
covered by this Act not to exceed 25 per centum.
(b) Funding commitments to international financial institutions;
availability of funds subject to appropriations
The Congress recognizes that economic development is a long-term
process needing funding commitments to international financial
institutions. It also notes that the availability of funds for the
United States contribution to international financial institutions
is subject to the appropriations process.
-SOURCE-
(Pub. L. 95-118, title I, Sec. 101, Oct. 3, 1977, 91 Stat. 1067.)
-REFTEXT-
REFERENCES IN TEXT
This Act, referred to in subsec. (a)(5), is Pub. L. 95-118, Oct.
3, 1977, 91 Stat. 1067, as amended, known as the International
Financial Institutions Act, which enacted sections 262c, 262d, 262e
to 262g-3, 262m to 262p-7, 262r to 262t, 282i, 284n, 285s, 285t,
286e-1f, and 290g-10 of this title, repealed sections 283y, 284m,
and 290g-9 of this title, and enacted provisions set out as notes
under sections 262c and 282i of this title. For complete
classification of this Act to the Code, see Short Title of 1977
Amendment note set out under section 261 of this title and Tables.
-MISC1-
EFFECTIVE DATE
Section effective Oct. 3, 1977, see section 1001 of Pub. L.
95-118, set out as a note under section 282i of this title.
FUTURE UNITED STATES CONTRIBUTIONS TO THE INTERNATIONAL FINANCIAL
INSTITUTIONS
Pub. L. 96-536, Sec. 101(b) [H.J. Res. 637, Sec. 101(b); H.R.
4473, title I], Dec. 16, 1980, 94 Stat. 3167, provided in part
that: "It is the sense of the Congress that the United States share
of contributions to future replenishments of the International
Financial Institutions should not exceed the percentages enumerated
below for each of the respective accounts within these
institutions:
"Asian Development Bank:
"Paid-in capital, 16.3 percent;
"Callable capital, 16.3 percent;
"Asian Development Fund, 22.2 percent;
"African Development Bank:
"Special Fund, 18 percent;
"Inter-American Development Bank:
"Paid-in capital, 34.5 percent;
"Callable capital, 34.5 percent;
"Fund for Special Operations, 40 percent;
"International Bank for Reconstruction and Development:
"Paid-in capital, 24 percent;
"Callable capital, 24 percent;
"International Development Association, 25 percent;
"International Finance Corporation, 23 percent."
Similar provisions were contained in the following appropriation
acts:
Pub. L. 96-123, Sec. 101(a) [incorporating Pub. L. 95-481, title
III], Nov. 20, 1979, 93 Stat. 923.
Pub. L. 95-481, title III, Oct. 18, 1978, 92 Stat. 1599.
Pub. L. 95-148, title III, Oct. 31, 1977, 91 Stat. 1238.
STANDARDS FOR HUMAN NEEDS AND PROTECTION OF HUMAN RIGHTS;
CONSULTATION FOR DEVELOPMENT OF CRITERIA; REPORT TO CONGRESS
Section 703 of Pub. L. 95-118 provided that:
"(a) The Secretary of State and the Secretary of the Treasury
shall initiate a wide consultation designed to develop a viable
standard for the meeting of basic human needs and the protection of
human rights and a mechanism for acting together to insure that the
rewards of international economic cooperation are especially
available to those who subscribe to such standards and are seen to
be moving toward making them effective in their own systems of
governance.
"(b) Not later than one year after the date of enactment of this
Act [Oct. 3, 1977], the Secretary of State and the Secretary of the
Treasury shall report to the President of the Senate and the
Speaker of the House of Representatives on the progress made in
carrying out this section."
-End-
-CITE-
22 USC Sec. 262d 01/06/03
-EXPCITE-
TITLE 22 - FOREIGN RELATIONS AND INTERCOURSE
CHAPTER 7 - INTERNATIONAL BUREAUS, CONGRESSES, ETC.
-HEAD-
Sec. 262d. Human rights and United States assistance policies with
international financial institutions
-STATUTE-
(a) Policy goals
The United States Government, in connection with its voice and
vote in the International Bank for Reconstruction and Development,
the International Development Association, the International
Finance Corporation, the Inter-American Development Bank, the
African Development Fund, the Asian Development Bank, the African
Development Bank, the European Bank for Reconstruction and
Development, and the International Monetary Fund, shall advance the
cause of human rights, including by seeking to channel assistance
toward countries other than those whose governments engage in -
(1) a pattern of gross violations of internationally recognized
human rights, such as torture or cruel, inhumane, or degrading
treatment or punishment, prolonged detention without charges, or
other flagrant denial to life, liberty, and the security of
person; or
(2) provide refuge to individuals committing acts of
international terrorism by hijacking aircraft.
(b) Policy considerations for Executive Directors of institutions
in implementation of duties
Further, the Secretary of the Treasury shall instruct each
Executive Director of the above institutions to consider in
carrying out his duties:
(1) specific actions by either the executive branch or the
Congress as a whole on individual bilateral assistance programs
because of human rights considerations;
(2) the extent to which the economic assistance provided by the
above institutions directly benefit the needy people in the
recipient country;
(3) whether the recipient country -
(A) is seeking to acquire unsafeguarded special nuclear
material (as defined in section 6305(8) of this title) or a
nuclear explosive device (as defined in section 6305(4) of this
title);
(B) is not a State Party to the Treaty on the
Non-Proliferation of Nuclear Weapons; or
(C) has detonated a nuclear explosive device; and
(4) in relation to assistance for the Socialist Republic of
Vietnam, the People's Democratic Republic of Laos, Russia and the
other independent states of the former Soviet Union (as defined
in section 5801 of this title), and Democratic Kampuchea
(Cambodia), the responsiveness of the governments of such
countries in providing a more substantial accounting of Americans
missing in action.
(c) Reporting requirements
(1) The Secretary of the Treasury shall report annually on all
loans considered by the Boards of Executive Directors of the
institutions listed in subsection (a) of this section to the
Chairman and ranking minority member of the Committee on Banking,
Finance and Urban Affairs of the House of Representatives, or the
designees of such Chairman and ranking minority member, and the
Chairman and ranking minority member of the Committee on Foreign
Relations of the Senate.
(2) Each report required by paragraph (1) shall -
(A) include a list of all loans considered by the Board (!1) of
Executive Directors of the institutions listed in subsection (a)
of this section and shall specify with respect to each such loan
-
(i) the institution involved;
(ii) the date of final action;
(iii) the borrower;
(iv) the amount;
(v) the project or program;
(vi) the vote of the United States Government;
(vii) the reason for United States Government opposition, if
any;
(viii) the final disposition of the loan; and
(ix) if the United States Government opposed the loan,
whether the loan meets basic human needs;
(B) indicate whether the United States has opposed any loan,
financial assistance, or technical assistance to a country on
human rights grounds;
(C) indicate whether the United States has voted in favor of a
loan, financial assistance, or technical assistance to a country
with respect to which the United States had, in the preceding 2
years, opposed a loan, financial assistance, or technical
assistance on human rights grounds; and
(D) in cases where the United States changed its voting
position from opposition to support or from support to
opposition, on human rights grounds -
(i) indicate the policy considerations that were taken into
account in the development of the United States voting
position;
(ii) describe human rights conditions in the country
involved;
(iii) indicate how the United States voted on all other
loans, financial assistance, and technical assistance to such
country during the preceding 2 years; and
(iv) contain information as to how the United States voting
position relates to the overall United States Government policy
on human rights in such country.
(d) Requirements of United States assistance through institutions
for projects in recipient countries
The United States Government, in connection with its voice and
vote in the institutions listed in subsection (a) of this section,
shall seek to channel assistance to projects which address basic
human needs of the people of the recipient country.
(e) Criteria for determination of gross violations of
internationally recognized human rights standards
In determining whether a country is in gross violation of
internationally recognized human rights standards, as defined by
the provisions of subsection (a) of this section, the United States
Government shall give consideration to the extent of cooperation of
such country in permitting an unimpeded investigation of alleged
violations of internationally recognized human rights by
appropriate international organizations including, but not limited
to, the International Committee of the Red Cross, Amnesty
International, the International Commission of Jurists, and groups
or persons acting under the authority of the United Nations or the
Organization of American States.
(f) Opposition by United States Executive Directors of institutions
to financial or technical assistance to violating countries
The United States Executive Directors of the institutions listed
in subsection (a) of this section are authorized and instructed to
oppose any loan, any extension of financial assistance, or any
technical assistance to any country described in subsection (a)(1)
or (2) of this section, unless such assistance is directed
specifically to programs which serve the basic human needs of the
citizens of such country.
(g) (!2) Consultative and additional reporting requirements
The Secretary of the Treasury or his delegate shall consult
frequently and in a timely manner with the chairmen and ranking
minority members of the Committee on Banking, Finance and Urban
Affairs of the House of Representatives and of the Committee on
Foreign Relations of the Senate to inform them regarding any
prospective changes in policy direction toward countries which have
or recently have had poor human rights records.
(g) (!2) Violations of religious freedom
In determining whether the government of a country engages in a
pattern of gross violations of internationally recognized human
rights, as described in subsection (a) of this section, the
President shall give particular consideration to whether a foreign
government -
(1) has engaged in or tolerated particularly severe violations
of religious freedom, as defined in section 6402 of this title;
or
(2) has failed to undertake serious and sustained efforts to
combat particularly severe violations of religious freedom when
such efforts could have been reasonably undertaken.
-SOURCE-
(Pub. L. 95-118, title VII, Sec. 701, Oct. 3, 1977, 91 Stat. 1069;
Pub. L. 96-259, title V, Sec. 501(a), (b), June 3, 1980, 94 Stat.
431, 432; Pub. L. 97-35, title XIII, Sec. 1342(b), Aug. 13, 1981,
95 Stat. 743; Pub. L. 97-375, title II, Sec. 211, Dec. 21, 1982, 96
Stat. 1826; Pub. L. 98-181, title X, Sec. 1004, Nov. 30, 1983, 97
Stat. 1286; Pub. L. 101-240, title V, Sec. 541(c), (d)(4), (e)(8),
Dec. 19, 1989, 103 Stat. 2517-2519; Pub. L. 101-513, title V, Sec.
562(b)(2), Nov. 5, 1990, 104 Stat. 2034; Pub. L. 102-511, title X,
Sec. 1008, Oct. 24, 1992, 106 Stat. 3361; Pub. L. 103-236, title
VIII, Sec. 823(b), Apr. 30, 1994, 108 Stat. 512; Pub. L. 105-292,
title IV, Sec. 422, Oct. 27, 1998, 112 Stat. 2810; Pub. L. 106-569,
title XI, Sec. 1103(g), Dec. 27, 2000, 114 Stat. 3031.)
-MISC1-
AMENDMENTS
2000 - Subsec. (c)(1). Pub. L. 106-569 substituted "The Secretary
of the Treasury shall report annually" for "Not later than 30 days
after the end of each calendar quarter, the Secretary of the
Treasury shall report quarterly".
1998 - Subsec. (g). Pub. L. 105-292 added subsec. (g) relating to
violations of religious freedom.
1994 - Subsec. (b)(3). Pub. L. 103-236 amended par. (3)
generally. Prior to amendment, par. (3) read as follows: "whether
the recipient country has detonated a nuclear device or is not a
State Party to the Treaty on Nonproliferation of Nuclear Weapons or
both; and".
1992 - Subsec. (a). Pub. L. 102-511, Sec. 1008(a), substituted
"the African Development Bank, the European Bank for Reconstruction
and Development, and the International Monetary Fund," for "and the
African Development Bank,".
Subsec. (b)(4). Pub. L. 102-511, Sec. 1008(b), inserted "Russia
and the other independent states of the former Soviet Union (as
defined in section 5801 of this title)," after "Laos,".
1990 - Subsec. (g). Pub. L. 101-513 struck out "(2)" before "The
Secretary" and substituted "of the Committee on Banking, Finance
and Urban Affairs of the House of Representatives and of the
Committee on Foreign Relations of the Senate" for "specified in
paragraph (1)".
1989 - Subsec. (c). Pub. L. 101-240, Sec. 541(c), amended subsec.
(c) generally, substituting provisions relating to quarterly
reports by Secretary of the Treasury not later than 30 days after
end of each calendar quarter for provisions relating to annual
reports by Secretaries of State and the Treasury, and quarterly
reports by Secretary of the Treasury.
Subsec. (d). Pub. L. 101-240, Sec. 541(e)(8), struck out at end
"The annual report required under subsection (c) of this section
shall include a listing of categories of such assistance granted,
with particular attention to categories that address basic human
needs."
Subsec. (g)(1). Pub. L. 101-240, Sec. 541(d)(4), struck out par.
(1) which related to quarterly reporting requirements by Secretary
of the Treasury in consultation with Secretary of State.
1983 - Subsec. (a)(1). Pub. L. 98-181 substituted "pattern" for
"consistent pattern".
Subsec. (g)(1). Pub. L. 98-181 substituted "Not later than thirty
days after the end of each calendar quarter, the Secretary of the
Treasury, in consultation with the Secretary of State, shall
report." for "The Secretary of the Treasury, in consultation with
the Secretary of State, shall report quarterly".
1982 - Subsec. (c)(1). Pub. L. 97-375 inserted "excluding section
262e of this title and".
1981 - Subsec. (a). Pub. L. 97-35 inserted reference to the
African Development Bank.
1980 - Subsec. (c). Pub. L. 96-259, Sec. 501(a), designated
existing provisions as par. (1) and added par. (2).
Subsec. (g). Pub. L. 96-259, Sec. 501(b), added subsec. (g).
-CHANGE-
CHANGE OF NAME
Committee on Banking, Finance and Urban Affairs of House of
Representatives treated as referring to Committee on Banking and
Financial Services of House of Representatives by section 1(a) of
Pub. L. 104-14, set out as a note preceding section 21 of Title 2,
The Congress. Committee on Banking and Financial Services of House
of Representatives abolished and replaced by Committee on Financial
Services of House of Representatives, and jurisdiction over matters
relating to securities and exchanges and insurance generally
transferred from Committee on Energy and Commerce of House of
Representatives by House Resolution No. 5, One Hundred Seventh
Congress, Jan. 3, 2001.
-MISC2-
EFFECTIVE DATE OF 1994 AMENDMENT
Amendment by Pub. L. 103-236 effective 60 days after Apr. 30,
1994, see section 831 of Pub. L. 103-236, set out as an Effective
Date note under section 6301 of this title.
EFFECTIVE DATE OF 1989 AMENDMENT
Section 801 of Pub. L. 101-240 provided that: "Except as
otherwise provided in this Act, this Act and the amendments made by
this Act [enacting sections 262m-7, 262p-4g to 262p-4k, 262r to
262r-2, 262s-1, 262t, 283z-5 to 283z-8, 286e-12, 286kk, and 2281 to
2286 of this title and section 3904a of Title 12, Banks and
Banking, amending this section, sections 262m-7, 262p-1, 262p-5,
262s-2, 282b, 283b, 283cc, 284b, 285b, 286b, 286e-9, 286k-1, 286s,
290g-2, 290i-3, and 290k-5 of this title, and sections 635 and
635i-3 of Title 12, transferring former section 262q of this title
to section 262s of this title and former section 4722 of Title 15,
Commerce and Trade, to section 262s-2 of this title, repealing
sections 262i, 262m-6, 276c-3, 283i, 286b-1, and 286b-2 of this
title, enacting provisions set out as notes under sections 283z-6,
2151, and 2291 of this title and sections 635, 3901, and 3904a of
Title 12, amending provisions set out as a note under section 262l
of this title, and repealing provisions set out as notes under
sections 262g-2 and 283 of this title] shall take effect on the
date of the enactment of this Act [Dec. 19, 1989]."
EFFECTIVE DATE OF 1981 AMENDMENT
Amendment by Pub. L. 97-35 effective Aug. 13, 1981, see section
1372 of Pub. L. 97-35, set out as an Effective Date note under
section 290i of this title.
EFFECTIVE DATE
Section effective Oct. 3, 1977, see section 1001 of Pub. L.
95-118, set out as a note under section 282i of this title.
CONSULTATIONS FOR ADOPTION OF AMENDMENT TO ARTICLES OF AGREEMENT
RESPECTING HUMAN RIGHTS STANDARDS IN CONNECTION WITH ANY
APPLICATION FOR ASSISTANCE
Pub. L. 95-118, title VII, Sec. 705, as added by Pub. L. 96-259,
title V, Sec. 501(c), June 3, 1980, 94 Stat. 432, provided that:
"The President shall direct the United States Governor of the
International Bank for Reconstruction and Development, the United
States Governor of the International Finance Corporation, the
United States Governor of the International Development
Association, the United States Governor of the Inter-American
Development Bank, the United States Governor of the Asian
Development Bank, and the United States Governor of the African
Development Fund, to consult with the other Governors of those
institutions concerning adoption of an amendment to the Articles of
Agreement of their respective institutions to establish human
rights standards to be considered in connection with each
application for assistance."
AMENDMENT OF ARTICLES OF AGREEMENT OF INTERNATIONAL FINANCIAL
INSTITUTIONS; ESTABLISHMENT OF HUMAN RIGHTS STANDARDS TO BE
CONSIDERED IN CONNECTION WITH ASSISTANCE APPLICATION
Pub. L. 95-481, title VI, Sec. 611, Oct. 18, 1978, 92 Stat. 1602,
provided that: "The President shall direct the United States
Governor of the International Bank for Reconstruction and
Development, the United States Governor of the International
Finance Corporation, the United States Governor of the
International Development Association, the United States Governor
of the Inter-American Development Bank, the United States Governor
of the Asian Development Bank, and the United States Governor of
the African Development Fund, to propose and seek adoption of an
amendment to the Articles of Agreement for their respective
institutions to establish human rights standards to be considered
in connection with each application for assistance."
-SECREF-
SECTION REFERRED TO IN OTHER SECTIONS
This section is referred to in sections 262r, 2799aa-1, 5605,
6302, 6445, 6713 of this title.
-FOOTNOTE-
(!1) So in original. Probably should be "Boards".
(!2) So in original. Two subsecs. (g) have been enacted.
-End-
-CITE-
22 USC Sec. 262d-1 01/06/03
-EXPCITE-
TITLE 22 - FOREIGN RELATIONS AND INTERCOURSE
CHAPTER 7 - INTERNATIONAL BUREAUS, CONGRESSES, ETC.
-HEAD-
Sec. 262d-1. Congressional statement of policy of human rights and
United States assistance policies with international institutions
-STATUTE-
It is the sense of the Congress that, where other means have
proven ineffective in promoting international human rights, and
except where the President determines that the cause of
international human rights is served more effectively by actions
other than voting against such assistance or where the assistance
is directed to programs that serve the basic needs of the
impoverished majority of the country in question, United States
representatives to the International Bank for Reconstruction and
Development, the International Development Association, the African
Development Fund, the Asian Development Bank, and the
Inter-American Development Bank should oppose loans and other
financial or technical assistance to any country that persists in a
systematic pattern of gross violations of fundamental human rights.
-SOURCE-
(Pub. L. 95-148, title V, Sec. 507, Oct. 31, 1977, 91 Stat. 1240.)
-End-
-CITE-
22 USC Sec. 262e 01/06/03
-EXPCITE-
TITLE 22 - FOREIGN RELATIONS AND INTERCOURSE
CHAPTER 7 - INTERNATIONAL BUREAUS, CONGRESSES, ETC.
-HEAD-
Sec. 262e. Comparability of salaries and benefits of employees of
international financial institutions with employees of American
private business and governmental service
-STATUTE-
The President shall direct the United States Executive Directors
of such international financial institutions to take all
appropriate actions to keep the salaries and benefits of the
employees of such institutions to levels comparable to salaries and
benefits of employees of private business and the United States
Government in comparable positions.
-SOURCE-
(Pub. L. 95-118, title VII, Sec. 704, Oct. 3, 1977, 91 Stat. 1071.)
-MISC1-
EFFECTIVE DATE
Section effective Oct. 3, 1977, see section 1001 of Pub. L.
95-118, set out as a note under section 282i of this title.
-SECREF-
SECTION REFERRED TO IN OTHER SECTIONS
This section is referred to in section 262r of this title.
-End-
-CITE-
22 USC Sec. 262f 01/06/03
-EXPCITE-
TITLE 22 - FOREIGN RELATIONS AND INTERCOURSE
CHAPTER 7 - INTERNATIONAL BUREAUS, CONGRESSES, ETC.
-HEAD-
Sec. 262f. Promotion of development and utilization of light
capital technologies and United States assistance policies with
international financial institutions
-STATUTE-
The United States Government, in connection with its voice and
vote in the International Bank for Reconstruction and Development,
the International Development Association, the International
Finance Corporation, the Inter-American Development Bank, the
African Development Fund, the Asian Development Bank, and the
African Development Bank, shall promote the development and
utilization of light capital technologies, otherwise known as
intermediate, appropriate, or village technologies, by such
international institutions as major facets of their development
strategies, with major emphasis on the production and conservation
of energy through light capital technologies.
-SOURCE-
(Pub. L. 95-118, title VIII, Sec. 801, Oct. 3, 1977, 91 Stat. 1071;
Pub. L. 97-35, title XIII, Secs. 1342(c), 1371(b)(1), Aug. 13,
1981, 95 Stat. 743, 746.)
-MISC1-
AMENDMENTS
1981 - Pub. L. 97-35 redesignated subsec. (a) as entire section,
inserted reference to African Development Bank, and struck out
subsec. (b) which related to an annual report to Congress on
progress toward achieving goals of this section.
EFFECTIVE DATE OF 1981 AMENDMENT
Amendment by Pub. L. 97-35 effective Aug. 13, 1981, see section
1372 of Pub. L. 97-35, set out as an Effective Date note under
section 290i of this title.
EFFECTIVE DATE
Section effective Oct. 3, 1977, see section 1001 of Pub. L.
95-118, set out as a note under section 282i of this title.
-End-
-CITE-
22 USC Sec. 262g 01/06/03
-EXPCITE-
TITLE 22 - FOREIGN RELATIONS AND INTERCOURSE
CHAPTER 7 - INTERNATIONAL BUREAUS, CONGRESSES, ETC.
-HEAD-
Sec. 262g. Human nutrition in developing countries and United
States assistance policies with international financial
institutions; declaration of policy
-STATUTE-
The Congress declares it to be the policy of the United States,
in connection with its voice and vote in the International Bank for
Reconstruction and Development, the International Development
Association, the International Finance Corporation, the
Inter-American Development Bank, the African Development Fund, the
Asian Development Fund, and the Asian Development Bank, to combat
hunger and malnutrition and to encourage economic development in
the developing countries, with emphasis on assistance to those
countries that are determined to improve their own agricultural
production, by seeking to channel assistance for agriculturally
related development to projects that would aid in fulfilling
domestic food and nutrition needs and in alleviating hunger and
malnutrition in the recipient country. The United States
representatives to the institutions named in this section shall
oppose any loan or other financial assistance for establishing or
expanding production for export of palm oil, sugar, or citrus crops
if such loan or assistance will cause injury to United States
producers of the same, similar, or competing agricultural
commodity.
-SOURCE-
(Pub. L. 95-118, title IX, Sec. 901, Oct. 3, 1977, 91 Stat. 1071;
Pub. L. 97-35, title XIII, Sec. 1371(b)(2), Aug. 13, 1981, 95 Stat.
746.)
-MISC1-
AMENDMENTS
1981 - Pub. L. 97-35 redesignated subsec. (a) as entire section
and struck out subsec. (b) which related to an annual report to
Congress on the progress towards achieving the goals of this
section.
EFFECTIVE DATE OF 1981 AMENDMENT
Amendment by Pub. L. 97-35 effective Aug. 13, 1981, see section
1372 of Pub. L. 97-35, set out as an Effective Date note under
section 290i of this title.
EFFECTIVE DATE
Section effective Oct. 3, 1977, see section 1001 of Pub. L.
95-118, set out as a note under section 282i of this title.
-End-
-CITE-
22 USC Sec. 262g-1 01/06/03
-EXPCITE-
TITLE 22 - FOREIGN RELATIONS AND INTERCOURSE
CHAPTER 7 - INTERNATIONAL BUREAUS, CONGRESSES, ETC.
-HEAD-
Sec. 262g-1. Targeting assistance to specific populations
-STATUTE-
(a) Congressional findings
The Congress finds that there is a need for concerted
international efforts to deal with the problems of malnutrition,
low life expectancy, childhood disease, underemployment, and low
productivity in developing countries.
(b) Assistance to poorest populations
The Congress notes with approval that the Inter-American
Development Bank, under the terms of its Fifth Replenishment, has
adopted the target that 50 percent of its lending benefit the
poorest groups and has developed a usable methodology for
determining the proportion of its lending which benefits such
groups.
-SOURCE-
(Pub. L. 95-118, title XI, Sec. 1101, as added Pub. L. 97-35, title
XIII, Sec. 1361(b), Aug. 13, 1981, 95 Stat. 745.)
-MISC1-
EFFECTIVE DATE
Section effective Aug. 13, 1981, see section 1372 of Pub. L.
97-35, set out as a note under section 290i of this title.
-SECREF-
SECTION REFERRED TO IN OTHER SECTIONS
This section is referred to in section 262g-2 of this title.
-End-
-CITE-
22 USC Sec. 262g-2 01/06/03
-EXPCITE-
TITLE 22 - FOREIGN RELATIONS AND INTERCOURSE
CHAPTER 7 - INTERNATIONAL BUREAUS, CONGRESSES, ETC.
-HEAD-
Sec. 262g-2. Establishment of guidelines for international
financial institutions
-STATUTE-
(a) Consultation with representatives of member countries
The Secretary of the Treasury shall consult with representatives
of other member countries of the International Bank for
Reconstruction and Development, the International Development
Association, the Asian Development Bank, the African Development
Fund, and the African Development Bank (if the United States
becomes a member of that Bank), for the purpose of establishing
guidelines within each of those institutions which specify that, in
a manner consistent with the purposes and charters of those
institutions, a specified proportion of the annual lending by each
institution shall be designed to benefit needy people, primarily by
financing sound, efficient, productive, self-sustaining projects
designed to benefit needy people in developing countries, thus
helping poor people improve their conditions of life.
(b) Congressional findings regarding implementation of objectives
The Congress finds that projects to construct basic
infrastructure, to expand productive capacity (including private
enterprise), and to address social problems can all meet the
objectives of this section if they are designed and implemented
properly. For the purposes of this title, "needy people" means
those people living in "absolute" or "relative" poverty as
determined under the standards employed by the International Bank
for Reconstruction and Development and the International
Development Association.
-SOURCE-
(Pub. L. 95-118, title XI, Sec. 1102, as added Pub. L. 97-35, title
XIII, Sec. 1361(b), Aug. 13, 1981, 95 Stat. 745.)
-REFTEXT-
REFERENCES IN TEXT
This title, referred to in subsec. (b), is title XI (Secs.
1101-1103) of Pub. L. 95-118, as added by Pub. L. 97-35, title
XIII, Sec. 1361(b), Aug. 13, 1981, 95 Stat. 745, which enacted
sections 262g-1 and 262g-2 of this title and enacted a provision
set out as a note below. For complete classification of title XI to
the Code, see Tables.
-MISC1-
EFFECTIVE DATE
Section effective Aug. 13, 1981, see section 1372 of Pub. L.
97-35, set out as a note under section 290i of this title.
REPORTS TO CONGRESS
Section 1103 of Pub. L. 95-118, as added by Pub. L. 97-35, title
XIII, Sec. 1361(b), Aug. 13, 1981, 95 Stat. 746, required reports
on the progress being made toward achieving the goals of this
section, prior to repeal by Pub. L. 101-240, title V, Sec.
541(d)(4), Dec. 19, 1989, 103 Stat. 2518.
-End-
-CITE-
22 USC Sec. 262g-3 01/06/03
-EXPCITE-
TITLE 22 - FOREIGN RELATIONS AND INTERCOURSE
CHAPTER 7 - INTERNATIONAL BUREAUS, CONGRESSES, ETC.
-HEAD-
Sec. 262g-3. International negotiations on future replenishments of
international financial institutions; consultation with
appropriate Members of Congress
-STATUTE-
The Secretary of the Treasury or his designee shall consult with
the Chairman and the Ranking Minority Member of -
(1) the Committee on Banking, Finance and Urban Affairs of the
House of Representatives, the Committee on Appropriations of the
House of Representatives, and the appropriate subcommittee of
each such committee, and
(2) the Committee on Foreign Relations of the Senate, the
Committee on Appropriations of the Senate, and the appropriate
subcommittee of each such committee,
for the purpose of discussing the position of the executive branch
and the views of the Congress with respect to any international
negotiations being held to consider future replenishments or
capital expansions of any multilateral development bank which may
involve an increased contribution or subscription by the United
States. Such consultation shall be made (A) not later than 30 days
before the initiation of such international negotiations, (B)
during the period in which such negotiations are being held, in a
frequent and timely manner, and (C) before a session of such
negotiations is held at which the United States representatives may
agree to such a replenishment or capital expansion.
-SOURCE-
(Pub. L. 95-118, title XII, Sec. 1201, as added Pub. L. 97-35,
title XIII, Sec. 1361(b), Aug. 13, 1981, 95 Stat. 746.)
-CHANGE-
CHANGE OF NAME
Committee on Banking, Finance and Urban Affairs of House of
Representatives treated as referring to Committee on Banking and
Financial Services of House of Representatives by section 1(a) of
Pub. L. 104-14, set out as a note preceding section 21 of Title 2,
The Congress. Committee on Banking and Financial Services of House
of Representatives abolished and replaced by Committee on Financial
Services of House of Representatives, and jurisdiction over matters
relating to securities and exchanges and insurance generally
transferred from Committee on Energy and Commerce of House of
Representatives by House Resolution No. 5, One Hundred Seventh
Congress, Jan. 3, 2001.
-MISC1-
EFFECTIVE DATE
Section effective Aug. 13, 1981, see section 1372 of Pub. L.
97-35, set out as a note under section 290i of this title.
-End-
-CITE-
22 USC Sec. 262h 01/06/03
-EXPCITE-
TITLE 22 - FOREIGN RELATIONS AND INTERCOURSE
CHAPTER 7 - INTERNATIONAL BUREAUS, CONGRESSES, ETC.
-HEAD-
Sec. 262h. Opposition by United States Executive Directors of
international financial institutions to assistance for production
or extraction of export commodities or minerals in surplus on
world markets
-STATUTE-
The Secretary of the Treasury shall instruct the United States
Executive Directors of the International Bank for Reconstruction
and Development, the International Development Association, the
International Finance Corporation, the Inter-American Development
Bank, the International Monetary Fund, the Asian Development Bank,
the Inter-American Investment Corporation, the African Development
Bank, and the African Development Fund to use the voice and vote of
the United States to oppose any assistance by such institutions,
using funds appropriated or otherwise made available pursuant to
any provision of law, for the production or extraction of any
commodity or mineral for export, if -
(1) such commodity or mineral, as the case may be, is in
surplus on world markets; and
(2) the export of such commodity or mineral, as the case may
be, would cause substantial injury to the United States producers
of the same, similar, or competing commodity or mineral.
-SOURCE-
(Pub. L. 99-472, Sec. 22, Oct. 15, 1986, 100 Stat. 1210.)
-MISC1-
SIMILAR PROVISIONS
Pub. L. 107-115, title V, Sec. 514, Jan. 10, 2002, 115 Stat.
2142, provided that: "The Secretary of the Treasury shall instruct
the United States Executive Directors of the International Bank for
Reconstruction and Development, the International Development
Association, the International Finance Corporation, the
Inter-American Development Bank, the International Monetary Fund,
the Asian Development Bank, the Inter-American Investment
Corporation, the North American Development Bank, the European Bank
for Reconstruction and Development, the African Development Bank,
and the African Development Fund to use the voice and vote of the
United States to oppose any assistance by these institutions, using
funds appropriated or made available pursuant to this Act [see
Tables for classification], for the production or extraction of any
commodity or mineral for export, if it is in surplus on world
markets and if the assistance will cause substantial injury to
United States producers of the same, similar, or competing
commodity."
Similar provisions were contained in the following appropriation
acts:
Pub. L. 106-429, Sec. 101(a) [title V, Sec. 514], Nov. 6, 2000,
114 Stat. 1900, 1900A-25.
Pub. L. 106-113, div. B, Sec. 1000(a)(2) [title V, Sec. 514],
Nov. 29, 1999, 113 Stat. 1535, 1501A-85.
Pub. L. 105-277, div. A, Sec. 101(d) [title V, Sec. 514(a)], Oct.
21, 1998, 112 Stat. 2681-150, 2681-173.
Pub. L. 105-118, title V, Sec. 514, Nov. 26, 1997, 111 Stat.
2409.
Pub. L. 104-208, div. A, title I, Sec. 101(c) [title V, Sec.
514], Sept. 30, 1996, 110 Stat. 3009-121, 3009-143.
Pub. L. 104-107, title V, Sec. 514, Feb. 12, 1996, 110 Stat. 725.
Pub. L. 103-306, title V, Sec. 514, Aug. 23, 1994, 108 Stat.
1628.
Pub. L. 103-87, title V, Sec. 514, Sept. 30, 1993, 107 Stat. 948.
Pub. L. 102-391, title V, Sec. 521, Oct. 6, 1992, 106 Stat. 1661.
Pub. L. 101-513, title V, Sec. 522, Nov. 5, 1990, 104 Stat. 2007.
Pub. L. 101-167, title V, Sec. 522, Nov. 21, 1989, 103 Stat.
1221.
Pub. L. 100-461, title V, Sec. 522, Oct. 1, 1988, 102 Stat.
2268-25.
Pub. L. 100-202, Sec. 101(e) [title V, Sec. 522], Dec. 22, 1987,
101 Stat. 1329-131, 1329-157.
Pub. L. 99-500, Sec. 101(f) [title V, Sec. 522], Oct. 18, 1986,
100 Stat. 1783-213, 1783-229, and Pub. L. 99-591, Sec. 101(f)
[title V, Sec. 522], Oct. 30, 1986, 100 Stat. 3341-214, 3341-229.
Pub. L. 99-190, Sec. 101(i) [title V, Sec. 523], Dec. 19, 1985,
99 Stat. 1291, 1306.
Pub. L. 98-473, title I, Sec. 101(1) [title V, Sec. 524], Oct.
12, 1984, 98 Stat. 1884, 1899.
Pub. L. 98-151, Sec. 101(b)(1) [incorporating Pub. L. 97-121,
title V, Sec. 522], Nov. 14, 1983, 97 Stat. 964.
Pub. L. 97-377, title I, Sec. 101(b)(1) [incorporating Pub. L.
97-121, title V, Sec. 522], Dec. 21, 1982, 96 Stat. 1831.
Pub. L. 97-121, title V, Sec. 522, Dec. 29, 1981, 95 Stat. 1656.
Pub. L. 96-536, Sec. 101(b) [H.J. Res. 637, Sec. 101(b); H.R.
4473, title V, Sec. 522A], Dec. 16, 1980, 94 Stat. 3167.
Pub. L. 96-123, Sec. 101(a) [incorporating Pub. L. 95-481, title
VI, Sec. 609], Nov. 20, 1979, 93 Stat. 923.
Pub. L. 95-481, title VI, Sec. 609, Oct. 18, 1978, 92 Stat. 1601.
-End-
-CITE-
22 USC Sec. 262i 01/06/03
-EXPCITE-
TITLE 22 - FOREIGN RELATIONS AND INTERCOURSE
CHAPTER 7 - INTERNATIONAL BUREAUS, CONGRESSES, ETC.
-HEAD-
Sec. 262i. Repealed. Pub. L. 101-240, title V, Sec. 541(d)(6), Dec.
19, 1989, 103 Stat. 2518
-MISC1-
Section, Pub. L. 96-259, title IV, Sec. 401, June 3, 1980, 94
Stat. 431, related to communication and dissemination of
information respecting export opportunity enhancement.
-End-
-CITE-
22 USC Sec. 262j 01/06/03
-EXPCITE-
TITLE 22 - FOREIGN RELATIONS AND INTERCOURSE
CHAPTER 7 - INTERNATIONAL BUREAUS, CONGRESSES, ETC.
-HEAD-
Sec. 262j. Use of renewable resources for energy production
-STATUTE-
(a) Promotion, etc., by United States in connection with
international financial institutions
The United States Government, in connection with its voice and
vote in the Inter-American Development Bank, the African
Development Fund, and the Asian Development Bank, shall encourage
such institutions -
(1) to promote the decentralized production of renewable
energy;
(2) to identify renewable resources to produce energy in rural
development projects and determine the feasibility of
substituting them for systems using fossil fuel;
(3) to train personnel in developing technologies for getting
energy from renewable resources;
(4) to support research into the use of renewable resources,
including hydropower, biomass, solar photovoltaic, and solar
thermal;
(5) to support an information network to make available to
policymakers the full range of energy choices;
(6) to broaden their energy planning, analyses, and assessments
to include consideration of the supply of, demand for, and
possible uses of renewable resources; and
(7) to coordinate with the Agency for International Development
and other aid organizations in supporting effective rural energy
programs.
(b) "Renewable resource" defined
For purposes of this section, the term "renewable resource" means
any energy resource which -
(1) meets the needs of rural communities;
(2) saves capital without wasting labor;
(3) is modest in scale and simple to install and maintain and
which can be managed by local individuals;
(4) is acceptable and affordable; and
(5) does not damage the environment.
-SOURCE-
(Pub. L. 96-259, title VI, Sec. 602, June 3, 1980, 94 Stat. 433;
Pub. L. 97-375, title I, Sec. 112, Dec. 21, 1982, 96 Stat. 1821.)
-MISC1-
AMENDMENTS
1982 - Subsec. (c). Pub. L. 97-375 struck out subsec. (c) which
directed the Secretary of the Treasury, in consultation with the
Director of the United States International Development Cooperation
Agency, to report to Congress not later than six months after June
3, 1980, and annually thereafter on the progress toward achieving
the goals set forth in this title.
CONGRESSIONAL STATEMENT OF FINDINGS RESPECTING USE OF RENEWABLE
RESOURCES FOR ENERGY PRODUCTION IN POOR AND DEVELOPING COUNTRIES
AND ROLE OF INTERNATIONAL FINANCIAL INSTITUTIONS
Section 601 of Pub. L. 96-259 provided that: "The Congress finds
that -
"(1) without an adequate supply of energy at affordable prices
the world's poor will continue to be deprived of jobs, food,
water, shelter, and clothing, and poor countries will continue to
be economically and politically unstable;
"(2) dependence on increasingly expensive fossil fuel resources
consumes too much of the capital available to poor countries with
the result that funds are not available to meet the basic needs
of poor people;
"(3) in many developing countries the cost of large central
generators and long distance electrical distribution makes it
unlikely that rural energy by means of a national grid will
contribute to meeting the needs of poor people;
"(4) only one of eight rural inhabitants lives in an area which
has access to electricity and even fewer rural inhabitants
actually have or can afford electricity;
"(5) wood, animal and agricultural waste, and other
'noncommercial' fuels still supply about half the total energy in
developing countries and all but a seventh in rural sectors;
"(6) growing dependence of the world's poor on wood for heating
and cooking has forced the overcutting of forests and as a
consequence erosion and loss of available agricultural land; and
"(7) recent initiatives by the international financial
institutions to develop and utilize decentralized solar, hydro,
biomass, geothermal, and wind energy should be significantly
expanded to make renewable energy resources increasingly
available to the world's poor on a wide scale."
-End-
-CITE-
22 USC Sec. 262k 01/06/03
-EXPCITE-
TITLE 22 - FOREIGN RELATIONS AND INTERCOURSE
CHAPTER 7 - INTERNATIONAL BUREAUS, CONGRESSES, ETC.
-HEAD-
Sec. 262k. Financial assistance to international financial
institutions; considerations and criteria
-STATUTE-
(a) Congressional declaration of intent
United States active participation in international financial
institution activity is based on our national objective of
furthering the economic and social development of the nations of
the world, in particular the developing nations. The attainment of
this national objective is most effectively realized through a
world economic and financial system which is both free and stable.
Therefore, it is the intent of the United States Congress that
United States financial assistance to the international financial
institutions should be primarily directed to those projects that
would not generate excess commodity supplies in world markets,
displace private investment initiatives or foster departures from a
market-oriented economy.
(b) Effect of country adjustment programs; minimization of
projected adverse impacts; avoidance of government subsidization
The Secretary of the Treasury shall instruct the representatives
of the United States to the international financial institutions
described in subsection (d) of this section to take into account in
their review of loans, credits, or other utilization of the
resources of their respective institutions, the effect that country
adjustment programs would have upon individual industry sectors and
international commodity markets in order to -
(1) minimize any projected adverse impacts on such sector or
markets of making such loans, credits, or utilization of
resources; and
(2) avoid whenever possible government subsidization of
production and exports of international commodities without
regard to economic conditions in the markets for such
commodities.
(c) Project proposals relating to mining, smelting, refining, and
fabricating of minerals and metal products
More specifically, the following criteria should be considered as
a basis for a vote by the respective United States Executive
Director to each of the international financial institutions
described in subsection (d) of this section against a project
proposal involving the creation of new capacity or the expansion,
improvement, or modification of mining, smelting, refining, and
fabricating of minerals and metal products:
(1) Analysis shows that the risks, returns, and incentives of a
project are such that it could be financed at reasonable terms by
commercial lending services.
(2) Analysis by the United States Bureau of Mines indicates
that surplus capacity in the industry for the primary product of
the defined project would exist over half the period of the
economic life of the project because of projected world demand
and capacity conditions.
(3) United States imports of the commodity constitute less than
50 percent of the domestic production of the primary product in
those cases where the United States is the substantial producer
of such commodities.
(d) International financial institutions
The international financial institutions referred to in
subsections (a) and (b) of this section are the International
Monetary Fund, the International Bank for Reconstruction and
Development, the International Development Association, the
Inter-American Development Bank, the Asian Development Bank, and
the African Development Bank.
-SOURCE-
(Pub. L. 99-88, title I, Sec. 502, Aug. 15, 1985, 99 Stat. 330;
Pub. L. 102-285, Sec. 10(b), May 18, 1992, 106 Stat. 172.)
-CHANGE-
CHANGE OF NAME
"United States Bureau of Mines" substituted for "Bureau of Mines"
in subsec. (c)(2) pursuant to section 10(b) of Pub. L. 102-285, set
out as a note under section 1 of Title 30, Mineral Lands and
Mining.
-MISC1-
COPPER MINING, SMELTING, AND REFINING
Section 501 of Pub. L. 99-88 provided that: "The Secretary of the
Treasury shall instruct the United States Executive Directors of
the International Bank for Reconstruction and Development, the
International Development Association, the International Finance
Corporation, the Inter-American Development Bank, the International
Monetary Fund, the Asian Development Bank, the Inter-American
Investment Corporation, the African Development Bank, and the
African Development Fund to use the voice and vote of the United
States to oppose any assistance by these institutions, using funds
appropriated or made available pursuant to this Act or any other
Act, for the production of any copper commodity for export or for
the financing of the expansion, improvement, or modernization of
copper mining, smelting, and refining capacity."
-End-
-CITE-
22 USC Sec. 262k-1 01/06/03
-EXPCITE-
TITLE 22 - FOREIGN RELATIONS AND INTERCOURSE
CHAPTER 7 - INTERNATIONAL BUREAUS, CONGRESSES, ETC.
-HEAD-
Sec. 262k-1. Transparency of budgets
-STATUTE-
(a) Limitation
Beginning three years after September 30, 1996, the Secretary of
the Treasury shall instruct the United States Executive Director of
each international financial institution to use the voice and vote
of the United States to oppose any loan or other utilization of the
funds of their respective institution, other than to address basic
human needs, for the government of any country which the Secretary
of the Treasury determines -
(1) does not have in place a functioning system for reporting
to civilian authorities audits of receipts and expenditures that
fund activities of the armed forces and security forces;
(2) has not provided to the institution information about the
audit process requested by the institution.
(b) "International financial institution" defined
For purposes of this section, the term "international financial
institution" shall include the institutions identified in section
532(b) of this Act.
-SOURCE-
(Pub. L. 104-208, div. A, title I, Sec. 101(c) [title V, Sec. 576],
Sept. 30, 1996, 110 Stat. 3009-121, 3009-168; Pub. L. 105-118,
title V, Sec. 572, Nov. 26, 1997, 111 Stat. 2430.)
-REFTEXT-
REFERENCES IN TEXT
Section 532(b) of this Act, referred to in subsec. (b), is
section 532(b) of Pub. L. 104-208, div. A, title I, Sec. 101(c)
[title V], Sept. 30, 1996, 110 Stat. 3009-121, 3009-152, which is
not classified to the Code.
-MISC1-
AMENDMENTS
1997 - Subsec. (a)(1). Pub. L. 105-118, Sec. 572(a), amended par.
(1) generally. Prior to amendment, par. (1) read as follows: "does
not have in place a functioning system for a civilian audit of all
receipts and expenditures that fund activities of the armed forces
and security forces;".
Subsec. (a)(2). Pub. L. 105-118, Sec. 572(b), amended par. (2)
generally. Prior to amendment, par. (2) read as follows: "has not
provided a summary of a current audit to the institution."
-End-
-CITE-
22 USC Sec. 262k-2 01/06/03
-EXPCITE-
TITLE 22 - FOREIGN RELATIONS AND INTERCOURSE
CHAPTER 7 - INTERNATIONAL BUREAUS, CONGRESSES, ETC.
-HEAD-
Sec. 262k-2. Female genital mutilation
-STATUTE-
(a) Limitation
Beginning 1 year after September 30, 1996, the Secretary of the
Treasury shall instruct the United States Executive Director of
each international financial institution to use the voice and vote
of the United States to oppose any loan or other utilization of the
funds of their respective institution, other than to address basic
human needs, for the government of any country which the Secretary
of the Treasury determines -
(1) has, as a cultural custom, a known history of the practice
of female genital mutilation; and
(2) has not taken steps to implement educational programs
designed to prevent the practice of female genital mutilation.
(b) "International financial institution" defined
For purposes of this section, the term "international financial
institution" shall include the institutions identified in section
532(b) of this Act.
-SOURCE-
(Pub. L. 104-208, div. A, title I, Sec. 101(c) [title V, Sec. 579],
Sept. 30, 1996, 110 Stat. 3009-121, 3009-170.)
-REFTEXT-
REFERENCES IN TEXT
Section 532(b) of this Act, referred to in subsec. (b), is
section 532(b) of Pub. L. 104-208, div. A, title I, Sec. 101(c)
[title V], Sept. 30, 1996, 110 Stat. 3009-121, 3009-152, which is
not classified to the Code.
-End-
-CITE-
22 USC Sec. 262l 01/06/03
-EXPCITE-
TITLE 22 - FOREIGN RELATIONS AND INTERCOURSE
CHAPTER 7 - INTERNATIONAL BUREAUS, CONGRESSES, ETC.
-HEAD-
Sec. 262g742l. Omitted
-COD-
CODIFICATION
Section, Pub. L. 102-391, title V, Sec. 532, Oct. 6, 1992, 106
Stat. 1666, which related to involvement of Multilateral
Development Banks in promoting environmental and energy initiatives
and required reports to Congress on progress in meeting benchmarks
in sustainable energy development, forest conservation, forced
displacement of populations, and environmental impact assessment,
was from the Foreign Operations, Export Financing, and Related
Programs Appropriations Act, 1993, and was omitted from the Code as
not repeated in subsequent appropriation acts. Similar provisions
were contained in the following prior appropriation acts:
Pub. L. 101-513, title V, Sec. 533, Nov. 5, 1990, 104 Stat. 2013,
as amended by Pub. L. 102-27, title III, Sec. 308, Apr. 10, 1991,
105 Stat. 152.
Pub. L. 101-167, title V, Sec. 533, Nov. 21, 1989, 103 Stat.
1225.
Pub. L. 100-461, title V, Sec. 535, Oct. 1, 1988, 102 Stat.
2268-28.
Pub. L. 100-202, Sec. 101(e) [title V, Sec. 537], Dec. 22, 1987,
101 Stat. 1329-131, 1329-161, as amended by Pub. L. 101-240, title
V, Sec. 541(d)(8), Dec. 19, 1989, 103 Stat. 2518.
Pub. L. 99-500, Sec. 101(f) [title V, Sec. 539], Oct. 18, 1986,
100 Stat. 1783-213, 1783-232, and Pub. L. 99-591, Sec. 101(f)
[title V, Sec. 539], Oct. 30, 1986, 100 Stat. 3341-214, 3341-232.
Pub. L. 99-190, Sec. 101(i) [title V, Sec. 540], Dec. 19, 1985,
99 Stat. 1291, 1309.
-End-
-CITE-
22 USC Sec. 262m 01/06/03
-EXPCITE-
TITLE 22 - FOREIGN RELATIONS AND INTERCOURSE
CHAPTER 7 - INTERNATIONAL BUREAUS, CONGRESSES, ETC.
-HEAD-
Sec. 262m. Congressional findings and policies for multilateral
development banks respecting environment, public health, natural
resources, and indigenous peoples
-STATUTE-
The Congress finds that -
(1) United States assistance to the multilateral development
banks should promote sustainable use of natural resources and the
protection of the environment, public health, and the status of
indigenous peoples in developing countries;
(2) multilateral development bank projects, policies, and loans
have failed in some cases to provide adequate safeguards for the
environment, public health, natural resources, and indigenous
peoples;
(3) many development efforts of the multilateral development
banks are more enduring and less costly if based on consultations
with directly affected population groups and communities;
(4) developing country governments sometimes do not ensure that
appropriate policies and procedures are in place to use natural
resources sustainably or consult with affected population groups
and communities, where costs could be reduced or benefits made
more enduring; and
(5) in general, the multilateral development banks do not yet
provide systematic and adequate assistance to their borrowers to
encourage sustainable resource use and consultation with affected
communities, where costs could be reduced or benefits made more
enduring.
-SOURCE-
(Pub. L. 95-118, title XIII, Sec. 1301, as added Pub. L. 100-202,
Sec. 101(e) [title I], Dec. 22, 1987, 101 Stat. 1329-131,
1329-134.)
-COD-
CODIFICATION
Section 1301 of Pub. L. 95-118 is based on section 701 of title
VII of H.R. 3750, One Hundredth Congress, as introduced Dec. 11,
1987, and enacted into law by Pub. L. 100-202.
-End-
-CITE-
22 USC Sec. 262m-1 01/06/03
-EXPCITE-
TITLE 22 - FOREIGN RELATIONS AND INTERCOURSE
CHAPTER 7 - INTERNATIONAL BUREAUS, CONGRESSES, ETC.
-HEAD-
Sec. 262m-1. Environmental performance of banks; mechanisms for
improvement
-STATUTE-
The Secretary of the Treasury and the Secretary of State, in
cooperation with the Administrator of the Agency for International
Development, shall vigorously promote mechanisms to strengthen the
environmental performance of these banks. These mechanisms shall
include strengthening organizational, administrative, and
procedural arrangements within the banks which will substantially
improve management of assistance programs necessary to ensure the
sustainable use of natural resources and the protection of
indigenous peoples.
-SOURCE-
(Pub. L. 95-118, title XIII, Sec. 1302, as added Pub. L. 100-202,
Sec. 101(e) [title I], Dec. 22, 1987, 101 Stat. 1329-131,
1329-134.)
-COD-
CODIFICATION
Section 1302 of Pub. L. 95-118 is based on section 701 of title
VII of H.R. 3750, One Hundredth Congress, as introduced Dec. 11,
1987, and enacted into law by Pub. L. 100-202.
-CROSS-
DEFINITIONS
The definition in section 262p of this title applies to this
section.
-SECREF-
SECTION REFERRED TO IN OTHER SECTIONS
This section is referred to in section 262p of this title.
-End-
-CITE-
22 USC Sec. 262m-2 01/06/03
-EXPCITE-
TITLE 22 - FOREIGN RELATIONS AND INTERCOURSE
CHAPTER 7 - INTERNATIONAL BUREAUS, CONGRESSES, ETC.
-HEAD-
Sec. 262m-2. Environmental impact of assistance proposals
-STATUTE-
(a) Analysis by agencies, United States embassies and overseas
missions of Agency for International Development; factors
considered; affirmative investigation of adverse impacts;
availability of information to public
(1) In the course of reviewing assistance proposals of the
multilateral development banks, the Administrator of the Agency for
International Development, in consultation with the Secretary of
the Treasury and the Secretary of State, shall ensure that other
agencies and appropriate United States embassies and overseas
missions of the Agency for International Development are instructed
to analyze, where feasible, the environmental impacts of
multilateral development loans well in advance of such loans'
approval by the relevant institutions to determine whether the
proposals will contribute to the sustainable development of the
borrowing country.
(2) To the extent possible, such reviews shall address the
economic viability of the project, adverse impacts on the
environment, natural resources, public health, and indigenous
peoples, and recommendations as to measures, including
alternatives, that could eliminate or mitigate adverse impacts.
(3) If there is reason to believe that any such loan is
particularly likely to have substantial adverse impacts, the
Administrator of the Agency for International Development, in
consultation with the Secretary of the Treasury and the Secretary
of State, shall ensure that an affirmative investigation of such
impacts is undertaken in consultation with relevant Federal
agencies. If not classified under the national security system of
classification, the information collected pursuant to this
paragraph shall be made available to the public.
(b) Evaluation by major shareholder governments prior to bank
action on assistance proposals
The Secretary of the Treasury shall instruct the Executive
Directors representing the United States at the International Bank
for Reconstruction and Development, the Inter-American Development
Bank, the Asian Development Bank, and the African Development Bank
to urge the management and other directors of each such bank, to
provide sufficient time between the circulation of assistance
proposals and bank action on those proposals, in order to permit
their evaluation by major shareholder governments.
(c) Identification of proposals likely to have adverse impact;
transmittal to Congress
Based on the information obtained during the evaluation referred
to in subsection (a) of this section and other available
information, the Administrator of the Agency for International
Development, in consultation with the Secretary of the Treasury and
the Secretary of State, shall identify those assistance proposals
likely to have adverse impacts on the environment, natural
resources, public health, or indigenous peoples. The proposals so
identified shall be transmitted to the Committee on Appropriations
and the Committee on Banking, Finance and Urban Affairs of the
House of Representatives and the Committee on Appropriations and
the Committee on Foreign Relations of the Senate, not later than
June 30 and December 31 of each year following December 22, 1987.
(d) Reports to Executive Directors; elimination or mitigation of
adverse impacts
The Secretary of the Treasury shall forward reports concerning
information received under subsection (a) of this section to the
Executive Director representing the United States in the
appropriate bank with instructions to seek to eliminate or mitigate
adverse impacts which may result from the proposal.
-SOURCE-
(Pub. L. 95-118, title XIII, Sec. 1303, as added Pub. L. 100-202,
Sec. 101(e) [title I], Dec. 22, 1987, 101 Stat. 1329-131,
1329-134.)
-COD-
CODIFICATION
Section 1303 of Pub. L. 95-118 is based on section 701 of title
VII of H.R. 3750, One Hundredth Congress, as introduced Dec. 11,
1987, and enacted into law by Pub. L. 100-202.
-CHANGE-
CHANGE OF NAME
Committee on Banking, Finance and Urban Affairs of House of
Representatives treated as referring to Committee on Banking and
Financial Services of House of Representatives by section 1(a) of
Pub. L. 104-14, set out as a note preceding section 21 of Title 2,
The Congress. Committee on Banking and Financial Services of House
of Representatives abolished and replaced by Committee on Financial
Services of House of Representatives, and jurisdiction over matters
relating to securities and exchanges and insurance generally
transferred from Committee on Energy and Commerce of House of
Representatives by House Resolution No. 5, One Hundred Seventh
Congress, Jan. 3, 2001.
-SECREF-
SECTION REFERRED TO IN OTHER SECTIONS
This section is referred to in sections 262m-7, 262r-2 of this
title.
-End-
-CITE-
22 USC Sec. 262m-3 01/06/03
-EXPCITE-
TITLE 22 - FOREIGN RELATIONS AND INTERCOURSE
CHAPTER 7 - INTERNATIONAL BUREAUS, CONGRESSES, ETC.
-HEAD-
Sec. 262m-3. Cooperative information exchange system
-STATUTE-
The Secretary of the Treasury, in consultation with the Secretary
of State and the Administrator of the Agency for International
Development, shall create a system for cooperative exchange of
information with other interested member countries on assistance
proposals of the multilateral development banks.
-SOURCE-
(Pub. L. 95-118, title XIII, Sec. 1304, as added Pub. L. 100-202,
Sec. 101(e) [title I], Dec. 22, 1987, 101 Stat. 1329-131,
1329-134.)
-COD-
CODIFICATION
Section 1304 of Pub. L. 95-118 is based on section 701 of title
VII of H.R. 3750, One Hundredth Congress, as introduced Dec. 11,
1987, and enacted into law by Pub. L. 100-202.
-End-
-CITE-
22 USC Sec. 262m-4 01/06/03
-EXPCITE-
TITLE 22 - FOREIGN RELATIONS AND INTERCOURSE
CHAPTER 7 - INTERNATIONAL BUREAUS, CONGRESSES, ETC.
-HEAD-
Sec. 262m-4. Environmental educational and training programs for
mid-level bank managers and officials of borrowing countries
-STATUTE-
The Secretary of the Treasury shall instruct the United States
Executive Directors of the multilateral development banks to
support the strengthening of educational programs within each
multilateral development bank to improve the capacity of mid-level
managers to initiate and manage environmental aspects of
development activities, and to train officials of borrowing
countries in the conduct of environmental analyses.
-SOURCE-
(Pub. L. 95-118, title XIII, Sec. 1305, as added Pub. L. 100-202,
Sec. 101(e) [title I], Dec. 22, 1987, 101 Stat. 1329-131,
1329-134.)
-COD-
CODIFICATION
Section 1305 of Pub. L. 95-118 is based on section 701 of title
VII of H.R. 3750, One Hundredth Congress, as introduced Dec. 11,
1987, and enacted into law by Pub. L. 100-202.
-End-
-CITE-
22 USC Sec. 262m-5 01/06/03
-EXPCITE-
TITLE 22 - FOREIGN RELATIONS AND INTERCOURSE
CHAPTER 7 - INTERNATIONAL BUREAUS, CONGRESSES, ETC.
-HEAD-
Sec. 262m-5. Environmental impact statements; factors considered;
promotion of activities by United States Executive Directors
-STATUTE-
(a) The Secretary of the Treasury shall instruct the United
States Executive Director of each multilateral development bank to
vigorously and continuously urge that each bank identify and
develop methods and procedures to insure that in addition to
economic and technical considerations, unquantified environmental
values be given appropriate consideration in decisionmaking, and
include in the documents circulated to the Board of Executive
Directors concerning each assistance proposal a detailed statement,
to include assessment of the benefits and costs of environmental
impacts and possible mitigating measures, on the environmental
impact of the proposed action, any adverse environmental effects
which cannot be avoided if the proposal is implemented, and
alternatives to the proposed action.
(b) The Secretary of the Treasury shall instruct the United
States Executive Director of each multilateral development bank to
vigorously and continuously promote -
(1) increases in the proportion of loans supporting
environmentally beneficial policies, projects, and project
components;
(2) the establishment of environmental programs in appropriate
policy-based loans for the purpose of improving natural resource
management, environmental quality, and protection of biological
diversity;
(3) increases in the proportion of staff with professional
training and experience in ecology and related areas and in the
areas of anthropological and sociological impact analysis to
ensure systematic appraisal and monitoring of environmental and
sociocultural impacts of projects and policies;
(4) active and systematic encouragement of participation by
borrowing countries nongovernmental environmental, community and
indigenous peoples' organizations at all stages of preparations
for country lending strategies, policy based loans, and loans
that may have adverse environmental or sociocultural impacts; and
(5) full availability to concerned or affected nongovernmental
and community organization, early in the preparation phase and at
all subsequent stages of planning of full documentary information
concerning details of design and potential environmental and
sociocultural impacts of proposed loans.
-SOURCE-
(Pub. L. 95-118, title XIII, Sec. 1306, as added Pub. L. 100-202,
Sec. 101(e) [title I], Dec. 22, 1987, 101 Stat. 1329-131,
1329-134.)
-COD-
CODIFICATION
Section 1306 of Pub. L. 95-118 is based on section 701 of title
VII of H.R. 3750, One Hundredth Congress, as introduced Dec. 11,
1987, and enacted into law by Pub. L. 100-202.
-End-
-CITE-
22 USC Sec. 262m-6 01/06/03
-EXPCITE-
TITLE 22 - FOREIGN RELATIONS AND INTERCOURSE
CHAPTER 7 - INTERNATIONAL BUREAUS, CONGRESSES, ETC.
-HEAD-
Sec. 262m-6. Repealed. Pub. L. 101-240, title V, Sec. 541(d)(4),
Dec. 19, 1989, 103 Stat. 2518
-MISC1-
Section, Pub. L. 95-118, title XIII, Sec. 1307, as added Pub. L.
100-202, Sec. 101(e) [title I], Dec. 22, 1987, 101 Stat. 1329-131,
1329-134, required annual reports to Congress on environmental
policies.
-End-
-CITE-
22 USC Sec. 262m-7 01/06/03
-EXPCITE-
TITLE 22 - FOREIGN RELATIONS AND INTERCOURSE
CHAPTER 7 - INTERNATIONAL BUREAUS, CONGRESSES, ETC.
-HEAD-
Sec. 262m-7. Assessment of environmental impact of proposed
multilateral development bank actions
-STATUTE-
(a) Assessment required before favorable vote on action
(1) In general
Beginning 2 years after December 19, 1989, the Secretary of the
Treasury shall instruct the United States Executive Director of
each multilateral development bank not to vote in favor of any
action proposed to be taken by the respective bank which would
have a significant effect on the human environment, unless for at
least 120 days before the date of the vote -
(A) an assessment analyzing the environmental impacts of the
proposed action and of alternatives to the proposed action has
been completed by the borrower or the institution, and been
made available to the board of directors of the institution;
and
(B) except as provided in paragraph (2), such assessment or a
comprehensive summary of such assessment has been made
available to the multilateral development bank, affected
groups, and local nongovernmental organizations.
(2) Exceptions and reports
(A) Exceptions
The requirement of paragraph (1)(B) shall not apply where the
Secretary finds compelling reasons to believe that disclosure
in any case described in paragraph (1) would jeopardize the
confidential relationship between the borrower and the
respective bank.
(B) Reports by Secretary
The Secretary shall submit a quarterly report in writing to
the Committees specified in subsection (f)(1) of this section
of the findings described in subparagraph (A).
(b) Access to assessments in all member countries
The Secretary of the Treasury shall seek the adoption of policies
and procedures, through discussions and negotiations with the other
member countries of the multilateral development banks and with the
management of such banks, which result in access by governmental
agencies and interested members of the public of such member
countries, to environmental assessments or documentary information
containing comprehensive summaries of such assessments which
discuss the environmental impact of prospective projects and
programs being considered by such banks. Such assessments or
summaries should be made available to such governmental agencies
and interested members of the public at least 120 days before
scheduled board action, and public participation in review of the
relevant environmental information should be encouraged.
(c) Consideration of assessment
The Secretary of the Treasury shall -
(1) ensure that an environmental impact assessment or
comprehensive summary of such assessment described in subsection
(a) of this section accompanies loan proposals through the agency
review process; and
(2) take into consideration recommendations from all other
interested Federal agencies and interested members of the public.
(d) Development of procedures for systematic environmental
assessment
The Secretary of the Treasury, in consultation with other Federal
agencies, including the Environmental Protection Agency, the
Department of State, and the Council on Environmental Quality,
shall -
(1) instruct the United States Executive Director of each
multilateral development bank to initiate discussions with the
other executive directors of the respective bank and to propose
that the respective bank develop and make available to member
governments of, and borrowers from, the respective bank, within
18 months after December 19, 1989, a procedure for the systematic
environmental assessment of development projects for which the
respective bank provides financial assistance, taking into
consideration the Guidelines and Principles for Environmental
Impact Assessment promulgated by the United Nations Environmental
Programme and other bilateral or multilateral assessment
procedures; and
(2) in determining the position of the United States on any
action proposed to be taken by a multilateral development bank,
develop and prescribe procedures for the consideration of, among
other things -
(A) the environmental impact assessment of the action
described in subsection (a) of this section;
(B) interagency and public review of such assessment; and
(C) other environmental review and consultation of such
action that is required by other law.
(e) Use of United States personnel
The Secretary of the Treasury, in consultation with the Secretary
of State, the Secretary of the Interior, the Administrator of the
Environmental Protection Agency, the Chairman of the Council on
Environmental Quality, the Administrator of the Agency for
International Development, and the Administrator of the National
Oceanic and Atmospheric Administration, shall -
(1) make available to the multilateral development banks,
without charge, appropriate United States Government personnel to
assist in -
(A) training bank staff in environmental impact assessment
procedures;
(B) providing advice on environmental issues;
(C) preparing environmental studies for projects with
potentially significant environmental impacts; and
(D) preparing documents for public release, and developing
procedures to provide for the inclusion of interested
nongovernmental organizations in the environmental review
process; and
(2) encourage other member countries of such banks to provide
similar assistance.
(f) Reports
(1) In general
The Secretary of the Treasury shall submit to the Committees on
Foreign Relations and Environment and Public Works of the Senate
and the Committee on Banking, Finance and Urban Affairs of the
House of Representatives -
(A) not later than the end of the 1-year period beginning on
December 19, 1989, a progress report on the efficacy of efforts
by the United States to encourage consistent and timely
environmental impact assessment of actions proposed to be taken
by the multilateral development banks and on the progress made
by the multilateral development banks in developing and
instituting environmental assessment policies and procedures;
and
(B) not later than January 1, 1993, a detailed report on the
matters described in subparagraph (A).
(2) Availability of reports
The reports required by paragraph (1) shall be made available
to the member governments of, and the borrowers from, the
multilateral development banks, and to the public.
(g) "Multilateral development bank" defined
For purposes of this section, the term "multilateral development
bank" means any of the institutions named in section 262m-2(b) of
this title, and the International Finance Corporation.
-SOURCE-
(Pub. L. 95-118, title XIII, Sec. 1307, formerly Sec. 1308, as
added and renumbered Sec. 1307, Pub. L. 101-240, title V, Secs.
521, 541(f)(4), Dec. 19, 1989, 103 Stat. 2511, 2519; amended Pub.
L. 105-118, title V, Sec. 560(b), Nov. 26, 1997, 111 Stat. 2426.)
-MISC1-
AMENDMENTS
1997 - Subsec. (a)(1)(A). Pub. L. 105-118, Sec. 560(b)(1),
substituted "borrower" for "borrowing country".
Subsec. (a)(2)(A). Pub. L. 105-118, Sec. 560(b)(2), struck out
"country" after "borrower".
Subsec. (g). Pub. L. 105-118, Sec. 560(b)(3), added subsec. (g).
-CHANGE-
CHANGE OF NAME
Committee on Banking, Finance and Urban Affairs of House of
Representatives treated as referring to Committee on Banking and
Financial Services of House of Representatives by section 1(a) of
Pub. L. 104-14, set out as a note preceding section 21 of Title 2,
The Congress. Committee on Banking and Financial Services of House
of Representatives abolished and replaced by Committee on Financial
Services of House of Representatives, and jurisdiction over matters
relating to securities and exchanges and insurance generally
transferred from Committee on Energy and Commerce of House of
Representatives by House Resolution No. 5, One Hundred Seventh
Congress, Jan. 3, 2001.
-End-
-CITE-
22 USC Sec. 262n 01/06/03
-EXPCITE-
TITLE 22 - FOREIGN RELATIONS AND INTERCOURSE
CHAPTER 7 - INTERNATIONAL BUREAUS, CONGRESSES, ETC.
-HEAD-
Sec. 262n. Congressional findings and policies respecting
agricultural and commodity production
-STATUTE-
The Congress hereby finds the following:
(1) The financing of certain programs and projects by
multilateral development banks has been of great concern insofar
as the programs and projects have been detrimental to the
interests of American farmers and the agribusiness sector.
(2) An increase in rural income in developing countries will
generally result in an increase in exports of United States
agricultural and food products.
-SOURCE-
(Pub. L. 95-118, title XIV, Sec. 1401, as added Pub. L. 100-202,
Sec. 101(e) [title I], Dec. 22, 1987, 101 Stat. 1329-131,
1329-134.)
-COD-
CODIFICATION
Section 1401 of Pub. L. 95-118 is based on section 701 of title
VII of H.R. 3750, One Hundredth Congress, as introduced Dec. 11,
1987, and enacted into law by Pub. L. 100-202.
-CROSS-
DEFINITIONS
The definitions in section 262p-5 of this title apply to this
section.
-End-
-CITE-
22 USC Sec. 262n-1 01/06/03
-EXPCITE-
TITLE 22 - FOREIGN RELATIONS AND INTERCOURSE
CHAPTER 7 - INTERNATIONAL BUREAUS, CONGRESSES, ETC.
-HEAD-
Sec. 262n-1. Increase in income and employment in developing
countries; enhancement of purchasing power; diversification away
from single crop or product economies
-STATUTE-
The Secretary of the Treasury, after consultations with the
Secretary of Agriculture and the Secretary of the Interior (to the
extent appropriate) on markets and prices for commodities, shall
periodically instruct the United States Executive Director of each
multilateral development bank to work with other executive
directors of the respective bank to continue to -
(1) support activities which result in broad increases in
income and employment and enhance purchasing power in developing
countries, particularly among the rural poor; and
(2) encourage diversification away from single crop or product
economies in developing countries to help reduce wide
fluctuations in commodity prices and the adverse impact of abrupt
changes in the terms of trade.
-SOURCE-
(Pub. L. 95-118, title XIV, Sec. 1402, as added Pub. L. 100-202,
Sec. 101(e) [title I], Dec. 22, 1987, 101 Stat. 1329-131,
1329-134.)
-COD-
CODIFICATION
Section 1402 of Pub. L. 95-118 is based on section 701 of title
VII of H.R. 3750, One Hundredth Congress, as introduced Dec. 11,
1987, and enacted into law by Pub. L. 100-202.
-CROSS-
DEFINITIONS
The definitions in section 262p-5 of this title apply to this
section.
-End-
-CITE-
22 USC Sec. 262n-2 01/06/03
-EXPCITE-
TITLE 22 - FOREIGN RELATIONS AND INTERCOURSE
CHAPTER 7 - INTERNATIONAL BUREAUS, CONGRESSES, ETC.
-HEAD-
Sec. 262n-2. Financing projects for production of export
commodities, products, or minerals in surplus in world markets
discouraged; instructions by Secretary of the Treasury to United
States Executive Directors
-STATUTE-
(a) The Secretary of the Treasury shall take all appropriate
steps to discourage multilateral development banks from financing
projects which will result in the production of commodities,
products, or minerals for export that will be in surplus in world
markets at the time such production begins.
(b) The Secretary of the Treasury shall instruct the United
States Executive Directors of the multilateral development banks to
use the voice and vote of the United States in the respective banks
-
(1) to oppose financing by the respective bank of projects
which produce, or will produce, commodities, products, or
minerals for export if -
(A) the commodity, product, or mineral is subsidized in a
manner which is inconsistent with Article XVI.3 of the GATT
1994 as defined in section 3501(1)(B) of title 19, or Article
3.1(a) of the Agreement on Subsidies and Countervailing
Measures referred to in section 3511(d)(12) of title 19; and
(B) support from financial sources other than multilateral
development banks does not accompany such financing; and
(2) to oppose financing by the respective bank for production
of a commodity, product, or mineral for export which -
(A) is likely to be in surplus on world markets at the time
such production begins; and
(B) when exported, is likely to cause injury to United States
producers within the meaning of Article 15 of the Agreement on
Subsidies and Countervailing Measures referred to in
subparagraph (A).
-SOURCE-
(Pub. L. 95-118, title XIV, Sec. 1403, as added Pub. L. 100-202,
Sec. 101(e) [title I], Dec. 22, 1987, 101 Stat. 1329-131, 1329-134;
amended Pub. L. 106-36, title I, Sec. 1002(b), June 25, 1999, 113
Stat. 133.)
-COD-
CODIFICATION
Section 1403 of Pub. L. 95-118 is based on section 701 of title
VII of H.R. 3750, One Hundredth Congress, as introduced Dec. 11,
1987, and enacted into law by Pub. L. 100-202.
-MISC1-
AMENDMENTS
1999 - Subsec. (b)(1)(A). Pub. L. 106-36, Sec. 1002(b)(1),
substituted "GATT 1994 as defined in section 3501(1)(B) of title
19, or Article 3.1(a) of the Agreement on Subsidies and
Countervailing Measures referred to in section 3511(d)(12) of title
19" for "General Agreement on Tariffs and Trade or Article 10 of
the Agreement on Interpretation and Application of Articles VI,
XVI, and XXIII of the General Agreement on Tariffs and Trade".
Subsec. (b)(2)(B). Pub. L. 106-36, Sec. 1002(b)(2), substituted
"Article 15 of the Agreement on Subsidies and Countervailing
Measures referred to in subparagraph (A)" for "Article 6 of the
Agreement on Interpretation and Application of Articles VI, XVI,
and XXIII of the General Agreement on Tariffs and Trade".
-CROSS-
DEFINITIONS
The definitions in section 262p-5 of this title apply to this
section.
-End-
-CITE-
22 USC Sec. 262n-3 01/06/03
-EXPCITE-
TITLE 22 - FOREIGN RELATIONS AND INTERCOURSE
CHAPTER 7 - INTERNATIONAL BUREAUS, CONGRESSES, ETC.
-HEAD-
Sec. 262n-3. Reduction of barriers to agricultural trade
-STATUTE-
The Secretary of the Treasury shall instruct the United States
Executive Director at the International Monetary Fund to use
aggressively the voice and vote of the United States to vigorously
promote policies to encourage the opening of markets for
agricultural commodities and products by requiring recipient
countries to make efforts to reduce trade barriers.
-SOURCE-
(Pub. L. 95-118, title XIV, Sec. 1404, as added Pub. L. 105-277,
div. A, Sec. 101(d) [title VI, Sec. 611], Oct. 21, 1998, 112 Stat.
2681-150, 2681-228.)
-CROSS-
DEFINITIONS
The definitions in section 262p-5 of this title apply to this
section.
-End-
-CITE-
22 USC Sec. 262o 01/06/03
-EXPCITE-
TITLE 22 - FOREIGN RELATIONS AND INTERCOURSE
CHAPTER 7 - INTERNATIONAL BUREAUS, CONGRESSES, ETC.
-HEAD-
Sec. 262g742o. Negotiations concerning replenishment or increase in
capital; annual reports on implementation of lending policy goals
-STATUTE-
(a) In any negotiations concerning replenishment or an increase
in capital for any multilateral development bank, the Secretary of
the Treasury shall propose, as a principal point for negotiations,
the following institutional reforms:
(1) The establishment of a unified program within each
multilateral development bank to assess the extent to which bank
lending benefits the least advantaged members of society,
particularly women and the poor, and to increase the extent to
which such members benefit from future bank lending.
(2) The establishment of an office or other administrative
procedures within each multilateral development bank to -
(A) provide in-country liaison services for nongovernmental
organizations operating at the community level;
(B) monitor the impact of project and nonproject lending on
local populations; and
(C) ensure compliance with loan conditionalities, especially
loan conditionalities relating to the protection of the quality
of life of the poor and the rights of aboriginal minorities.
(3) A major increase in the number of members of the
professional staff of each regional multilateral development bank
with training in environmental or social impact analysis or
natural science, including -
(A) recruitment of additional permanent professional staff;
and
(B) training programs for existing staff members in these
subject areas.
(4) With respect to the International Bank for Reconstruction
and Development, the establishment of a program for policy-based
lending to promote the sustainable use of renewable resources and
the protection of the environment in borrowing countries.
(5) An increase in the length of any review period established
by any multilateral development bank for board review of staff
recommendations by such time as would be sufficient to allow the
governments of member countries to review and comment on the
staff recommendations before any action is taken by the board of
directors of such bank on the recommendations.
(b) The Secretary of the Treasury shall instruct the United
States Executive Director of each multilateral development bank to
request the management of such bank to prepare an annual report
which identifies and describes the most exemplary lending practices
or loan components implemented during the preceding year with
respect to each of the following lending policy goals for each
major borrowing country or country group:
(1) Benefit to the poor.
(2) Involvement of nongovernmental organizations and local and
indigenous populations in loan design, implementation, planning,
and monitoring.
(3) Integration of, consideration of, and concern for
environmental quality and the sustainable use of natural
resources into loan design, implementation, planning, and
monitoring.
(4) Recognition of and support for the economic and social
development of women.
-SOURCE-
(Pub. L. 95-118, title XV, Sec. 1501, as added Pub. L. 100-202,
Sec. 101(e) [title I], Dec. 22, 1987, 101 Stat. 1329-131,
1329-134.)
-COD-
CODIFICATION
Section 1501 of Pub. L. 95-118 is based on section 701 of title
VII of H.R. 3750, One Hundredth Congress, as introduced Dec. 11,
1987, and enacted into law by Pub. L. 100-202.
-CROSS-
DEFINITIONS
The definitions in section 262p-5 of this title apply to this
section.
-End-
-CITE-
22 USC Sec. 262o-1 01/06/03
-EXPCITE-
TITLE 22 - FOREIGN RELATIONS AND INTERCOURSE
CHAPTER 7 - INTERNATIONAL BUREAUS, CONGRESSES, ETC.
-HEAD-
Sec. 262g742o-1. Military spending by recipient countries; military
involvement in economies of recipient countries
-STATUTE-
(a) Consideration of commitment to achieving certain goals
(1) (!1) In general
The Secretary of the Treasury shall instruct the United States
Executive Directors of the international financial institutions
(as defined in section 262r(c)(2) of this title) to promote
growth in the international economy by taking into account, when
considering whether to support or oppose loan proposals at these
institutions, the extent to which the recipient government has
demonstrated a commitment to achieving the following goals:
(A) to provide accurate and complete data on the annual
expenditures and receipts of the armed forces;
(B) to establish good and publicly accountable governance,
including an end to excessive military involvement in the
economy; and
(C) to make substantial reductions in excessive military
spending and forces.
(b) Steps to achieve goals required
The Secretary of the Treasury shall instruct the United States
Executive Directors of the international financial institutions (as
so defined) to promote a policy at each institution under which -
(1) the respective institution monitors closely and, through
regular policy consultations with recipient governments, seeks to
influence the composition of public expenditure in favor of
funding growth and development priorities and away from
unproductive expenditure, including excessive military
expenditures;
(2) the respective institution supports lending operations
which assist efforts of recipient governments to promote good
governance, including public participation, and reduce military
expenditures; and
(3) the allocation of resources and the extension of credit by
the respective institution takes into account the performance of
recipient governments in the areas of good governance, ending
excessive military involvement in the economy and reducing
excessive military expenditures.
-SOURCE-
(Pub. L. 95-118, title XV, Sec. 1502, as added Pub. L. 103-306,
title V, Sec. 526(d), Aug. 23, 1994, 108 Stat. 1633.)
-CROSS-
DEFINITIONS
The definitions in section 262p-5 of this title apply to this
section.
-FOOTNOTE-
(!1) So in original. No par. (2) has been enacted.
-End-
-CITE-
22 USC Sec. 262o-2 01/06/03
-EXPCITE-
TITLE 22 - FOREIGN RELATIONS AND INTERCOURSE
CHAPTER 7 - INTERNATIONAL BUREAUS, CONGRESSES, ETC.
-HEAD-
Sec. 262g742o-2. Advocacy of policies to enhance general
effectiveness of International Monetary Fund
-STATUTE-
(a) In general
The Secretary of the Treasury shall instruct the United States
Executive Director of the International Monetary Fund to use
aggressively the voice and vote of the Executive Director to do the
following:
(1) Vigorously promote policies to increase the effectiveness
of the International Monetary Fund in structuring programs and
assistance so as to promote policies and actions that will
contribute to exchange rate stability and avoid competitive
devaluations that will further destabilize the international
financial and trading systems.
(2) Vigorously promote policies to increase the effectiveness
of the International Monetary Fund in promoting market-oriented
reform, trade liberalization, economic growth, democratic
governance, and social stability through -
(A) establishing an independent monetary authority, with full
power to conduct monetary policy, that provides for a
non-inflationary domestic currency that is fully convertible in
foreign exchange markets;
(B) opening domestic markets to fair and open internal
competition among domestic enterprises by eliminating
inappropriate favoritism for small or large businesses,
eliminating elite monopolies, creating and effectively
implementing anti-trust and anti-monopoly laws to protect free
competition, and establishing fair and accessible legal
procedures for dispute settlement among domestic enterprises;
(C) privatizing industry in a fair and equitable manner that
provides economic opportunities to a broad spectrum of the
population, eliminating government and elite monopolies,
closing loss-making enterprises, and reducing government
control over the factors of production;
(D) economic deregulation by eliminating inefficient and
overly burdensome regulations and strengthening the legal
framework supporting private contract and intellectual property
rights;
(E) establishing or strengthening key elements of a social
safety net to cushion the effects on workers of unemployment
and dislocation; and
(F) encouraging the opening of markets for agricultural
commodities and products by requiring recipient countries to
make efforts to reduce trade barriers.
(3) Vigorously promote policies to increase the effectiveness
of the International Monetary Fund, in concert with appropriate
international authorities and other international financial
institutions (as defined in section 262r(c)(2) of this title), in
strengthening financial systems in developing countries, and
encouraging the adoption of sound banking principles and
practices, including the development of laws and regulations that
will help to ensure that domestic financial institutions meet
strong standards regarding capital reserves, regulatory
oversight, and transparency.
(4) Vigorously promote policies to increase the effectiveness
of the International Monetary Fund, in concert with appropriate
international authorities and other international financial
institutions (as defined in section 262r(c)(2) of this title), in
facilitating the development and implementation of
internationally acceptable domestic bankruptcy laws and
regulations in developing countries, including the provision of
technical assistance as appropriate.
(5) Vigorously promote policies that aim at appropriate
burden-sharing by the private sector so that investors and
creditors bear more fully the consequences of their decisions,
and accordingly advocate policies which include -
(A) strengthening crisis prevention and early warning signals
through improved and more effective surveillance of the
national economic policies and financial market development of
countries (including monitoring of the structure and volume of
capital flows to identify problematic imbalances in the inflow
of short and medium term investment capital, potentially
destabilizing inflows of offshore lending and foreign
investment, or problems with the maturity profiles of capital
to provide warnings of imminent economic instability), and
fuller disclosure of such information to market participants;
(B) accelerating work on strengthening financial systems in
emerging market economies so as to reduce the risk of financial
crises;
(C) consideration of provisions in debt contracts that would
foster dialogue and consultation between a sovereign debtor and
its private creditors, and among those creditors;
(D) consideration of extending the scope of the International
Monetary Fund's policy on lending to members in arrears and of
other policies so as to foster the dialogue and consultation
referred to in subparagraph (C);
(E) intensified consideration of mechanisms to facilitate
orderly workout mechanisms for countries experiencing debt or
liquidity crises;
(F) consideration of establishing ad hoc or formal linkages
between the provision of official financing to countries
experiencing a financial crisis and the willingness of market
participants to meaningfully participate in any stabilization
effort led by the International Monetary Fund;
(G) using the International Monetary Fund to facilitate
discussions between debtors and private creditors to help
ensure that financial difficulties are resolved without
inappropriate resort to public resources; and
(H) the International Monetary Fund accompanying the
provision of funding to countries experiencing a financial
crisis resulting from imprudent borrowing with efforts to
achieve a significant contribution by the private creditors,
investors, and banks which had extended such credits.
(6) Vigorously promote policies that would make the
International Monetary Fund a more effective mechanism, in
concert with appropriate international authorities and other
international financial institutions (as defined in section
262r(c)(2) of this title), for promoting good governance
principles within recipient countries by fostering structural
reforms, including procurement reform, that reduce opportunities
for corruption and bribery, and drug-related money laundering.
(7) Vigorously promote the design of International Monetary
Fund programs and assistance so that governments that draw on the
International Monetary Fund channel public funds away from
unproductive purposes, including large "show case" projects and
excessive military spending, and toward investment in human and
physical capital as well as social programs to protect the
neediest and promote social equity.
(8) Work with the International Monetary Fund to foster
economic prescriptions that are appropriate to the individual
economic circumstances of each recipient country, recognizing
that inappropriate stabilization programs may only serve to
further destabilize the economy and create unnecessary economic,
social, and political dislocation.
(9) Structure International Monetary Fund programs and
assistance so that the maintenance and improvement of core labor
standards are routinely incorporated as an integral goal in the
policy dialogue with recipient countries, so that -
(A) recipient governments commit to affording workers the
right to exercise internationally recognized core worker
rights, including the right of free association and collective
bargaining through unions of their own choosing;
(B) measures designed to facilitate labor market flexibility
are consistent with such core worker rights; and
(C) the staff of the International Monetary Fund surveys the
labor market policies and practices of recipient countries and
recommends policy initiatives that will help to ensure the
maintenance or improvement of core labor standards.
(10) Vigorously promote International Monetary Fund programs
and assistance that are structured to the maximum extent feasible
to discourage practices which may promote ethnic or social strife
in a recipient country.
(11) Vigorously promote recognition by the International
Monetary Fund that macroeconomic developments and policies can
affect and be affected by environmental conditions and policies,
and urge the International Monetary Fund to encourage member
countries to pursue macroeconomic stability while promoting
environmental protection.
(12) Facilitate greater International Monetary Fund
transparency, including by enhancing accessibility of the
International Monetary Fund and its staff, fostering a more open
release policy toward working papers, past evaluations, and other
International Monetary Fund documents, seeking to publish all
Letters of Intent to the International Monetary Fund and Policy
Framework Papers, and establishing a more open release policy
regarding Article IV consultations.
(13) Facilitate greater International Monetary Fund
accountability and enhance International Monetary Fund
self-evaluation by vigorously promoting review of the
effectiveness of the Office of Internal Audit and Inspection and
the Executive Board's external evaluation pilot program and, if
necessary, the establishment of an operations evaluation
department modeled on the experience of the International Bank
for Reconstruction and Development, guided by such key principles
as usefulness, credibility, transparency, and independence.
(14) Vigorously promote coordination with the International
Bank for Reconstruction and Development and other international
financial institutions (as defined in section 262r(c)(2) of this
title) in promoting structural reforms which facilitate the
provision of credit to small businesses, including
microenterprise lending, especially in the world's poorest,
heavily indebted countries.
(b) Coordination with other executive departments
To the extent that it would assist in achieving the goals
described in subsection (a) of this section, the Secretary of the
Treasury shall pursue the goals in coordination with the Secretary
of State, the Secretary of Labor, the Secretary of Commerce, the
Administrator of the Environmental Protection Agency, the
Administrator of the Agency for International Development, and the
United States Trade Representative.
-SOURCE-
(Pub. L. 95-118, title XV, Sec. 1503, as added Pub. L. 105-277,
div. A, Sec. 101(d) [title VI, Sec. 610(a)], Oct. 21, 1998, 112
Stat. 2681-150, 2681-224.)
-MISC1-
ADDITIONAL PROVISIONS RELATING TO INTERNATIONAL MONETARY FUND
Pub. L. 106-113, div. B, Sec. 1000(a)(5) [title V, Sec. 504],
Nov. 29, 1999, 113 Stat. 1536, 1501A-317, provided that:
"(a) Publication of IMF Operational Budgets. - The Secretary of
the Treasury shall instruct the United States Executive Director at
the International Monetary Fund to use the voice, vote, and
influence of the United States to urge vigorously the International
Monetary Fund to publish the operational budgets of the
International Monetary Fund, on a quarterly basis, not later than
one year after the end of the period covered by the budget.
"(b) Report to the Congress Showing Costs of United States
Participation in the International Monetary Fund. - The Secretary
of the Treasury shall prepare and transmit to the Committees on
Banking and Financial Services [now Committee on Financial
Services], on Appropriations, and on International Relations of the
House of Representatives and the Committees on Banking, Housing,
and Urban Affairs, on Foreign Relations, and on Appropriations of
the Senate a quarterly report, which shall be made readily
available to the public, on the costs or benefits of United States
participation in the International Monetary Fund and which shall
detail the costs and benefits to the United States, as well as
valuation gains or losses on the United States reserve position in
the International Monetary Fund.
"(c) Continuation of Forgoing of Reimbursement of IMF for
Expenses of Administering ESAF. - The Secretary of the Treasury
shall instruct the United States Executive Director at the
International Monetary Fund to use the voice, vote, and influence
of the United States to urge vigorously the International Monetary
Fund to continue to forgo reimbursements of the expenses incurred
by the International Monetary Fund in administering the Enhanced
Structural Adjustment Facility, until the Heavily Indebted Poor
Countries Initiative (as defined in section 1623 of the
International Financial Institutions Act [22 U.S.C. 262p-6]) is
terminated.
"(d) No Gold Sales by International Monetary Fund Without Prior
Authorization by the Congress. - (1) [Amended section 286c of this
title.]
"(2) Not less than 30 days prior to the entrance by the United
States into international negotiations for the purpose of reaching
agreement on the disposition of Fund gold whereby resources of the
Fund would be used for the special benefit of a single member, or
of a particular segment of the membership of the Fund, the
Secretary of the Treasury shall consult with the Committees on
Banking and Financial Services [now Committee on Financial
Services], on Appropriations, and on International Relations of the
House of Representatives and the Committees on Foreign Relations,
on Appropriations, and on Banking, Housing and Urban Affairs of the
Senate.
"(e) Annual Report by GAO on Consistency of IMF Practices With
Statutory Policies. - The Comptroller General of the United States
shall annually prepare and submit to the Congress of the United
States a written report on the extent to which the practices of the
International Monetary Fund are consistent with the policies of the
United States, as expressly contained in Federal law applicable to
the International Monetary Fund."
-CROSS-
DEFINITIONS
The definitions in section 262p-5 of this title apply to this
section.
-SECREF-
SECTION REFERRED TO IN OTHER SECTIONS
This section is referred to in section 262r-4 of this title.
-End-
-CITE-
22 USC Sec. 262p 01/06/03
-EXPCITE-
TITLE 22 - FOREIGN RELATIONS AND INTERCOURSE
CHAPTER 7 - INTERNATIONAL BUREAUS, CONGRESSES, ETC.
-HEAD-
Sec. 262p. Impact adjustment lending programs
-STATUTE-
(a) Establishment of guidelines; impact statements
The Secretary of the Treasury shall instruct the United States
Executive Director of the International Bank for Reconstruction and
Development and the International Development Association to
initiate discussions with other directors of the respective
institutions and to propose that -
(1) guidelines be established which reflect clear and tangible
concern for the impact adjustment lending programs, and the
activities in support of which such lending is made, have and
will have on human welfare; and
(2) impact statements be required which assess the effect an
adjustment lending program, and the activities in support of
which such lending is made, will have on the poor of the country
to which such lending is made.
(b) Proposed contents of impact statements
In the discussions referred to in subsection (a) of this section
with respect to the impact statement described in paragraph (2) of
such subsection, the United States Executive Director should
propose that such impact statements -
(1) specify what the projected effects of the adjustment loan
will be on the poor;
(2) explain what procedures have been or will be taken to
strengthen the in-country capacity of the borrower to -
(A) monitor nutrition levels in a timely manner; and
(B) measure the impact an adjustment loan, and the policies
and activities in support of which such loan is made, has on
the living standards of the country's population, especially
the poorest; and
(3) indicate specifically what steps the borrower will take to
-
(A) mitigate any adverse effect the policies and activities
in support of which an adjustment loan is made are expected to
have on the living standards of the poor (including the use of
the proceeds of any adjustment loan, project aid, or other
compensatory measure to mitigate such effect); and
(B) maximize the extent of the participation of the poor in
the economic benefits resulting from an adjustment loan.
(c) Report to member governments by United States Executive
Director of International Bank for Reconstruction and Development
and by International Development Association
The Secretary of the Treasury shall instruct the United States
Executive Director of the International Bank for Reconstruction and
Development and the International Development Association to
request the management of the respective institutions to prepare a
report for distribution to member governments no later than June
30, 1988, that -
(1) assesses the impact on the poor of structural adjustment in
countries to which structural adjustment lending has been made;
and
(2) specifies the steps that have been or will be taken by the
respective institution to -
(A) mitigate any adverse effect of adjustment lending, and
the activities in support of which such lending is made, on the
living standards of the poor in the countries to which such
loans are made; and
(B) ensure the participation of the poor in the economic
benefits resulting from adjustment lending and the activities
in support of which such lending is made.
(d) "Adjustment lending" defined
For purposes of this section and section 262m-1 of this title,
the term "adjustment lending" means nonproject lending in support
of structural macroeconomic reforms or sectoral economic reform.
-SOURCE-
(Pub. L. 95-118, title XVI, Sec. 1601, as added Pub. L. 100-202,
Sec. 101(e) [title I], Dec. 22, 1987, 101 Stat. 1329-131,
1329-134.)
-COD-
CODIFICATION
Section 1601 of Pub. L. 95-118 is based on section 701 of title
VII of H.R. 3750, One Hundredth Congress, as introduced Dec. 11,
1987, and enacted into law by Pub. L. 100-202.
-CROSS-
DEFINITIONS
The definitions in section 262p-5 of this title apply to this
section.
-End-
-CITE-
22 USC Sec. 262p-1 01/06/03
-EXPCITE-
TITLE 22 - FOREIGN RELATIONS AND INTERCOURSE
CHAPTER 7 - INTERNATIONAL BUREAUS, CONGRESSES, ETC.
-HEAD-
Sec. 262p-1. Grassroots Collaboration Program
-STATUTE-
(a) Proposal for establishment; private involvement; projects or
policies for alleviation of poverty and promotion of
environmental protection
The Secretary of the Treasury shall instruct the United States
Executive Director of the International Bank for Reconstruction and
Development and the International Development Association to
initiate discussions with other directors of such institutions and
to propose the establishment of a Grassroots Collaboration Program
to develop improved mechanisms for involving, directly or
indirectly, nongovernmental organizations in the design,
implementation, and monitoring of development projects financed by,
or development policies established by, such bank or association in
order to alleviate poverty and promote environmental protection,
including -
(1) encouraging nongovernmental organizations in borrowing
countries to participate in all stages of project planning and
country strategy activities to -
(A) minimize any adverse impact of such projects or
activities on the poor people of such country;
(B) minimize any adverse impact of such projects or
activities on the environment of such country; and
(C) maximize the extent to which such projects or activities
will benefit the poor people of such country;
(2) increasing the direct involvement of nongovernmental
organizations in project design, implementation, or monitoring
whenever such organizations have a distinct comparative advantage
over other entities in providing such services by virtue of their
grassroots involvement with poor people, especially women, in a
borrowing country;
(3) providing microenterprise credit for small scale economic
activities through nongovernmental organizations;
(4) supporting the enhancement of the institutional capacity of
nongovernmental organizations in borrowing countries as
development practitioners; and
(5) establishing or supporting jointly funded intermediary
mechanisms with nongovernmental organizations to facilitate
increased collaboration between such bank or association and
nongovernmental organizations in borrowing countries.
(b) Implementation and financing of program
It is the sense of the Congress that the Grassroots Collaboration
Program described in subsection (a) of this section should be
implemented and financed as part of the normal operations of the
International Bank for Reconstruction and Development and the
International Development Association.
(c) Flexible financing; initial grant
To the extent the activities under the Grassroots Collaboration
Program described in subsection (a) of this section need more
flexible financing, it is the sense of the Congress that -
(1) such activities could be funded through a grant from the
net income of the International Bank for Reconstruction and
Development; and
(2) an initial grant of not less than $50,000,000 should be
made for such activities with subsequent annual allocations of
such additional amounts as may be necessary to allow the
Grassroots Collaboration Program to maximize collaboration with
nongovernmental organizations in the alleviation of poverty and
the protection of the environment.
(d) Repealed. Pub. L. 101-240, title V, Sec. 541(d)(4), Dec. 19,
1989, 103 Stat. 2518
(e) Annual reports to Congress
Each annual report to the Congress by the National Advisory
Council on International Monetary and Financial Policies shall
describe the status of the establishment and operation of the
Grassroots Collaboration Program described in subsection (a) of
this section, the activities under taken by the Program and the sum
of the amounts expended by the Program.
-SOURCE-
(Pub. L. 95-118, title XVI, Sec. 1602, as added Pub. L. 100-202,
Sec. 101(e) [title I], Dec. 22, 1987, 101 Stat. 1329-131, 1329-134;
amended Pub. L. 101-240, title V, Sec. 541(d)(4), Dec. 19, 1989,
103 Stat. 2518.)
-COD-
CODIFICATION
Section 1602 of Pub. L. 95-118 is based on section 701 of title
VII of H.R. 3750, One Hundredth Congress, as introduced Dec. 11,
1987, and enacted into law by Pub. L. 100-202.
-MISC1-
AMENDMENTS
1989 - Subsec. (d). Pub. L. 101-240 struck out subsec. (d) which
related to initial reporting requirements by Secretary of the
Treasury.
-CROSS-
DEFINITIONS
The definitions in section 262p-5 of this title apply to this
section.
-SECREF-
SECTION REFERRED TO IN OTHER SECTIONS
This section is referred to in section 262p-4l of this title.
-End-
-CITE-
22 USC Sec. 262p-2 01/06/03
-EXPCITE-
TITLE 22 - FOREIGN RELATIONS AND INTERCOURSE
CHAPTER 7 - INTERNATIONAL BUREAUS, CONGRESSES, ETC.
-HEAD-
Sec. 262p-2. Instructions to United States Executive Directors for
extension of credit
-STATUTE-
(a) International Bank for Reconstruction and Development;
International Development Association; access of poor to formal
sources of credit; identification and removal of barriers to
extension of credit generally and to provisions of credit to
microenterprises
The Secretary of the Treasury shall instruct the United States
Executive Director of the International Bank for Reconstruction and
Development and the International Development Association to
initiate discussions with other directors of such Bank or
Association and to propose that -
(1) in carrying on the activities of the Bank or Association,
the Bank or Association take such steps as may be necessary to
increase access for the poor people of a borrowing country to
formal sources of credit; and
(2) the Bank or Association include a requirement in all
appropriate project and nonproject agreements, as a condition for
assistance under such agreements, that the borrowing country
identify and remove unreasonable legal and regulatory barriers to
-
(A) the establishment or operation of organizations which
extend credit; and
(B) the provision of credit to microenterprises for small
scale economic activities.
(b) African Development Bank and Asian Development Bank; provision
of credit to microenterprises
The Secretary of the Treasury shall instruct the United States
Executive Directors of the African Development Bank and the Asian
Development Bank to initiate discussions with other directors of
the respective banks and to propose that each such bank -
(1) examine the Program for the Financing of Small Projects of
the Inter-American Development Bank and the steps taken by such
bank to link the Program to the mainstream operation of the bank;
and
(2) explore ways and means to establish similar programs within
the respective banks to provide credit to microenterprises for
small scale economic activities.
(c) Annual reports to Congress; inclusion of status of
microenterprise credit promotion activities
Each annual report to the Congress by the National Advisory
Council on International Monetary and Financial Policies shall
describe the status of the microenterprise credit promotion
activities of each of the institutions referred to in subsection
(a) or (b) of this section.
-SOURCE-
(Pub. L. 95-118, title XVI, Sec. 1603, as added Pub. L. 100-202,
Sec. 101(e) [title I], Dec. 22, 1987, 101 Stat. 1329-131,
1329-134.)
-COD-
CODIFICATION
Section 1603 of Pub. L. 95-118 is based on section 701 of title
VII of H.R. 3750, One Hundredth Congress, as introduced Dec. 11,
1987, and enacted into law by Pub. L. 100-202.
-CROSS-
DEFINITIONS
The definitions in section 262p-5 of this title apply to this
section.
-End-
-CITE-
22 USC Sec. 262p-3 01/06/03
-EXPCITE-
TITLE 22 - FOREIGN RELATIONS AND INTERCOURSE
CHAPTER 7 - INTERNATIONAL BUREAUS, CONGRESSES, ETC.
-HEAD-
Sec. 262p-3. Participation of women in economic, social and policy
development activities
-STATUTE-
(a) Congressional declaration of policy
Congress hereby declares that it is the policy of the United
States that multilateral development banks should -
(1) fully involve women in borrowing countries in the
identification, planning, implementation, and evaluation of
mainstream development activities financed by such banks;
(2) recognize and support women's direct and indirect roles in
the economic development of their countries and communities;
(3) recognize and support women's direct and indirect roles in
the education and social development of, the maintenance of the
health of, and in the provision of adequate nutrition for, family
members and communities, especially children;
(4) work to remove legal and customary barriers which impede
the full participation of women in economic and social
development, such as lack of access to credit, property rights,
education, health care, and government services; and
(5) involve women's groups in borrowing countries in project
identification and preparation in order to factor their
assessments of women's economic and social needs into project
design.
(b) Instructions by Secretary of the Treasury to United States
Executive Directors
The Secretary of the Treasury shall instruct -
(1) the United States Executive Director of the International
Bank for Reconstruction and Development and the International
Development Association to support attempts to strengthen the
role of the Women in Development division in policy development,
project design and implementation, and evaluation; and
(2) the United States Executive Directors of the regional
multilateral development banks to support exploring the
establishment of a mechanism, or the strengthening of any
existing mechanism, within each of the respective banks, to
advise, advocate, and promote the full intergration (!1) of women
in the planning, design, implementation, and evaluation of
lending activities both in borrowing countries and within the
banks.
(c) Annual reports to Congress
Each annual report to the Congress by the National Advisory
Council on International Monetary and Financial Policies shall
describe the actions taken by the multilateral development banks to
implement the policies established under this section.
-SOURCE-
(Pub. L. 95-118, title XVI, Sec. 1604, as added Pub. L. 100-202,
Sec. 101(e) [title I], Dec. 22, 1987, 101 Stat. 1329-131,
1329-134.)
-COD-
CODIFICATION
Section 1604 of Pub. L. 95-118 is based on section 701 of title
VII of H.R. 3750, One Hundredth Congress, as introduced Dec. 11,
1987, and enacted into law by Pub. L. 100-202.
-CROSS-
DEFINITIONS
The definitions in section 262p-5 of this title apply to this
section.
-FOOTNOTE-
(!1) So in original. Probably should be "integration".
-End-
-CITE-
22 USC Sec. 262p-4 01/06/03
-EXPCITE-
TITLE 22 - FOREIGN RELATIONS AND INTERCOURSE
CHAPTER 7 - INTERNATIONAL BUREAUS, CONGRESSES, ETC.
-HEAD-
Sec. 262p-4. Instructions to United States Executive Directors;
indigenous people in borrowing country; determination of impact;
protection of rights; consultation
-STATUTE-
The Secretary of the Treasury shall instruct the United States
Executive Director of each multilateral development bank to
initiate discussions with other executive directors of the
respective bank and to propose that the bank take such steps as may
be necessary -
(1) to determine, at the time an initial feasibility study is
conducted with respect to a proposed project and to the fullest
extent possible, the impact such project would have on indigenous
people in the borrowing country;
(2) to ensure compliance with loan conditionalities relating to
the protection of the rights of indigenous people to lands and
resources; and
(3) to consult with indigenous people, and nongovernmental
organizations representing indigenous people, at every phase of
loan design, planning, implementation, and monitoring.
-SOURCE-
(Pub. L. 95-118, title XVI, Sec. 1605, as added Pub. L. 100-202,
Sec. 101(e) [title I], Dec. 22, 1987, 101 Stat. 1329-131,
1329-134.)
-COD-
CODIFICATION
Section 1605 of Pub. L. 95-118 is based on section 701 of title
VII of H.R. 3750, One Hundredth Congress, as introduced Dec. 11,
1987, and enacted into law by Pub. L. 100-202.
-CROSS-
DEFINITIONS
The definitions in section 262p-5 of this title apply to this
section.
-End-
-CITE-
22 USC Sec. 262p-4a 01/06/03
-EXPCITE-
TITLE 22 - FOREIGN RELATIONS AND INTERCOURSE
CHAPTER 7 - INTERNATIONAL BUREAUS, CONGRESSES, ETC.
-HEAD-
Sec. 262p-4a. Loan programs to reduce economic dependence on
illicit narcotics
-STATUTE-
(a) Findings
The Congress finds that -
(1) the illicit narcotics epidemic currently afflicting the
United States represents a direct threat to the well-being of
every United States citizen;
(2) every effective means must be pursued to reduce the foreign
production and subsequent importation into the United States of
illicit narcotics;
(3) the multilateral development banks can play an integral
role in efforts to control the production of illicit narcotics;
(4) producer country narcotics eradication programs will not be
effective unless such programs provide an economic alternative to
the production of narcotics;
(5) efforts to address the illicit narcotics epidemic through
production control are doomed to failure unless greater effort is
applied to curb use of and demand for illicit narcotics; and
(6) the appropriate role for the multilateral development banks
in the "War Against Drugs" is through coordinating and financing
alternative economic opportunities in producer and trafficking
countries.
(b) Loan programs to reduce economic dependence on illicit
narcotics
The Secretary of the Treasury shall instruct the United States
Executive Director of the International Bank for Reconstruction and
Development and the United States Executive Director of the
Inter-American Development Bank to initiate discussions with other
executive directors of such institutions and to advocate and
support the creation, within such institutions, of specific country
lending programs and policies (including crop substitution,
creation of roads conducive to the expansion of markets for licit
goods, other infrastructure development measures such as
development projects generating employment, agricultural extension
assistance, and region-specific development plans) which are
particularly oriented to reducing or eliminating the economic
dependence of regions of borrowing countries known to be areas in
which illicit narcotics are produced or trafficked, on such
production and trafficking.
(c) Coordination among assistance programs designed to reduce
economic dependency on illicit narcotics
In addition, the Secretary of the Treasury should instruct the
United States Executive Director of the International Bank for
Reconstruction and Development and the United States Executive
Director of the Inter-American Development Bank to encourage such
institutions to provide coordination among other multilateral and
bilateral assistance programs designed to reduce the economic
dependence of regions of borrowing countries known to be areas in
which illicit narcotics are produced or trafficked, on such
production and trafficking.
-SOURCE-
(Pub. L. 95-118, title XVI, Sec. 1606, as added Pub. L. 100-461,
title V, Sec. 555, Oct. 1, 1988, 102 Stat. 2268-36.)
-COD-
CODIFICATION
Section 1606 of Pub. L. 95-118 is based on section 6 of H.R.
4645, One Hundredth Congress, as reported Sept. 28, 1988, and
enacted into law by Pub. L. 100-461.
-MISC1-
PRIOR PROVISIONS
A prior section 1606 of Pub. L. 95-118 was renumbered section
1622 and is classified to section 262p-5 of this title.
-CROSS-
DEFINITIONS
The definitions in section 262p-5 of this title apply to this
section.
-End-
-CITE-
22 USC Sec. 262p-4b 01/06/03
-EXPCITE-
TITLE 22 - FOREIGN RELATIONS AND INTERCOURSE
CHAPTER 7 - INTERNATIONAL BUREAUS, CONGRESSES, ETC.
-HEAD-
Sec. 262p-4b. Directives regarding government-owned enterprises in
countries receiving World Bank loans
-STATUTE-
(a) Finding
The Congress finds that a principal focus of United States
Government policy in the multilateral development banks has been
and should be to foster greater development of the private sector
in member borrowing countries of such banks.
(b) Technical assistance to transform government-owned enterprises
into privately owned enterprises
In order to assist and strengthen the advancement of ongoing
efforts to have the International Bank for Reconstruction and
Development play a key role in building a viable private sector in
member borrowing countries of such bank, and to further assist such
bank in its determination to facilitate the transfer of
government-owned enterprises in such countries to private
ownership, the Secretary of the Treasury shall instruct the United
States Executive Director of such bank to vigorously encourage the
provision of technical assistance to such countries (relying, where
appropriate, on the expertise of the International Finance
Corporation or the Multilateral Investment Guarantee Agency) to
transform enterprises owned, in whole or part, by the governments
of such countries into privately owned, self-sufficient
enterprises. Such technical assistance may involve the valuation of
the assets of such government-owned enterprises, the assessment of
tender offers, and the creation or strengthening of market-based
mechanisms to facilitate such a transfer of ownership.
(c) Reports
(1) In general
The United States Executive Director of the International Bank
for Reconstruction and Development shall submit 3 reports to the
Congress on -
(A) the progress made in transforming government-owned
enterprises into privately owned enterprises as described in
subsection (b) of this section;
(B) the performance of the privately owned enterprises
resulting from such transformation; and
(C) the contributions of development finance companies toward
strengthening the private sector in member borrowing countries.
(2) Timing
The United States Executive Director of the International Bank
for Reconstruction and Development shall submit to the Congress
the first report required by paragraph (1) within 1 year after
October 1, 1988, and shall submit additional reports 12 months,
and 24 months, after the date the first report is submitted.
-SOURCE-
(Pub. L. 95-118, title XVI, Sec. 1607, as added Pub. L. 100-461,
title V, Sec. 555, Oct. 1, 1988, 102 Stat. 2268-36.)
-COD-
CODIFICATION
Section 1607 of Pub. L. 95-118 is based on section 7 of H.R.
4645, One Hundredth Congress, as reported Sept. 28, 1988, and
enacted into law by Pub. L. 100-461.
-CROSS-
DEFINITIONS
The definitions in section 262p-5 of this title apply to this
section.
-End-
-CITE-
22 USC Sec. 262p-4c 01/06/03
-EXPCITE-
TITLE 22 - FOREIGN RELATIONS AND INTERCOURSE
CHAPTER 7 - INTERNATIONAL BUREAUS, CONGRESSES, ETC.
-HEAD-
Sec. 262p-4c. Initiation of discussions to facilitate
debt-for-development swaps for human welfare and environmental
conservation
-STATUTE-
(a) Findings
The Congress finds that -
(1) voluntary debt-for-development swaps in heavily indebted
developing nations can simultaneously facilitate reduction of the
burden of external indebtedness and increase the resources
available within the country for charitable, educational, and
scientific purposes, including environmental conservation,
education, human welfare, health, agricultural research and
development, microenterprise credit, and development of
indigenous nonprofit organizations; and
(2) heavily indebted developing countries may desire to
facilitate such swaps to the maximum extent consistent with sound
domestic economic management and minimization of inflationary
impact.
(b) Initiation of discussions to facilitate debt-for-development
swaps for human welfare and environmental conservation
(1) In general
The Secretary of the Treasury shall instruct the United States
Executive Director of the International Bank for Reconstruction
and Development to initiate discussions with the directors of
such bank, the International Development Association, and the
International Finance Corporation and propose that such
institutions provide advice and assistance, as appropriate, to
borrowing country governments desiring to facilitate
debt-for-development swaps, on mechanisms (including trust funds)
to accomplish this purpose, particularly in the context of debt
rescheduling, which mechanisms result in sound management of the
macroeconomic impact of such swaps on such countries, and
preserve the value of the capital obtained through such swaps.
(2) Definitions
As used in this section:
(A) Debt-for-development swap
The term "debt-for-development swap" means the purchase of
qualified debt by, or the donation of such debt to, an
organization described in section 501(c)(3) of title 26 which
is exempt from taxation under section 501(a) of title 26, and
the subsequent transfer of such debt to an organization located
in such foreign country in exchange for an undertaking by such
tax-exempt organization, such foreign government, or such
foreign organization to engage in a charitable, educational, or
scientific activity.
(B) Qualified debt
The term "qualified debt" means -
(i) sovereign debt issued by a foreign government;
(ii) debt owed by private institutions in the country
governed by such foreign government; and
(iii) debt owed by institutions in the country governed by
such foreign government, which are owned, in part, by private
persons and, in part, by public institutions.
-SOURCE-
(Pub. L. 95-118, title XVI, Sec. 1608, as added Pub. L. 100-461,
title V, Sec. 555, Oct. 1, 1988, 102 Stat. 2268-36.)
-COD-
CODIFICATION
Section 1608 of Pub. L. 95-118 is based on section 8 of H.R.
4645, One Hundredth Congress, as reported Sept. 28, 1988, and
enacted into law by Pub. L. 100-461.
-CROSS-
DEFINITIONS
The definitions in section 262p-5 of this title apply to this
section.
-End-
-CITE-
22 USC Sec. 262p-4d 01/06/03
-EXPCITE-
TITLE 22 - FOREIGN RELATIONS AND INTERCOURSE
CHAPTER 7 - INTERNATIONAL BUREAUS, CONGRESSES, ETC.
-HEAD-
Sec. 262p-4d. Initiation of discussions to facilitate financing of
human welfare and natural resource programs in sub-Saharan Africa
in connection with debt reduction and conversion
-STATUTE-
(a) Findings
The Congress finds that -
(1) the heavy burden of debt borne by sub-Saharan governments
undermines efforts by such governments to finance projects and
programs designed to promote charitable, educational, and
scientific purposes, including education, human welfare, health,
agricultural research and development, and conservation,
restoration and enhancement of the natural resource base; and
(2) the financing of programs to promote such charitable,
educational, and scientific purposes should be facilitated in the
context of reducing and converting sovereign debt of sub-Saharan
governments, as encouraged in the final communique of the June
1988 economic summit conference in Toronto, Canada, through such
means as -
(A) concessional interest rates;
(B) extended repayment periods; or
(C) partial or complete write-offs of debt service
obligations.
(b) Initiation of discussions to facilitate financing of human
welfare and natural resource programs in sub-Saharan Africa in
connection with debt reduction and conversion
The Secretary of the Treasury shall instruct the United States
Executive Director of the African Development Bank and the African
Development Fund to initiate discussions with the directors of such
institutions and propose that such institutions, jointly with the
International Bank for Reconstruction and Development, the
International Development Association, and the International
Finance Corporation, as appropriate, provide advice and assistance
to government creditors holding sovereign debt of any sub-Saharan
government, and to sub-Saharan governments which desire to finance
programs with local currencies obtained through debt reduction and
conversion to promote charitable, educational, and scientific
(including conservation and restoration of natural resources)
purposes, as a condition of reducing or converting such sovereign
debt.
-SOURCE-
(Pub. L. 95-118, title XVI, Sec. 1609, as added Pub. L. 100-461,
title V, Sec. 555, Oct. 1, 1988, 102 Stat. 2268-36.)
-COD-
CODIFICATION
Section 1609 of Pub. L. 95-118 is based on section 9 of H.R.
4645, One Hundredth Congress, as reported Sept. 28, 1988, and
enacted into law by Pub. L. 100-461.
-CROSS-
DEFINITIONS
The definitions in section 262p-5 of this title apply to this
section.
-End-
-CITE-
22 USC Sec. 262p-4e 01/06/03
-EXPCITE-
TITLE 22 - FOREIGN RELATIONS AND INTERCOURSE
CHAPTER 7 - INTERNATIONAL BUREAUS, CONGRESSES, ETC.
-HEAD-
Sec. 262p-4e. Extent to which borrowing country governments have
honored debt-for-development swap agreements to be considered as
factor in making loans to such borrowers
-STATUTE-
(a) In general
The Secretary of the Treasury shall instruct the United States
Executive Director of the International Bank for Reconstruction and
Development to initiate discussions with the directors of such bank
and propose that such bank consider, as an important factor in
making loans to borrowing country governments, the history of
compliance by such governments with, and the extent to which such
governments have honored, agreements entered into by such
governments as part of any debt-for-development swap which requires
such governments to set aside or otherwise limit the use of real
property to conservation purposes.
(b) Definitions
As used in this section:
(1) Debt-for-development swap
The term "debt-for-development swap" means the purchase of
qualified debt by, or the donation of such debt to, an
organization described in section 501(c)(3) of title 26 which is
exempt from taxation under section 501(a) of title 26, and the
subsequent transfer of such debt to an organization located in
such foreign country in exchange for an undertaking by such
tax-exempt organization, such foreign government, or such foreign
organization to engage in a charitable, educational, or
scientific activity.
(2) Qualified debt
The term "qualified debt" means -
(A) sovereign debt issued by a foreign government;
(B) debt owed by private institutions in the country governed
by such foreign government; and
(C) debt owed by institutions in the country governed by such
foreign government which are owned, in part, by private persons
and, in part, by public institutions.
-SOURCE-
(Pub. L. 95-118, title XVI, Sec. 1610, as added Pub. L. 100-461,
title V, Sec. 555, Oct. 1, 1988, 102 Stat. 2268-36.)
-COD-
CODIFICATION
Section 1610 of Pub. L. 95-118 is based on section 10 of H.R.
4645, One Hundredth Congress, as reported Sept. 28, 1988, and
enacted into law by Pub. L. 100-461.
-CROSS-
DEFINITIONS
The definitions in section 262p-5 of this title apply to this
section.
-End-
-CITE-
22 USC Sec. 262p-4f 01/06/03
-EXPCITE-
TITLE 22 - FOREIGN RELATIONS AND INTERCOURSE
CHAPTER 7 - INTERNATIONAL BUREAUS, CONGRESSES, ETC.
-HEAD-
Sec. 262p-4f. Assistance to countries to develop statistical
assessment of well-being of poor
-STATUTE-
(a) Findings
The Congress finds that -
(1) improvement in the capacity of developing countries to
measure and monitor regularly the nutritional and physical
well-being of the poorest 40 percent of the population of each of
such countries is essential to the development of policies to
reduce absolute poverty;
(2) internationally accepted statistical indicators that
measure reliably the extent of absolute poverty and identify the
location and characteristics of the poor are being developed and
refined to guide policy formulation and target assistance to the
poor;
(3) such guidance by indicators is, however, not able to be
used in some developing countries, especially the poorest
countries, due to the woeful unavailability of statistical data;
(4) the International Bank for Reconstruction and Development
and the International Development Association have the technical
and financial capability to assist borrowing country governments
to develop such statistical measurement capabilities for social
indicators necessary for the design and monitoring of
poverty-reduction policies for such governments;
(5) availability of social indicator data is also essential to
the work of such institutions, particularly in monitoring the
impact of structural adjustment lending on the poor; and
(6) availability of such indicators will also facilitate the
measurement of progress in the alleviation of poverty by other
donor agencies, public and private.
(b) Assistance to countries to develop statistical assessment of
well-being of poor
The Secretary of the Treasury shall instruct the United States
Executive Director of the International Bank for Reconstruction and
Development and the International Development Association to
advocate and support, as an immediate priority, assistance by such
institutions to borrowing country governments to develop
appropriate statistical measures for assessing the physical
well-being of the poor, by sex and age, by using such indicators as
mortality, health, education, and nutrition, as well as wealth and
income, and maintain and publish such indicators on an ongoing
basis.
-SOURCE-
(Pub. L. 95-118, title XVI, Sec. 1611, as added Pub. L. 100-461,
title V, Sec. 555, Oct. 1, 1988, 102 Stat. 2268-36.)
-COD-
CODIFICATION
Section 1611 of Pub. L. 95-118 is based on section 11 of H.R.
4645, One Hundredth Congress, as reported Sept. 28, 1988, and
enacted into law by Pub. L. 100-461.
-CROSS-
DEFINITIONS
The definitions in section 262p-5 of this title apply to this
section.
-SECREF-
SECTION REFERRED TO IN OTHER SECTIONS
This section is referred to in section 262p-4h of this title.
-End-
-CITE-
22 USC Sec. 262p-4g 01/06/03
-EXPCITE-
TITLE 22 - FOREIGN RELATIONS AND INTERCOURSE
CHAPTER 7 - INTERNATIONAL BUREAUS, CONGRESSES, ETC.
-HEAD-
Sec. 262p-4g. Directives regarding government-owned enterprises in
countries receiving IADB loans
-STATUTE-
(a) Finding
The Congress finds that a principal focus of United States
Government policy in the multilateral development banks has been
and should be to foster greater development of the private sector
in member borrowing countries of such banks.
(b) Technical assistance to transform government-owned enterprises
into privately owned enterprises
In order to assist and strengthen the advancement of ongoing
efforts to have the Inter-American Development Bank play a key role
in building a viable private sector in member borrowing countries
of such bank, and to further assist such bank in its determination
to facilitate the transfer of government-owned enterprises in such
countries to private ownership, the Secretary of the Treasury shall
instruct the United States Executive Director of such bank to
vigorously encourage the provision of technical assistance to such
countries to transform enterprises owned, in whole or in part, by
the governments of such countries into privately owned,
self-sufficient enterprises. Such technical assistance may involve
the valuation of the assets of such government-owned enterprises,
the assessment of tender offers, and the creation or strengthening
of market-based mechanisms to facilitate such a transfer of
ownership.
-SOURCE-
(Pub. L. 95-118, title XVI, Sec. 1612, as added Pub. L. 101-240,
title II, Sec. 206, Dec. 19, 1989, 103 Stat. 2499.)
-MISC1-
PRIOR PROVISIONS
A prior section 1612 of Pub. L. 95-118 was renumbered section
1622 and is classified to section 262p-5 of this title.
-CROSS-
DEFINITIONS
The definitions in section 262p-5 of this title apply to this
section.
-SECREF-
SECTION REFERRED TO IN OTHER SECTIONS
This section is referred to in section 262r of this title.
-End-
-CITE-
22 USC Sec. 262p-4h 01/06/03
-EXPCITE-
TITLE 22 - FOREIGN RELATIONS AND INTERCOURSE
CHAPTER 7 - INTERNATIONAL BUREAUS, CONGRESSES, ETC.
-HEAD-
Sec. 262p-4h. Discussions to increase productive economic
participation of poor; reports
-STATUTE-
(a) In general
The Secretary of the Treasury shall instruct the United States
Executive Director for each multilateral development bank to
vigorously and continually advocate, in all replenishment
negotiations and in discussion with other directors of such bank
and with such bank, the following:
(1) A major objective of such bank's operations and financing
in each borrowing country, as a long term priority, should be to
increase the productive role of the poor in the economy of such
country.
(2) Such bank should encourage and assist each borrowing
country to develop sustainable national plans and strategies to
eliminate the causes and alleviate the manifestations of poverty
which keep the poor from leading economically and socially
productive lives. Such plans and strategies should give attention
to -
(A) the enhancement of human resources, including programs
for basic nutrition, primary health services, basic education,
and safe water and basic sanitation;
(B) access to income-generating activities, employment, and
productive assets such as land and credit; and
(C) consultation with public sector social agencies and local
non-governmental organizations.
(3) As an integral element of ongoing policy dialogue with each
borrowing country to design structural adjustment plans and
project lending programs, such bank should provide assistance
consistent with achieving the objectives of the country's
national plan for increasing the productive economic
participation of the poor. Such dialogue should be conducted with
government agencies working in social and economic sectors and
with non-governmental groups in the borrowing country, especially
those that have grassroots involvement with poor people.
(4) In an annual review document, such bank should describe the
extent to which the goal of increasing the productive economic
participation of the poor is being advanced or retarded and the
steps that are being taken to overcome obstacles to its
fulfillment. Such review should be based on information contained
in the bank's country implementation review documents and in the
country strategy documents for each borrowing country. Such
country strategy documents should describe the national strategy
for productive economic participation of the poor and the steps
the bank plans to take to assist the borrowing country during the
period covered by the country strategy document.
(5) Such bank should assist countries in assessing and
monitoring progress in achieving poverty alleviation goals and
targets through measurement by appropriate social indicators.
(6) Such bank should adopt procedures and budgetary allocations
for administrative purposes, and establish appropriate staffing
levels, to ensure that adequate resources are available to
implement the bank's program for enhancing the productive
economic participation of the poor, in consultation with
non-governmental groups.
(7) Such bank should adopt, as a separate and major criterion
in the allocation of concessional financing resources, a
preferential allocation to each country which undertakes
significant efforts to enhance the productive economic
participation of the poor.
(8) Such bank should require each country which receives
structural adjustment assistance to have in place, after a
reasonable phase-in period, a strategy to enhance the productive
economic participation of the poor.
(b) Progress report
Before the end of the 1-year period beginning on December 19,
1989, the Secretary of the Treasury shall submit to the Committee
on Banking, Finance and Urban Affairs and the Committee on
Appropriations of the House of Representatives, and the Committee
on Foreign Relations and the Committee on Appropriations of the
Senate, a report on the following:
(1) The status of advocacy and progress being made to implement
the objectives of subsection (a) of this section, describing the
success to date, the obstacles encountered, and future
expectations of progress.
(2) A description of the progress to date in achieving the
purposes of section 262p-4f of this title, including the
institutional capacity and effort devoted to assisting in the
development of statistical measures to assess the well-being of
the poor.
(3) A description and evaluation of the progress to date in
developing effective mechanisms for involving non-governmental
organizations, directly or indirectly, in the design,
implementation, and monitoring of development projects, programs,
and policies of the multilateral development banks.
-SOURCE-
(Pub. L. 95-118, title XVI, Sec. 1613, as added Pub. L. 101-240,
title V, Sec. 501, Dec. 19, 1989, 103 Stat. 2505.)
-MISC1-
PRIOR PROVISIONS
A prior section 1613 of Pub. L. 95-118 was renumbered section
1622 and is classified to section 262p-5 of this title.
-CHANGE-
CHANGE OF NAME
Committee on Banking, Finance and Urban Affairs of House of
Representatives treated as referring to Committee on Banking and
Financial Services of House of Representatives by section 1(a) of
Pub. L. 104-14, set out as a note preceding section 21 of Title 2,
The Congress. Committee on Banking and Financial Services of House
of Representatives abolished and replaced by Committee on Financial
Services of House of Representatives, and jurisdiction over matters
relating to securities and exchanges and insurance generally
transferred from Committee on Energy and Commerce of House of
Representatives by House Resolution No. 5, One Hundred Seventh
Congress, Jan. 3, 2001.
-CROSS-
DEFINITIONS
The definitions in section 262p-5 of this title apply to this
section.
-SECREF-
SECTION REFERRED TO IN OTHER SECTIONS
This section is referred to in section 262r of this title.
-End-
-CITE-
22 USC Sec. 262p-4i 01/06/03
-EXPCITE-
TITLE 22 - FOREIGN RELATIONS AND INTERCOURSE
CHAPTER 7 - INTERNATIONAL BUREAUS, CONGRESSES, ETC.
-HEAD-
Sec. 262p-4i. Multilateral development banks and debt-for-nature
exchanges
-STATUTE-
(a) Directions to United States Executive Directors
The Secretary of the Treasury shall direct the United States
Executive Directors of the multilateral development banks to -
(1) negotiate for the creation in each respective multilateral
development bank, except where the Secretary of the Treasury
determines that the provisions of this subsection have previously
been met, of a department that will -
(A) be responsible for environmental protection and resource
conservation, including support for restoration, protection,
and sustainable use policies;
(B) develop and monitor strict environmental guidelines and
policies to govern lending activities; and
(C) actively promote, coordinate and facilitate
debt-for-nature exchanges and the restoration, protection, and
sustainable use of tropical forests, renewable natural
resources, endangered ecosystems and species in debtor
countries;
(2) support and encourage the approval of multilateral
development bank loans which include provisions that foster and
facilitate the implementation of a sound and effective
environmental policy in the borrowing country;
(3) encourage the banks to assist such countries in reducing
and restructuring private debt through the use of a portion of a
project or policy based environmental loan in ways which will
enable such countries to buy back private debt at a rate of
discount available for such debt, at auction in the secondary
market or through negotiations with creditors holding such debt;
(4) seek to ensure that staff of each bank facilitate debtor
countries' collaboration with local and international
non-governmental or private organizations in implementing
debt-for-nature exchanges; and
(5) seek to ensure that each bank adopts policy guidelines
which to the maximum extent possible provide for -
(A) the inclusion of sustainable use policies in loan
agreements negotiated with borrower members;
(B) the adoption of economic programs to foster sound
environmental policies; and
(C) the provision of debtor countries' policy changes or
significant increases in financial resources for use in at
least 1 of the following -
(i) restoration, protection, or sustainable use of the
world's oceans and atmosphere;
(ii) restoration, protection, or sustainable use of diverse
animal and plant species;
(iii) establishment, restoration, protection, and
maintenance of parks and reserves;
(iv) development and implementation of sound systems of
natural resource management;
(v) development and support of local conservation programs;
(vi) training programs to strengthen conservation
institutions and increase scientific, technical, and
managerial capabilities of individuals and organizations
involved in conservation efforts;
(vii) efforts to generate knowledge, increase
understanding, and enhance public commitment to conservation;
(viii) design and implementation of sound programs of land
and ecosystem management; and
(ix) promotion of regenerative approaches in farming,
forestry, and watershed management.
(b) Negotiation of guidelines for restoration, protection, or
sustainable use policies
The United States Executive Directors of the multilateral
development banks shall seek to negotiate with the other executive
directors to provide guidelines for restoration, protection, or
sustainable use policies. Pending the outcome of such negotiations,
the United States Executive Directors shall consider restoration,
protection, or sustainable use policies to be those which -
(1) support development that maintains and restores the
renewable natural resource base so that present and future needs
of debtor countries' populations can be met, while not impairing
critical ecosystems and not exacerbating global environmental
problems;
(2) are environmentally sustainable in that resources are
conserved and managed in an effort to remove pressure on the
natural resource base and to make judicious use of the land so as
to sustain growth and the availability of all natural resources;
(3) support development that does not exceed the limits imposed
by local hydrological cycles, soil, climate, vegetation, and
human cultural practices;
(4) promote the maintenance and restoration of soils,
vegetation, hydrological cycles, wildlife, critical ecosystems
(tropical forests, wetlands, and coastal marine resources),
biological diversity and other natural resources essential to
economic growth and human well-being and shall, when using
natural resources, be implemented to minimize the depletion of
such natural resources; and
(5) take steps, wherever feasible, to prevent pollution that
threatens human health and important biotic systems and to
achieve patterns of energy consumption that meet human needs and
rely on renewable resources.
(c) Inclusion of certain items in guidelines
The United States Executive Directors shall endeavor to include
the provisions of paragraphs (1) through (5) of subsection (b) of
this section in the guidelines developed through the negotiations
specified in this section.
-SOURCE-
(Pub. L. 95-118, title XVI, Sec. 1614, as added Pub. L. 101-240,
title V, Sec. 512, Dec. 19, 1989, 103 Stat. 2508.)
-MISC1-
PRIOR PROVISIONS
A prior section 1614 of Pub. L. 95-118 was renumbered section
1622 and is classified to section 262p-5 of this title.
-CROSS-
DEFINITIONS
The definitions in section 262p-5 of this title apply to this
section.
-End-
-CITE-
22 USC Sec. 262p-4j 01/06/03
-EXPCITE-
TITLE 22 - FOREIGN RELATIONS AND INTERCOURSE
CHAPTER 7 - INTERNATIONAL BUREAUS, CONGRESSES, ETC.
-HEAD-
Sec. 262p-4j. Promotion of lending for environment
-STATUTE-
The Secretary of the Treasury shall instruct the United States
Executive Director of the International Bank for Reconstruction and
Development to initiate discussions with the other executive
directors of such bank and the management of such bank and propose
that, in order to reduce the future need for bank lending for
reforestation and restoration of environmentally degraded areas,
the bank establish a project and policy based environmental lending
program (including a loan a portion of which could be used to
reduce and restructure private debt), to be made available to
interested countries with a demonstrated commitment to natural
resource conservation, which would be based on -
(1) the estimated long-term economic return which could be
expected from the sustainable use and protection of tropical
forests, including the value of tropical forests for indigenous
people and for science;
(2) the value derived from such services as -
(A) watershed management;
(B) soil erosion control;
(C) the maintenance and improvement of -
(i) fisheries;
(ii) water supply regulation for industrial development;
(iii) food;
(iv) fuel;
(v) fodder; and
(vi) building materials for local communities;
(D) the extraction of naturally occurring products from
locally controlled protected areas; and
(E) indigenous knowledge of the management and use of natural
resources; and
(3) the long-term benefits expected to be derived from
maintaining biological diversity and climate stabilization.
-SOURCE-
(Pub. L. 95-118, title XVI, Sec. 1615, as added Pub. L. 101-240,
title V, Sec. 512, Dec. 19, 1989, 103 Stat. 2510.)
-CROSS-
DEFINITIONS
The definitions in section 262p-5 of this title apply to this
section.
-End-
-CITE-
22 USC Sec. 262p-4k 01/06/03
-EXPCITE-
TITLE 22 - FOREIGN RELATIONS AND INTERCOURSE
CHAPTER 7 - INTERNATIONAL BUREAUS, CONGRESSES, ETC.
-HEAD-
Sec. 262p-4k. Promotion of institution-building for nongovernmental
organizations concerned with environment
-STATUTE-
The Secretary of the Treasury shall instruct the United States
Executive Directors of the multilateral development banks to
vigorously promote the adoption of policies and procedures which
seek to -
(1) increase collaboration with, and, where necessary,
strengthen, nongovernmental organizations in such countries which
are concerned with environmental protection by providing
appropriate assistance and support for programs and activities on
environmental protection; and
(2) encourage international collaboration for information
exchange and project enhancement with nongovernmental
organizations in developing countries which are concerned with
environmental protection and government agencies and private
voluntary organizations in developed countries which are
concerned with environmental protection.
-SOURCE-
(Pub. L. 95-118, title XVI, Sec. 1616, as added Pub. L. 101-240,
title V, Sec. 512, Dec. 19, 1989, 103 Stat. 2510.)
-CROSS-
DEFINITIONS
The definitions in section 262p-5 of this title apply to this
section.
-End-
-CITE-
22 USC Sec. 262p-4l 01/06/03
-EXPCITE-
TITLE 22 - FOREIGN RELATIONS AND INTERCOURSE
CHAPTER 7 - INTERNATIONAL BUREAUS, CONGRESSES, ETC.
-HEAD-
Sec. 262p-4g742l. Improvement of interaction between International
Bank for Reconstruction and Development and nongovernmental
organizations
-STATUTE-
(a) In general
The Secretary of the Treasury shall instruct the United States
Executive Director of the International Bank for Reconstruction and
Development to propose, and urge the Executive Board and the
management of the bank to develop and implement (!1) specific
mechanisms designed to -
(1) substantially improve the ability of the staff of the bank
to interact with nongovernmental organizations and other local
groups that are affected by loans made by the bank to borrower
countries; and
(2) delegate to the field offices of the bank in borrowing
countries greater responsibility for decisions with respect to
proposals for projects in such countries that are to be financed
by the bank.
(b) Certain mechanisms urged
The mechanisms described in subsection (a) of this section shall
include, at a minimum, the following measures:
(1) An instruction to the management of the bank to undertake
efforts to appropriately train and significantly increase the
number of bank professional staff (based in Washington, District
of Columbia, as of November 5, 1990) assigned, on a rotating
basis, to field offices of the bank in borrower countries.
(2) The assignment to at least 1 professional in each field
office of the bank in a borrower country of responsibility for
relations with local nongovernmental organizations, and for the
preparation and submission to appropriate staff of the bank of a
report on the impact of project loans to be made by the bank to
the country, based on views solicited from local people who will
be affected by such loans, which shall be included as part of the
project appraisal report.
(3) The establishment of the Grassroots Collaboration Program
described in section 262p-1(a) of this title.
(4) Before a project loan is made to a borrower country, the
country is to be required to hold open hearings on the proposed
project during project identification and project preparation.
(5) The establishment of assessment procedures which allow
affected parties and nongovernmental organizations to review
information describing a prospective project or policy loan
design, in a timely manner, before the loan is submitted to the
Executive Board for approval.
-SOURCE-
(Pub. L. 95-118, title XVI, Sec. 1617, as added Pub. L. 101-513,
title V, Sec. 562(a)(2), Nov. 5, 1990, 104 Stat. 2032.)
-MISC1-
PRIOR PROVISIONS
A prior section 1617 of Pub. L. 95-118 was renumbered section
1622 and is classified to section 262p-5 of this title.
-CROSS-
DEFINITIONS
The definitions in section 262p-5 of this title apply to this
section.
-FOOTNOTE-
(!1) So in original. Probably should be followed by a comma.
-End-
-CITE-
22 USC Sec. 262p-4m 01/06/03
-EXPCITE-
TITLE 22 - FOREIGN RELATIONS AND INTERCOURSE
CHAPTER 7 - INTERNATIONAL BUREAUS, CONGRESSES, ETC.
-HEAD-
Sec. 262p-4m. Population, health, and nutrition programs
-STATUTE-
The Secretary of the Treasury shall instruct the United States
Executive Director of the International Bank for Reconstruction and
Development to urge the bank to support an increase in the amount
the bank lends annually to support population, health, and
nutrition programs of the borrower countries.
-SOURCE-
(Pub. L. 95-118, title XVI, Sec. 1618, as added Pub. L. 101-513,
title V, Sec. 562(a)(2), Nov. 5, 1990, 104 Stat. 2033.)
-CROSS-
DEFINITIONS
The definitions in section 262p-5 of this title apply to this
section.
-End-
-CITE-
22 USC Sec. 262p-4n 01/06/03
-EXPCITE-
TITLE 22 - FOREIGN RELATIONS AND INTERCOURSE
CHAPTER 7 - INTERNATIONAL BUREAUS, CONGRESSES, ETC.
-HEAD-
Sec. 262p-4n. Equal employment opportunities
-STATUTE-
The Secretary of the Treasury shall instruct the United States
Executive Directors of the multilateral development banks and of
the International Monetary Fund to use the voices and votes of the
Executive Directors to urge their respective banks and the Fund to
adopt a policy which provides, and implement procedures which
ensure, that such banks and the Fund, and the affiliates of such
banks and of the Fund, shall not discriminate against any person on
the basis of race, ethnicity, gender, color, or religious
affiliation in any determination related to employment.
-SOURCE-
(Pub. L. 95-118, title XVI, Sec. 1619, as added Pub. L. 101-513,
title V, Sec. 562(b)(1), Nov. 5, 1990, 104 Stat. 2033.)
-MISC1-
PRIOR PROVISIONS
A prior section 1619 of Pub. L. 95-118 was renumbered section
1622 and is classified to section 262p-5 of this title.
-CROSS-
DEFINITIONS
The definitions in section 262p-5 of this title apply to this
section.
-End-
-CITE-
22 USC Sec. 262p-4o 01/06/03
-EXPCITE-
TITLE 22 - FOREIGN RELATIONS AND INTERCOURSE
CHAPTER 7 - INTERNATIONAL BUREAUS, CONGRESSES, ETC.
-HEAD-
Sec. 262p-4g742o. Respect for indigenous peoples
-STATUTE-
The Secretary of the Treasury shall direct the United States
Executive Directors of the international financial institutions (as
defined in section 262r(c)(2) of this title) and the United States
representative to the council of the Global Environment Facility
administered by the International Bank for Reconstruction and
Development to use the voice and vote of the United States to bring
about the creation and full implementation of policies designed to
promote respect for and full protection of the territorial rights,
traditional economies, cultural integrity, traditional knowledge
and human rights of indigenous peoples.
-SOURCE-
(Pub. L. 95-118, title XVI, Sec. 1620, as added Pub. L. 103-306,
title V, Sec. 526(e), Aug. 23, 1994, 108 Stat. 1633.)
-MISC1-
PRIOR PROVISIONS
A prior section 1620 of Pub. L. 95-118 was renumbered 1622 and is
classified to section 262p-5 of this title.
-CROSS-
DEFINITIONS
The definitions in section 262p-5 of this title apply to this
section.
-End-
-CITE-
22 USC Sec. 262p-4p 01/06/03
-EXPCITE-
TITLE 22 - FOREIGN RELATIONS AND INTERCOURSE
CHAPTER 7 - INTERNATIONAL BUREAUS, CONGRESSES, ETC.
-HEAD-
Sec. 262p-4p. Encouragement of fair labor practices
-STATUTE-
(a) The Secretary of the Treasury shall direct the United States
Executive Directors of the international financial institutions (as
defined in section 262r(c)(2) of this title) to use the voice and
vote of the United States to urge the respective institution -
(1) to adopt policies to encourage borrowing countries to
guarantee internationally recognized worker rights (within the
meaning of section 2467(4) of title 19) and to include the status
of such rights as an integral part of the institution's policy
dialogue with each borrowing country;
(2) in developing the policies referred to in paragraph (1), to
use the relevant conventions of the International Labor
Organization, which have set forth, among other things, the right
of association, the right to organize and bargain collectively, a
prohibition on the use of any form of forced or compulsory labor,
and certain minimum labor standards that take into account
differences in development levels among nations including a
minimum age for the employment of children, acceptable conditions
of work with respect to minimum wages, hours of work, and
occupational safety and health; and
(3) to establish formal procedures to screen projects and
programs funded by the institution for any negative impact in a
borrowing country on the rights referred to in paragraph (1).
(b) The Secretary of the Treasury shall submit to the Committee
on Banking, Finance and Urban Affairs of the House of
Representatives and the Committee on Foreign Relations of the
Senate by the end of each fiscal year a report on the extent to
which each borrowing country guarantees internationally recognized
worker rights to its labor force and on progress toward achieving
each of the goals described in subsection (a) of this section.
-SOURCE-
(Pub. L. 95-118, title XVI, Sec. 1621, as added Pub. L. 103-306,
title V, Sec. 526(e), Aug. 23, 1994, 108 Stat. 1634; amended Pub.
L. 104-188, title I, Sec. 1954(b)(4), Aug. 20, 1996, 110 Stat.
1928.)
-COD-
CODIFICATION
Another section 1621 of Pub. L. 95-118 is classified to section
262p-4q of this title.
-MISC1-
AMENDMENTS
1996 - Subsec. (a)(1). Pub. L. 104-188 substituted "2467(4)" for
"2462(a)(4)".
-CHANGE-
CHANGE OF NAME
Committee on Banking, Finance and Urban Affairs of House of
Representatives treated as referring to Committee on Banking and
Financial Services of House of Representatives by section 1(a) of
Pub. L. 104-14, set out as a note preceding section 21 of Title 2,
The Congress. Committee on Banking and Financial Services of House
of Representatives abolished and replaced by Committee on Financial
Services of House of Representatives, and jurisdiction over matters
relating to securities and exchanges and insurance generally
transferred from Committee on Energy and Commerce of House of
Representatives by House Resolution No. 5, One Hundred Seventh
Congress, Jan. 3, 2001.
-MISC2-
EFFECTIVE DATE OF 1996 AMENDMENT
Amendment by Pub. L. 104-188 applicable to articles entered on or
after Oct. 1, 1996, with provisions relating to retroactive
application, see section 1953 of Pub. L. 104-188, set out as an
Effective Date note under section 2461 of Title 19, Customs Duties.
-CROSS-
DEFINITIONS
The definitions in section 262p-5 of this title apply to this
section.
-End-
-CITE-
22 USC Sec. 262p-4q 01/06/03
-EXPCITE-
TITLE 22 - FOREIGN RELATIONS AND INTERCOURSE
CHAPTER 7 - INTERNATIONAL BUREAUS, CONGRESSES, ETC.
-HEAD-
Sec. 262p-4q. Opposition to assistance by international financial
institutions to terrorist states
-STATUTE-
(a) In general
The Secretary of the Treasury shall instruct the United States
executive director of each international financial institution to
use the voice and vote of the United States to oppose any loan or
other use of the funds of the respective institution to or for a
country for which the Secretary of State has made a determination
under section 2405(j) of title 50, Appendix, or section 2371 of
this title.
(b) "International financial institution" defined
For purposes of this section, the term "international financial
institution" includes -
(1) the International Bank for Reconstruction and Development,
the International Development Association, and the International
Monetary Fund;
(2) wherever applicable, the Inter-American Bank, the Asian
Development Bank, the European Bank for Reconstruction and
Development, the African Development Bank, and the African
Development Fund; and
(3) any similar institution established after April 24, 1996.
-SOURCE-
(Pub. L. 95-118, title XVI, Sec. 1621, as added Pub. L. 104-132,
title III, Sec. 327, Apr. 24, 1996, 110 Stat. 1257.)
-COD-
CODIFICATION
Another section 1621 of Pub. L. 95-118 is classified to section
262p-4p of this title.
-CROSS-
DEFINITIONS
The definitions in section 262p-5 of this title apply to this
section.
-End-
-CITE-
22 USC Sec. 262p-4r 01/06/03
-EXPCITE-
TITLE 22 - FOREIGN RELATIONS AND INTERCOURSE
CHAPTER 7 - INTERNATIONAL BUREAUS, CONGRESSES, ETC.
-HEAD-
Sec. 262p-4r. Use of authority of United States Executive Directors
-STATUTE-
(a) Action by the President
If the President determines that a particular foreign country has
taken or has committed to take actions that contribute to efforts
of the United States to respond to, deter, or prevent acts of
international terrorism, the Secretary may, consistent with other
applicable provisions of law, instruct the United States Executive
Director of each international financial institution to use the
voice and vote of the Executive Director to support any loan or
other utilization of the funds of respective institutions for such
country, or any public or private entity within such country.
(b) Use of voice and vote
The Secretary may instruct the United States Executive Director
of each international financial institution to aggressively use the
voice and vote of the Executive Director to require an auditing of
disbursements at such institutions to ensure that no funds are paid
to persons who commit, threaten to commit, or support terrorism.
(c) Definition
For purposes of this section, the term "international financial
institution" means an institution described in section 262r(c)(2)
of this title.
-SOURCE-
(Pub. L. 107-56, title III, Sec. 360, Oct. 26, 2001, 115 Stat.
329.)
-MISC1-
TERMINATION DATE
Provisions of title III of Pub. L. 107-56 to terminate effective
on and after the first day of fiscal year 2005 if Congress enacts a
joint resolution that such amendments no longer have the force of
law, see section 303 of Pub. L. 107-56, set out as a Four-Year
Congressional Review; Expedited Consideration note under section
5311 of Title 31, Money and Finance.
-CROSS-
"SECRETARY" DEFINED
Secretary means the Secretary of the Treasury, see section
302(b)(5) of Pub. L. 107-56, set out in a note under section 5311
of Title 31, Money and Finance.
-End-
-CITE-
22 USC Sec. 262p-5 01/06/03
-EXPCITE-
TITLE 22 - FOREIGN RELATIONS AND INTERCOURSE
CHAPTER 7 - INTERNATIONAL BUREAUS, CONGRESSES, ETC.
-HEAD-
Sec. 262p-5. Definitions
-STATUTE-
For purposes of this title and titles XIV and XV -
(1) the term "multilateral development bank" means the
International Bank for Reconstruction and Development, the
International Development Association, and the regional
multilateral development banks; and
(2) the term "regional multilateral development bank" means the
Inter-American Development Bank, the African Development Bank,
the African Development Fund, and the Asian Development Bank.
-SOURCE-
(Pub. L. 95-118, title XVI, Sec. 1622, formerly Sec. 1606, as added
Pub. L. 100-202, Sec. 101(e) [title I], Dec. 22, 1987, 101 Stat.
1329-131, 1329-134; renumbered Sec. 1612, Pub. L. 100-461, title V,
Sec. 555, Oct. 1, 1988, 102 Stat. 2268-36; renumbered Sec. 1613,
renumbered Sec. 1614, renumbered Sec. 1617, Pub. L. 101-240, title
II, Sec. 206, title V, Secs. 501, 512, Dec. 19, 1989, 103 Stat.
2499, 2505, 2508; renumbered Sec. 1619, renumbered Sec. 1620, Pub.
L. 101-513, title V, Sec. 562(a)(2), (b)(1), Nov. 5, 1990, 104
Stat. 2032, 2033; renumbered Sec. 1622, Pub. L. 103-306, title V,
Sec. 526(e), Aug. 23, 1994, 108 Stat. 1633.)
-REFTEXT-
REFERENCES IN TEXT
This title and titles XIV and XV, referred to in text, are titles
XVI, XIV, and XV, respectively, of Pub. L. 95-118. Title XIV is
classified to sections 262n to 262n-3 of this title, title XV is
classified to sections 262o to 262o-2 of this title, and title XVI
is classified to sections 262p to 262p-7 of this title. For
complete classification of these titles to the Code, see Tables.
-COD-
CODIFICATION
Section 1622, formerly Sec. 1606, of Pub. L. 95-118 is based on
section 701 of title VII of H.R. 3750, One Hundredth Congress, as
introduced Dec. 11, 1987, and enacted into law by Pub. L. 100-202.
Renumbering of section 1606 of Pub. L. 95-118 as section 1612 was
based on section 6 of H.R. 4645, One Hundredth Congress, as
reported Sept. 28, 1988, and enacted into law by Pub. L. 100-461.
-End-
-CITE-
22 USC Sec. 262p-6 01/06/03
-EXPCITE-
TITLE 22 - FOREIGN RELATIONS AND INTERCOURSE
CHAPTER 7 - INTERNATIONAL BUREAUS, CONGRESSES, ETC.
-HEAD-
Sec. 262p-6. Improvement of the Heavily Indebted Poor Countries
Initiative
-STATUTE-
(a) Improvement of the HIPC Initiative
In order to accelerate multilateral debt relief and promote human
and economic development and poverty alleviation in heavily
indebted poor countries, the Congress urges the President to
commence immediately efforts, with the Paris Club of Official
Creditors, as well as the International Monetary Fund (IMF), the
International Bank for Reconstruction and Development (World Bank),
and other appropriate multilateral development institutions to
accomplish the following modifications to the Heavily Indebted Poor
Countries Initiative:
(1) Focus on poverty reduction, good governance, transparency,
and participation of citizens
A country which is otherwise eligible to receive cancellation
of debt under the modified Heavily Indebted Poor Countries
Initiative may receive such cancellation only if the country has
committed, in connection with social and economic reform programs
that are jointly developed, financed, and administered by the
World Bank and the IMF -
(A) to enable, facilitate, or encourage the implementation of
policy changes and institutional reforms under economic reform
programs, in a manner that ensures that such policy changes and
institutional reforms are designed and adopted through
transparent and participatory processes;
(B) to adopt an integrated development strategy to support
poverty reduction through economic growth, that includes
monitorable poverty reduction goals;
(C) to take steps so that the financial benefits of debt
relief are applied to programs to combat poverty (in particular
through concrete measures to improve economic infrastructure,
basic services in education, nutrition, and health,
particularly treatment and prevention of the leading causes of
mortality) and to redress environmental degradation;
(D) to take steps to strengthen and expand the private
sector, encourage increased trade and investment, support the
development of free markets, and promote broad-scale economic
growth;
(E) to implement transparent policy making and budget
procedures, good governance, and effective anticorruption
measures;
(F) to broaden public participation and popular understanding
of the principles and goals of poverty reduction, particularly
through economic growth, and good governance; and
(G) to promote the participation of citizens and
nongovernmental organizations in the economic policy choices of
the government.
(2) Faster debt relief
The Secretary of the Treasury should urge the IMF and the World
Bank to complete a debt sustainability analysis by December 31,
2000, and determine eligibility for debt relief, for as many of
the countries under the modified Heavily Indebted Poor Countries
Initiative as possible.
(b) Heavily Indebted Poor Countries review
The Secretary of the Treasury, after consulting with the
Committees on Banking and Financial Services and International
Relations of the House of Representatives, and the Committees on
Foreign Relations and Banking, Housing, and Urban Affairs of the
Senate, shall make every effort (including instructing the United
States Directors at the IMF and World Bank) to ensure that an
external assessment of the modified Heavily Indebted Poor Countries
Initiative, including the reformed Enhanced Structural Adjustment
Facility program as it relates to that Initiative, takes place by
December 31, 2001, incorporating the views of debtor governments
and civil society, and that such assessment be made public.
(c) Definition
The term "modified Heavily Indebted Poor Countries Initiative"
means the multilateral debt initiative presented in the Report of
G-7 Finance Ministers on the Ko&245;ln Debt Initiative to the
Ko&245;ln Economic Summit, Cologne, Germany, held from June 18-20,
1999.
-SOURCE-
(Pub. L. 95-118, title XVI, Sec. 1623, as added Pub. L. 106-113,
div. B, Sec. 1000(a)(5) [title V, Sec. 502], Nov. 29, 1999, 113
Stat. 1536, 1501A-313.)
-CHANGE-
CHANGE OF NAME
Committee on Banking and Financial Services of House of
Representatives abolished and replaced by Committee on Financial
Services of House of Representatives, and jurisdiction over matters
relating to securities and exchanges and insurance generally
transferred from Committee on Energy and Commerce of House of
Representatives by House Resolution No. 5, One Hundred Seventh
Congress, Jan. 3, 2001.
-CROSS-
DEFINITIONS
The definitions in section 262p-5 of this title apply to this
section.
-SECREF-
SECTION REFERRED TO IN OTHER SECTIONS
This section is referred to in sections 262p-7, 286nn of this
title.
-End-
-CITE-
22 USC Sec. 262p-7 01/06/03
-EXPCITE-
TITLE 22 - FOREIGN RELATIONS AND INTERCOURSE
CHAPTER 7 - INTERNATIONAL BUREAUS, CONGRESSES, ETC.
-HEAD-
Sec. 262p-7. Reform of the Enhanced Structural Adjustment Facility
-STATUTE-
The Secretary of the Treasury shall instruct the United States
Executive Directors at the International Bank for Reconstruction
and Development (World Bank) and the International Monetary Fund
(IMF) to use the voice and vote of the United States to promote the
establishment of poverty reduction strategy policies and procedures
at the World Bank and the IMF that support countries' efforts under
programs developed and jointly administered by the World Bank and
the IMF that have the following components:
(1) The development of country-specific poverty reduction
strategies (Poverty Reduction Strategies) under the leadership of
such countries that -
(A) will be set out in poverty reduction strategy papers
(PRSPs) that provide the basis for the lending operations of
the International Development Association (IDA) and the
reformed Enhanced Structural Adjustment Facility (ESAF);
(B) will reflect the World Bank's role in poverty reduction
and the IMF's role in macroeconomic issues;
(C) will make the IMF's and the World Bank's advice and
operations fully consistent with the objectives of poverty
reduction through broad-based economic growth; and
(D) should include -
(i) implementation of transparent budgetary procedures and
mechanisms to help ensure that the financial benefits of debt
relief under the modified Heavily Indebted Poor Countries
Initiative (as defined in section 262p-6 of this title) are
applied to programs that combat poverty; and
(ii) monitorable indicators of progress in poverty
reduction.
(2) The adoption of procedures for periodic comprehensive
reviews of reformed ESAF and IDA programs to help ensure progress
toward longer-term poverty goals outlined in the Poverty
Reduction Strategies and to allow adjustments in such programs.
(3) The publication of the PRSPs prior to Executive Board
review of related programs under IDA and the reformed ESAF.
(4) The establishment of a standing evaluation unit at the IMF,
similar to the Operations Evaluation Department of the World
Bank, that would report directly to the Executive Board of the
IMF and that would undertake periodic reviews of IMF operations,
including the operations of the reformed ESAF, including -
(A) assessments of experience under the reformed ESAF
programs in the areas of poverty reduction, economic growth,
and access to basic social services;
(B) assessments of the extent and quality of participation in
program design by citizens;
(C) verifications that reformed ESAF programs are designed in
a manner consistent with the Poverty Reduction Strategies; and
(D) prompt release to the public of all reviews by the
standing evaluation unit.
(5) The promotion of clearer conditionality in IDA and reformed
ESAF programs that focuses on reforms most likely to support
poverty reduction through broad-based economic growth.
(6) The adoption by the IMF of policies aimed at reforming ESAF
so that reformed ESAF programs are consistent with the Poverty
Reduction Strategies.
(7) The adoption by the World Bank of policies to help ensure
that its lending operations in countries eligible for debt relief
under the modified Heavily Indebted Poor Countries Initiative are
consistent with the Poverty Reduction Strategies.
(8) Strengthening the linkage between borrower country
performance and lending operations by IDA and the reformed ESAF
on the basis of clear and monitorable indictors.(!1)
(9) Full public disclosure of the proposed objectives and
financial organization of the successor to the ESAF at least 90
days before any decision by the Executive Board of the IMF to
consider its adoption.
-SOURCE-
(Pub. L. 95-118, title XVI, Sec. 1624, as added Pub. L. 106-113,
div. B, Sec. 1000(a)(5) [title V, Sec. 502], Nov. 29, 1999, 113
Stat. 1536, 1501A-314.)
-CROSS-
DEFINITIONS
The definitions in section 262p-5 of this title apply to this
section.
-FOOTNOTE-
(!1) So in original. Probably should be "indicators".
-End-
-CITE-
22 USC Sec. 262q 01/06/03
-EXPCITE-
TITLE 22 - FOREIGN RELATIONS AND INTERCOURSE
CHAPTER 7 - INTERNATIONAL BUREAUS, CONGRESSES, ETC.
-HEAD-
Sec. 262q. Transferred
-COD-
CODIFICATION
Section, Pub. L. 100-418, title III, Sec. 3202, Aug. 23, 1988,
102 Stat. 1382, which related to multilateral development bank
procurement, was renumbered section 1801 of title XVIII of Pub. L.
95-118, by Pub. L. 101-240, title V, Sec. 541(b)(1), Dec. 19, 1989,
103 Stat. 2517, and transferred to section 262s of this title.
-End-
-CITE-
22 USC Sec. 262r 01/06/03
-EXPCITE-
TITLE 22 - FOREIGN RELATIONS AND INTERCOURSE
CHAPTER 7 - INTERNATIONAL BUREAUS, CONGRESSES, ETC.
-HEAD-
Sec. 262r. Annual report by Chairman of National Advisory Council
on International Monetary and Financial Policies
-STATUTE-
(a) In general
The Chairman shall report annually to the Speaker of the House of
Representatives, the President of the Senate, and to the President
of the United States on the participation of the United States in
the international financial institutions. The Chairman shall
present such report to the Speaker of the House of Representatives
and the President of the Senate not later than April 1 of each year
following the close of the fiscal year covered by such report,
except that the report for fiscal year 1989 shall be submitted not
later than June 1, 1990.
(b) Contents of reports
Each annual report required by subsection (a) of this section
shall contain -
(1) such data and explanations concerning the effectiveness,
operations, and policies of the international financial
institutions, such recommendations concerning the international
financial institutions, and such other data and material as the
Chairman may deem appropriate;
(2) the reports on each specific issue and topic which is
required by any other provision of law to be included in the
report of the National Advisory Council on International Monetary
and Financial Policies required by section 286b(b)(5) of this
title, as in effect immediately before December 19, 1989;
(3) a description of each loan or other form of financial
assistance approved by any international financial institution
during the fiscal year covered by such report, and a discussion
of how such loan or financial assistance will benefit the people,
particularly the poor people, of the recipient country;
(4) a review of the success achieved through the multilateral
development banks in reducing or eliminating import restrictions
and unfair export subsidies which -
(A) have been determined to be consistent with international
agreements; and
(B) have a serious adverse impact on the United States;
(5) a description of the actions taken and the progress made in
carrying out subsections (a) and (b) of section 286cc of this
title;
(6) the report required by section 2018(c) of the International
Narcotics Act of 1986 (title II of Public Law 99-570), discussing
the actions taken and progress made in encouraging the
multilateral development banks to finance drug eradication and
crop substitution programs;
(7) a description of the progress made by the United States
Executive Director of the International Monetary Fund with
respect to the goals of section 286kk of this title;
(8) a description of the status of procedures in the
multilateral development banks specifically designed to increase
the productive role of the poor in the economies of the nations
which are borrowers from such banks;
(9) in consultation with the Secretary of State, a report on
the progress toward achieving the goals of title VII (other than
section 262e of this title), including the information required
to be reported pursuant to section 262d(c) of this title, and,
for the fiscal year 1990, the report described in section 262p-4h
of this title;
(10) in consultation with the Secretary of State and the
Administrator of the Agency for International Development, an
assessment of the progress being made to implement the objectives
of title XIII; and
(11) a report on -
(A) the progress made in transforming government-owned
enterprises into privately owned enterprises as described in
section 262p-4g(b) of this title;
(B) the performance of the privately owned enterprises
resulting from such transformation; and
(C) the contributions of development finance companies toward
strengthening the private sector in member borrowing countries.
(c) Definitions
As used in this title, title XVIII, and title XIX:
(1) Chairman
The term "Chairman" means the Chairman of the National Advisory
Council on International Monetary and Financial Policies.
(2) International financial institutions
The term "international financial institutions" means the
International Monetary Fund, International Bank for
Reconstruction and Development, European Bank for Reconstruction
and Development, International Development Association,
International Finance Corporation, Multilateral Investment
Guarantee Agency, African Development Bank, African Development
Fund, Asian Development Bank, Inter-American Development Bank
(!1) Bank for Economic Cooperation and Development in the Middle
East and North Africa,,(!2) and Inter-American Investment
Corporation.
(3) Multilateral development institutions
The term "multilateral development institutions" means the
international financial institutions other than the International
Monetary Fund.
(4) Multilateral development banks
The term "multilateral development banks" means the
multilateral development institutions other than the Multilateral
Investment Guarantee Agency.
(d) Testimony required
Upon request of the Committee on Banking, Finance and Urban
Affairs of the House of Representatives, the Chairman shall testify
before the Committee to support and explain each annual report
required by subsection (a) of this section. If the President has
delegated to a person or persons other than the Chairman the
authority to manage United States participation in the
international financial institutions which was vested in the
President by section 1(b) of the Reorganization Plan No. 4 of 1965,
such person or persons shall, upon request of the Committee,
accompany the Chairman and testify before the Committee with regard
to such report. The Chairman and such other person or persons shall
assess, in their testimony, the effectiveness of the international
financial institutions, the major issues affecting United States
participation, the major developments in the past year, the
prospects for the coming year, United States policy goals with
respect to the international financial institutions, and any
specific issues addressed to them by any member of the Committee.
(e) Advisory Committee on IMF policy
(1) In general
The Secretary of the Treasury should establish an International
Monetary Fund Advisory Committee (in this subsection referred to
as the "Advisory Committee").
(2) Membership
The Advisory Committee should consist of members appointed by
the Secretary of the Treasury, after appropriate consultations
with the relevant organizations. Such members should include
representatives from industry, representatives from agriculture,
representatives from organized labor, representatives from
banking and financial services, and representatives from
nongovernmental environmental and human rights organizations.
-SOURCE-
(Pub. L. 95-118, title XVII, Sec. 1701, as added Pub. L. 101-240,
title V, Sec. 541(a), Dec. 19, 1989, 103 Stat. 2514; amended Pub.
L. 101-513, title V, Sec. 562(c)(10)(A), Nov. 5, 1990, 104 Stat.
2036; Pub. L. 104-208, div. A, title I, Sec. 101(c) [title VII,
Sec. 710(a)], Sept. 30, 1996, 110 Stat. 3009-121, 3009-181; Pub. L.
105-277, div. A, Sec. 101(d) [title VI, Sec. 610(b)], Oct. 21,
1998, 112 Stat. 2681-150, 2681-228.)
-REFTEXT-
REFERENCES IN TEXT
Section 2018(c) of the International Narcotics Act of 1986,
referred to in subsec. (b)(6), means section 2018(c) of Pub. L.
99-570, known as the International Narcotics Control Act of 1986,
which is set out as a note under section 2291 of this title.
This title and titles VII, XIII, XVIII, and XIX, referred to in
subsecs. (b)(9), (10) and (c), are titles XVII, VII, XIII, XVIII,
and XIX, respectively, of Pub. L. 95-118. Title VII enacted
sections 262d and 262e of this title, repealed sections 283y, 284m,
and 290g-9 of this title, and enacted provisions set out as a note
under section 262c of this title. Title XIII is classified to
sections 262m to 262m-7 of this title. Title XVII is classified to
sections 262r to 262r-5 of this title. Title XVIII is classified to
sections 262s to 262s-2 of this title. Title XIX is classified to
section 262t of this title. For complete classification of these
titles to the Code, see Tables.
Reorganization Plan No. 4 of 1965, referred to in subsec. (d), is
set out in the Appendix to Title 5, Government Organization and
Employees.
-MISC1-
AMENDMENTS
1998 - Subsec. (e). Pub. L. 105-277 added subsec. (e).
1996 - Subsec. (c)(2). Pub. L. 104-208 inserted "Bank for
Economic Cooperation and Development in the Middle East and North
Africa," after "Inter-American Development Bank".
1990 - Subsec. (c)(2). Pub. L. 101-513 inserted "European Bank
for Reconstruction and Development," before "International
Development Association,".
-CHANGE-
CHANGE OF NAME
Committee on Banking, Finance and Urban Affairs of House of
Representatives treated as referring to Committee on Banking and
Financial Services of House of Representatives by section 1(a) of
Pub. L. 104-14, set out as a note preceding section 21 of Title 2,
The Congress. Committee on Banking and Financial Services of House
of Representatives abolished and replaced by Committee on Financial
Services of House of Representatives, and jurisdiction over matters
relating to securities and exchanges and insurance generally
transferred from Committee on Energy and Commerce of House of
Representatives by House Resolution No. 5, One Hundred Seventh
Congress, Jan. 3, 2001.
-MISC2-
CONTENTS OF REPORTS; APPLICABILITY OF STATUTORY REQUIREMENTS
Pub. L. 105-277, div. A, Sec. 101(d) [title V, Sec. 583], Oct.
21, 1998, 112 Stat. 2681-150, 2681-202, provided that:
"(a) Notwithstanding any other provision of law, each annual
report required by subsection 1701(a) of the International
Financial Institutions Act, as amended (Public Law 95-118, 22
U.S.C. 262r), shall comprise -
"(1) an assessment of the effectiveness of the major policies
and operations of the international financial institutions;
"(2) the major issues affecting United States participation;
"(3) the major developments in the past year;
"(4) the prospects for the coming year;
"(5) the progress made and steps taken to achieve United States
policy goals (including major policy goals embodied in current
law) with respect to the international financial institutions;
and
"(6) such data and explanations concerning the effectiveness,
operations, and policies of the international financial
institutions, such recommendations concerning the international
financial institutions, and such other data and material as the
Chairman may deem appropriate.
"(b) The requirements of Sections 1602(e), 1603(c), 1604(c), and
1701(b) of the International Financial Institutions Act, as amended
(Public Law 95-118, 22 U.S.C. 262p-1, 262p-2, 262p-3 and 262(r)
[262r]), Section 2018(c) of the International Narcotics Control Act
of 1986, as amended (Public Law 99-570, 22 U.S.C. 2291 note),
Section 407(c) of the Foreign Debt Reserving Act of 1989 (Public
Law 101-240, 22 U.S.C. 2291 note), Section 14(c) of the
Inter-American Development Bank Act, as amended (Public Law 86-147,
22 U.S.C. 283j-1(c)), and Section 1002 of the Freedom for Russia
and Emerging Eurasian Democracies and Open Markets Support Act of
1992 (Public Law 102-511) (22 U.S.C. 286ll(b)) shall no longer
apply to the contents of such annual reports."
INTERNATIONAL FINANCIAL INSTITUTION ADVISORY COMMISSION
Pub. L. 105-277, div. A, Sec. 101(d) [title VI, Sec. 603], Oct.
21, 1998, 112 Stat. 2681-150, 2681-220, provided that:
"(a) In General. - The Secretary of the Treasury shall establish
an International Financial Institution Advisory Commission (in this
section referred to as the 'Commission').
"(b) Membership. -
"(1) In general. - The Commission shall be composed of 11
members, as follows:
"(A) 3 members appointed by the Speaker of the House of
Representatives.
"(B) 3 members appointed by the Majority Leader of the
Senate.
"(C) 5 members appointed jointly by the Minority Leader of
the House of Representatives and the Minority Leader of the
Senate.
"(2) Timing of appointments. - All appointments to the
Commission shall be made not later than 45 days after the date of
enactment of this Act [Oct. 21, 1998].
"(3) Chairman. - The Majority Leader of the Senate, after
consultation with the Speaker of the House of Representatives and
the Minority Leaders of the House of Representatives and the
Senate, shall designate 1 of the members of the Commission to
serve as Chairman of the Commission.
"(c) Qualifications. -
"(1) Expertise. - Members of the Commission shall be appointed
from among those with knowledge and expertise in the workings of
the international financial institutions (as defined in section
1701(c)(2) of the International Financial Institutions Act [22
U.S.C. 262r(c)(2)]), the World Trade Organization, and the Bank
for International Settlements.
"(2) Former affiliation. - At least 4 members of the Commission
shall be individuals who were officers or employees of the
Executive Branch before January 20, 1992, and not more than half
of such 4 members shall have served under Presidents from the
same political party.
"(d) Period of Appointment; Vacancies. - Members shall be
appointed for the life of the Commission. Any vacancy in the
Commission shall be filled in the same manner as the original
appointment was made.
"(e) Duties of the Commission. - The Commission shall advise and
report to the Congress on the future role and responsibilities of
the international financial institutions (as defined in section
1701(c)(2) of the International Financial Institutions Act [22
U.S.C. 262r(c)(2)]), the World Trade Organization, and the Bank for
International Settlements. In carrying out such duties, the
Commission shall meet with and advise the Secretary of the Treasury
or the Deputy Secretary of the Treasury, and shall examine -
"(1) the effect of globalization, increased trade, capital
flows, and other relevant factors on such institutions;
"(2) the adequacy, efficacy, and desirability of current
policies and programs at such institutions as well as their
suitability for respective beneficiaries of such institutions;
"(3) cooperation or duplication of functions and
responsibilities of such institutions; and
"(4) other matters the Commission deems necessary to make
recommendations pursuant to subsection (g).
"(f) Powers and Procedures of the Commission. -
"(1) Hearings. - The Commission or, at its direction, any panel
or member of the Commission may, for the purpose of carrying out
the provisions of this section, hold hearings, sit and act at
times and places, take testimony, receive evidence, and
administer oaths to the extent that the Commission or any panel
or member considers advisable.
"(2) Information. - The Commission may secure directly
information that the Commission considers necessary to enable the
Commission to carry out its responsibilities under this section.
"(3) Meetings. - The Commission shall meet at the call of the
Chairman.
"(g) Report. - On the termination of the Commission, the
Commission shall submit to the Secretary of the Treasury and the
appropriate committees a report that contains recommendations
regarding the following matters:
"(1) Changes to policy goals set forth in the Bretton Woods
Agreements Act [22 U.S.C. 286 et seq.] and the International
Financial Institutions Act [see Short Title of 1977 Amendment
note set out under section 261 of this title].
"(2) Changes to the charters, organizational structures,
policies and programs of the international financial institutions
(as defined in section 1701(c)(2) of the International Financial
Institutions Act [22 U.S.C. 262r(c)(2)]).
"(3) Additional monitoring tools, global standards, or
regulations for, among other things, global capital flows,
bankruptcy standards, accounting standards, payment systems, and
safety and soundness principles for financial institutions.
"(4) Possible mergers or abolition of the international
financial institutions (as defined in section 1701(c)(2) of the
International Financial Institutions Act [22 U.S.C. 262r(c)(2)]),
including changes to the manner in which such institutions
coordinate their policy and program implementation and their
roles and responsibilities.
"(5) Any additional changes necessary to stabilize currencies,
promote continued trade liberalization and to avoid future
financial crises.
"(h) Termination. - The Commission shall terminate 6 months after
the first meeting of the Commission, which shall be not later than
30 days after the appointment of all members of the Commission.
"(i) Reports by the Executive Branch. -
"(1) Within three months after receiving the report of the
Commission under subsection (g), the President of the United
States through the Secretary of the Treasury shall report to the
appropriate committees on the desirability and feasibility of
implementing the recommendations contained in the report.
"(2) Annually, for three years after the termination of the
Commission, the President of the United States through the
Secretary of the Treasury shall submit to the appropriate
committees a report on the steps taken, if any, through relevant
international institutions and international fora to implement
such recommendations as are deemed feasible and desirable under
paragraph (1)."
PROGRESS REPORTS TO CONGRESS ON UNITED STATES INITIATIVES TO UPDATE
ARCHITECTURE OF INTERNATIONAL MONETARY SYSTEM
Pub. L. 105-277, div. A, Sec. 101(d) [title VI, Sec. 606], Oct.
21, 1998, 112 Stat. 2681-150, 2681-223, provided that: "Not later
than July 15, 1999, and July 15, 2000, the Secretary of the
Treasury shall report to the Chairmen and Ranking Members of the
appropriate committees on the progress of efforts to reform the
architecture of the international monetary system. The reports
shall include a discussion of the substance of the United States
position in consultations with other governments and the degree of
progress in achieving international acceptance and implementation
of such position with respect to the following issues:
"(1) Adapting the mission and capabilities of the International
Monetary Fund to take better account of the increased importance
of cross-border capital flows in the world economy and improving
the coordination of its responsibilities and activities with
those of the International Bank for Reconstruction and
Development.
"(2) Advancing measures to prevent, and improve the management
of, international financial crises, including by -
"(A) integrating aspects of national bankruptcy principles
into the management of international financial crises where
feasible; and
"(B) changing investor expectations about official rescues,
thereby reducing moral hazard and systemic risk in
international financial markets,
in order to help minimize the adjustment costs that the
resolution of financial crises may impose on the real economy, in
the form of disrupted patterns of trade, employment, and progress
in living standards, and reduce the frequency and magnitude of
claims on United States taxpayer resources.
"(3) Improving international economic policy cooperation,
including among the Group of Seven countries, to take better
account of the importance of cross-border capital flows in the
determination of exchange rate relationships.
"(4) Improving international cooperation in the supervision and
regulation of financial institutions and markets.
"(5) Strengthening the financial sector in emerging economies,
including by improving the coordination of financial sector
liberalization with the establishment of strong public and
private institutions in the areas of prudential supervision,
accounting and disclosure conventions, bankruptcy laws and
administrative procedures, and the collection and dissemination
of economic and financial statistics, including the maturity
structure of foreign indebtedness.
"(6) Advocating that implementation of European Economic and
Monetary Union and the advent of the European Currency Unit, or
euro, proceed in a manner that is consistent with strong global
economic growth and stability in world financial markets."
-CROSS-
DEFINITIONS
Pub. L. 105-277, div. A, Sec. 101(d) [title VI, Sec. 607], Oct.
21, 1998, 112 Stat. 2681-150, 2681-224, as amended by Pub. L.
106-200, title IV, Sec. 404(a), May 18, 2000, 114 Stat. 291,
provided that: "For purposes of sections 601 through 606 of this
title [see Tables for classification], the term 'appropriate
committees' means the Committees on Appropriations, Foreign
Relations, Finance, and Banking, Housing, and Urban Affairs of the
Senate and the Committees on Appropriations, Ways and Means, and
Banking and Financial Services [now Committee on Financial
Services] of the House of Representatives."
-SECREF-
SECTION REFERRED TO IN OTHER SECTIONS
This section is referred to in sections 262o-1, 262o-2, 262p-4o,
262p-4p, 262p-4r, 2421 of this title.
-FOOTNOTE-
(!1) So in original. Probably should be followed by a comma.
(!2) So in original.
-End-
-CITE-
22 USC Sec. 262r-1 01/06/03
-EXPCITE-
TITLE 22 - FOREIGN RELATIONS AND INTERCOURSE
CHAPTER 7 - INTERNATIONAL BUREAUS, CONGRESSES, ETC.
-HEAD-
Sec. 262r-1. Transmission to the Congress of operating summaries of
the multilateral development banks
-STATUTE-
The Secretary of the Treasury shall transmit to the Congress, on
a monthly basis, current copies of the Monthly Operating Summary of
the International Bank for Reconstruction and Development, showing
the loan proposals or appraisal reports under consideration and the
status of those loan proposals or appraisal reports within the
Bank. The Secretary of the Treasury shall also transmit to the
Congress, at such times as may be appropriate, comparable documents
prepared by the other multilateral development banks which show the
loans or credits under consideration in the other multilateral
development banks.
-SOURCE-
(Pub. L. 95-118, title XVII, Sec. 1702, as added Pub. L. 101-240,
title V, Sec. 541(a), Dec. 19, 1989, 103 Stat. 2516.)
-CROSS-
DEFINITIONS
The definitions in section 262r of this title apply to this
section.
-End-
-CITE-
22 USC Sec. 262r-2 01/06/03
-EXPCITE-
TITLE 22 - FOREIGN RELATIONS AND INTERCOURSE
CHAPTER 7 - INTERNATIONAL BUREAUS, CONGRESSES, ETC.
-HEAD-
Sec. 262r-2. Combined report on effect of pending multilateral
development bank loans on environment, natural resources, public
health, and indigenous peoples
-STATUTE-
Not later than April 1 and October 1 of each year, the
Administrator of the Agency for International Development, in
consultation with the Secretary of the Treasury and the Secretary
of State, shall submit to the Committee on Appropriations and the
Committee on Banking, Finance and Urban Affairs of the House of
Representatives, and the Committee on Appropriations and the
Committee on Foreign Relations of the Senate, as a combined report,
the reports required by section 262m-2(c) of this title and by
section 537(h)(2) of the Foreign Operations, Export Financing, and
Related Programs Appropriations Act, 1988 (sec. 1(e) of Public Law
100-202).
-SOURCE-
(Pub. L. 95-118, title XVII, Sec. 1703, as added Pub. L. 101-240,
title V, Sec. 541(a), Dec. 19, 1989, 103 Stat. 2516.)
-REFTEXT-
REFERENCES IN TEXT
Section 537(h)(2) of the Foreign Operations, Export Financing,
and Related Programs Appropriations Act, 1988, referred to in text,
is Pub. L. 100-202, Sec. 101(e) [title V, Sec. 537(h)(2)], Dec. 22,
1987, 101 Stat. 1329-131, 1329-163, which was classified to section
262l of this title.
-CHANGE-
CHANGE OF NAME
Committee on Banking, Finance and Urban Affairs of House of
Representatives treated as referring to Committee on Banking and
Financial Services of House of Representatives by section 1(a) of
Pub. L. 104-14, set out as a note preceding section 21 of Title 2,
The Congress. Committee on Banking and Financial Services of House
of Representatives abolished and replaced by Committee on Financial
Services of House of Representatives, and jurisdiction over matters
relating to securities and exchanges and insurance generally
transferred from Committee on Energy and Commerce of House of
Representatives by House Resolution No. 5, One Hundred Seventh
Congress, Jan. 3, 2001.
-CROSS-
DEFINITIONS
The definitions in section 262r of this title apply to this
section.
-End-
-CITE-
22 USC Sec. 262r-3 01/06/03
-EXPCITE-
TITLE 22 - FOREIGN RELATIONS AND INTERCOURSE
CHAPTER 7 - INTERNATIONAL BUREAUS, CONGRESSES, ETC.
-HEAD-
Sec. 262r-3. Reports on financial stabilization programs led by
International Monetary Fund in connection with financing from
Exchange Stabilization Fund
-STATUTE-
(a) In general
The Secretary of the Treasury, in consultation with the Secretary
of Commerce and other appropriate Federal agencies, shall prepare
reports on the implementation of financial stabilization programs
(and any material terms and conditions thereof) led by the
International Monetary Fund in countries in connection with which
the United States has made a commitment to provide, or has provided
financing from the stabilization fund established under section
5302 of title 31. The reports shall include the following:
(1) A description of the condition of the economies of
countries requiring the financial stabilization programs,
including the monetary, fiscal, and exchange rate policies of the
countries.
(2) A description of the degree to which the countries
requiring the financial stabilization programs have fully
implemented financial sector restructuring and reform measures
required by the International Monetary Fund, including -
(A) ensuring full respect for the commercial orientation of
commercial bank lending;
(B) ensuring that governments will not intervene in bank
management and lending decisions (except in regard to
prudential supervision);
(C) the enactment and implementation of appropriate financial
reform legislation;
(D) strengthening the domestic financial system and improving
transparency and supervision; and
(E) the opening of domestic capital markets.
(3) A description of the degree to which the countries
requiring the financial stabilization programs have fully
implemented reforms required by the International Monetary Fund
that are directed at corporate governance and corporate
structure, including -
(A) making nontransparent conglomerate practices more
transparent through the application of internationally accepted
accounting practices, independent external audits, full
disclosure, and provision of consolidated statements; and
(B) ensuring that no government subsidized support or tax
privileges will be provided to bail out individual
corporations, particularly in the semiconductor, steel, and
paper industries.
(4) A description of the implementation of reform measures
required by the International Monetary Fund to deregulate and
privatize economic activity by ending domestic monopolies,
undertaking trade liberalization, and opening up restricted areas
of the economy to foreign investment and competition.
(5) A detailed description of the trade policies of the
countries, including any unfair trade practices or adverse
effects of the trade policies on the United States.
(6) A description of the extent to which the financial
stabilization programs have resulted in appropriate
burden-sharing among private sector creditors, including
rescheduling of outstanding loans by lengthening maturities,
agreements on debt reduction, and the extension of new credit.
(7) A description of the extent to which the economic
adjustment policies of the International Monetary Fund and the
policies of the government of the country adequately balance the
need for financial stabilization, economic growth, environmental
protection, social stability, and equity for all elements of the
society.
(8) Whether International Monetary Fund involvement in labor
market flexibility measures has had a negative effect on core
worker rights, particularly the rights of free association and
collective bargaining.
(9) A description of any pattern of abuses of core worker
rights in recipient countries.
(10) The amount, rate of interest, and disbursement and
repayment schedules of any funds disbursed from the stabilization
fund established under section 5302 of title 31, in the form of
loans, credits, guarantees, or swaps, in support of the financial
stabilization programs.
(11) The amount, rate of interest, and disbursement and
repayment schedules of any funds disbursed by the International
Monetary Fund to the countries in support of the financial
stabilization programs.
(b) Timing
Not later than March 15, 1999, and semiannually thereafter, the
Secretary of the Treasury shall submit to the Committees on Banking
and Financial Services, Ways and Means, and International Relations
of the House of Representatives and the Committees on Finance,
Foreign Relations, and Banking, Housing, and Urban Affairs of the
Senate a report on the matters described in subsection (a) of this
section.
-SOURCE-
(Pub. L. 95-118, title XVII, Sec. 1704, as added Pub. L. 105-277,
div. A, Sec. 101(d) [title VI, Sec. 612], Oct. 21, 1998, 112 Stat.
2681-150, 2681-228; amended Pub. L. 106-200, title IV, Sec. 404(b),
May 18, 2000, 114 Stat. 292.)
-MISC1-
AMENDMENTS
2000 - Subsec. (b). Pub. L. 106-200 amended heading and text of
subsec. (b) generally. Prior to amendment, text read as follows:
"Not later than March 15, 1999, and semiannually thereafter, the
Secretary of the Treasury shall submit to the Committees on Banking
and Financial Services and International Relations of the House of
Representatives and the Committees on Foreign Relations, and
Banking, Housing, and Urban Affairs of the Senate a report on the
matters described in subsection (a) of this section."
-CHANGE-
CHANGE OF NAME
Committee on Banking and Financial Services of House of
Representatives abolished and replaced by Committee on Financial
Services of House of Representatives, and jurisdiction over matters
relating to securities and exchanges and insurance generally
transferred from Committee on Energy and Commerce of House of
Representatives by House Resolution No. 5, One Hundred Seventh
Congress, Jan. 3, 2001.
-CROSS-
DEFINITIONS
The definitions in section 262r of this title apply to this
section.
-End-
-CITE-
22 USC Sec. 262r-4 01/06/03
-EXPCITE-
TITLE 22 - FOREIGN RELATIONS AND INTERCOURSE
CHAPTER 7 - INTERNATIONAL BUREAUS, CONGRESSES, ETC.
-HEAD-
Sec. 262r-4. Annual report and testimony on state of international
financial system, IMF reform, and compliance with IMF agreements
-STATUTE-
(a) Reports
Not later than October 1 of each year, the Secretary of the
Treasury shall submit to the Committees on Banking and Financial
Services and on Ways and Means of the House of Representatives and
the Committees on Finance and on Foreign Relations of the Senate a
written report on (1) the progress (if any) made by the United
States Executive Director at the International Monetary Fund in
influencing the International Monetary Fund to adopt the policies
and reform its internal procedures in the manner described in
section 262o-2 of this title, and (2) the progress made by the
International Monetary Fund in adopting and implementing the
policies described in section 801(c)(1)(B) of the Foreign
Operations, Export Financing, and Related Programs Appropriations
Act, 2001.
(b) Testimony
After submitting the report required by subsection (a) of this
section but not later than March 1 of each year, the Secretary of
the Treasury shall appear before the Committee on Banking and
Financial Services of the House of Representatives and the
Committee on Foreign Relations of the Senate and present testimony
on -
(1) any progress made in reforming the International Monetary
Fund;
(2) the status of efforts to reform the international financial
system; and
(3) the compliance of countries which have received assistance
from the International Monetary Fund with agreements made as a
condition of receiving the assistance.
-SOURCE-
(Pub. L. 95-118, title XVII, Sec. 1705, as added Pub. L. 105-277,
div. A, Sec. 101(d) [title VI, Sec. 613], Oct. 21, 1998, 112 Stat.
2681-150, 2681-230; amended Pub. L. 106-200, title IV, Sec. 404(c),
May 18, 2000, 114 Stat. 292; Pub. L. 106-429, Sec. 101(a) [title
VIII, Sec. 803(c)], Nov. 6, 2000, 114 Stat. 1900, 1900A-67.)
-REFTEXT-
REFERENCES IN TEXT
Section 801(c)(1)(B) of the Foreign Operations, Export Financing,
and Related Programs Appropriations Act, 2001, referred to in
subsec. (a)(2), is section 801(c)(1)(B) of Pub. L. 106-429, Sec.
101(a) [title VIII], Nov. 6, 2000, 114 Stat. 1900, 1900A-65, which
is not classified to the Code.
-MISC1-
AMENDMENTS
2000 - Subsec. (a). Pub. L. 106-429 inserted "(1)" after "a
written report on" and inserted before period at end ", and (2) the
progress made by the International Monetary Fund in adopting and
implementing the policies described in section 801(c)(1)(B) of the
Foreign Operations, Export Financing, and Related Programs
Appropriations Act, 2001".
Pub. L. 106-200 substituted "Committees on Banking and Financial
Services and on Ways and Means of the House of Representatives and
the Committees on Finance and on Foreign Relations of the Senate"
for "Committee on Banking and Financial Services of the House of
Representatives and the Committee on Foreign Relations of the
Senate".
-CHANGE-
CHANGE OF NAME
Committee on Banking and Financial Services of House of
Representatives abolished and replaced by Committee on Financial
Services of House of Representatives, and jurisdiction over matters
relating to securities and exchanges and insurance generally
transferred from Committee on Energy and Commerce of House of
Representatives by House Resolution No. 5, One Hundred Seventh
Congress, Jan. 3, 2001.
-CROSS-
DEFINITIONS
The definitions in section 262r of this title apply to this
section.
-End-
-CITE-
22 USC Sec. 262r-5 01/06/03
-EXPCITE-
TITLE 22 - FOREIGN RELATIONS AND INTERCOURSE
CHAPTER 7 - INTERNATIONAL BUREAUS, CONGRESSES, ETC.
-HEAD-
Sec. 262r-5. Repealed. Pub. L. 106-429, Sec. 101(a) [title V, Sec.
592], Nov. 6, 2000, 114 Stat. 1900, 1900A-59
-MISC1-
Section, Pub. L. 95-118, title XVII, Sec. 1706, as added Pub. L.
105-277, div. A, Sec. 101(d) [title VI, Sec. 614], Oct. 21, 1998,
112 Stat. 2681-150, 2681-230; amended Pub. L. 106-31, title V, Sec.
5003, May 21, 1999, 113 Stat. 110; Pub. L. 106-200, title IV, Sec.
404(d), May 18, 2000, 114 Stat. 292, related to audits of
International Monetary Fund.
-End-
-CITE-
22 USC Sec. 262r-6 01/06/03
-EXPCITE-
TITLE 22 - FOREIGN RELATIONS AND INTERCOURSE
CHAPTER 7 - INTERNATIONAL BUREAUS, CONGRESSES, ETC.
-HEAD-
Sec. 262r-6. Reports on policies, operations, and management of
international financial institutions
-STATUTE-
(a) Annual report on financial operations
Beginning 180 days after the date of enactment of this Act
[November 6, 2000], or October 31, 2000, whichever is later, and on
October 31 of each year thereafter, the Comptroller General of the
United States shall submit to the appropriate congressional
committees a report on the sufficiency of audits of the financial
operations of each multilateral development bank conducted by
persons or entities outside such bank.
(b) Annual report on United States supported policies
Beginning 180 days after the date of enactment of this Act
[November 6, 2000], or October 31, 2000, whichever is later, and on
October 31 of each year thereafter, the Secretary shall submit a
report to the appropriate congressional committees on -
(1) the actions taken by recipient countries, as a result of
the assistance allocated to them by the multilateral development
banks under programs referred to in section 802(b),(!1) to
strengthen governance and reduce the opportunity for bribery and
corruption; and
(2) how International Development Association-financed projects
contribute to the eventual graduation of a representative sample
of countries from reliance on financing on concessionary terms
and international development assistance.
(c) Omitted
(d) Report on debt relief
Not later than 90 days after the date of enactment of this Act
[November 6, 2000], the Secretary shall submit a report to the
appropriate congressional committees on the history of debt relief
programs led by, or coordinated with, international financial
institutions, including but not limited to -
(1) the extent to which poor countries and the
poorest-of-the-poor benefit from debt relief, including
measurable evidence of any such benefits; and
(2) the extent to which debt relief contributes to the
graduation of a country from reliance on financing on
concessionary terms and international development assistance.
-SOURCE-
(Pub. L. 106-429, Sec. 101(a) [title VIII, Sec. 803], Nov. 6, 2000,
114 Stat. 1900, 1900A-66.)
-REFTEXT-
REFERENCES IN TEXT
Section 802(b), referred to in subsec. (b)(1), is section 101(a),
[title VIII, Sec. 802(b)] of Pub. L. 106-429, Nov. 6, 2000, 114
Stat. 1900, 1900A-66, which is not classified to the Code.
-COD-
CODIFICATION
Section is comprised of section 101(a) [title VIII, Sec. 803] of
Pub. L. 106-429. Section 101(a) [title VIII, Sec. 803(c)] of Pub.
L. 106-429 amended section 262r-4 of this title.
-MISC1-
DEFINITIONS
Pub. L. 106-429, Sec. 101(a) [title VIII, Sec. 806], Nov. 6,
2000, 114 Stat. 1900, 1900A-68, provided that: "In this title
[enacting this section and section 286oo of this title and amending
sections 262r-4, 286nn, and 2169 of this title]:
"(1) Appropriate congressional committees. - The term
'appropriate congressional committees' means the Committee on
Foreign Relations and the Committee on Appropriations of the
Senate, and the Committee on Banking and Financial Services [now
Committee on Financial Services] and the Committee on
Appropriations of the House of Representatives.
"(2) Bank. - The term 'Bank' means the International Bank for
Reconstruction and Development.
"(3) Fund. - The term 'Fund' means the International Monetary
Fund.
"(4) International financial institutions. - The term
'international financial institutions' means the multilateral
development banks and the International Monetary Fund.
"(5) Multilateral development banks. - The term 'multilateral
development banks' means the International Bank for
Reconstruction and Development, the International Development
Association, the International Finance Corporation, the
Inter-American Development Bank, the Asian Development Bank, the
Inter-American Investment Corporation, the African Development
Bank, the African Development Fund, the European Bank for
Reconstruction and Development, and the Multilateral Investment
Guaranty Agency.
"(6) Secretary. - The term 'Secretary' means the Secretary of
the Treasury."
-FOOTNOTE-
(!1) See References in Text note below.
-End-
-CITE-
22 USC Sec. 262s 01/06/03
-EXPCITE-
TITLE 22 - FOREIGN RELATIONS AND INTERCOURSE
CHAPTER 7 - INTERNATIONAL BUREAUS, CONGRESSES, ETC.
-HEAD-
Sec. 262s. Multilateral development bank procurement
-STATUTE-
(a) Executive Directors
The Secretary of the Treasury shall instruct the United States
Executive Director of each multilateral development bank to attach
a high priority to promoting opportunities for exports for goods
and services from the United States and, in carrying out this
function, to investigate thoroughly any complaints from United
States bidders about the awarding of procurement contracts by the
multilateral development banks to ensure that all contract
procedures and rules of the banks are observed and that United
States firms are treated fairly.
(b) (!1) Officer of procurement
(1) Establishment
The Secretary of the Treasury shall designate, within the
Office of International Affairs in the Department of the
Treasury, an officer of multilateral development bank
procurement.
(2) Function
The officer shall act as the liaison between the Department of
the Treasury, the Department of Commerce, and the United States
Executive Directors' offices in the multilateral development
banks, in carrying out this section. The officer shall cooperate
with the Department of Commerce in efforts to improve
opportunities for multilateral development bank procurement by
United States companies.
(b) (!1) "Multilateral development bank" defined
As used in this section, the term "multilateral development bank"
includes the International Bank for Reconstruction and Development,
the International Development Association, the International
Finance Corporation, the Inter-American Development Bank, the
InterAmerican Investment Corporation, the Asian Development Bank,
the African Development Bank, and the African Development Fund.
-SOURCE-
(Pub. L. 95-118, title XVIII, Sec. 1801, formerly Pub. L. 100-418,
title III, Sec. 3202, Aug. 23, 1988, 102 Stat. 1382; renumbered
Sec. 1801 of Pub. L. 95-118, Pub. L. 101-240, title V, Sec.
541(b)(1), Dec. 19, 1989, 103 Stat. 2517.)
-COD-
CODIFICATION
Section was formerly classified to section 262q of this title
prior to renumbering by Pub. L. 101-240.
-MISC1-
SHORT TITLE
Section 3201 of Pub. L. 100-418 provided that: "This subtitle
[subtitle C (Secs. 3201, 3202) of title III of Pub. L. 100-418,
enacting former section 262q of this title] may be cited as the
'Multilateral Development Banks Procurement Act of 1988'."
-CROSS-
DEFINITIONS
The definitions in section 262r of this title apply to this
section.
-FOOTNOTE-
(!1) So in original. Two subsecs. (b) have been enacted.
-End-
-CITE-
22 USC Sec. 262s-1 01/06/03
-EXPCITE-
TITLE 22 - FOREIGN RELATIONS AND INTERCOURSE
CHAPTER 7 - INTERNATIONAL BUREAUS, CONGRESSES, ETC.
-HEAD-
Sec. 262s-1. Procurement opportunities for United States firms
-STATUTE-
The Secretary of the Treasury shall instruct the United States
Executive Directors of the multilateral development institutions to
take all possible steps to ensure that information relating to
potential procurement opportunities for United States firms is
expeditiously communicated to the Secretary of the Treasury, the
Secretary of State, and the Secretary of Commerce, and is
disseminated as widely as possible to large and small businesses.
-SOURCE-
(Pub. L. 95-118, title XVIII, Sec. 1802, as added Pub. L. 101-240,
title V, Sec. 541(a), Dec. 19, 1989, 103 Stat. 2516.)
-CROSS-
DEFINITIONS
The definitions in section 262r of this title apply to this
section.
-End-
-CITE-
22 USC Sec. 262s-2 01/06/03
-EXPCITE-
TITLE 22 - FOREIGN RELATIONS AND INTERCOURSE
CHAPTER 7 - INTERNATIONAL BUREAUS, CONGRESSES, ETC.
-HEAD-
Sec. 262s-2. Commercial Service Officers and multilateral
development bank procurement
-STATUTE-
(a) Appointment of Commercial Service Officers to serve with
Executive Directors
The Secretary of Commerce, in consultation with the Secretary of
the Treasury, shall appoint a procurement officer, who is a
representative of the International Trade Administration or a
Commercial Service Officer of the United States and Foreign
Commercial Service, to serve, on a full-time or part-time basis,
with each of the Executive Directors of the multilateral
development banks in which the United States participates.
(b) Functions of officers
Each procurement officer appointed under subsection (a) of this
section shall assist the United States Executive Director with
respect to whom such officer is appointed in promoting
opportunities for exports of goods and services from the United
States by doing the following:
(1) Acting as the liaison between the business community and
the multilateral development bank involved, whether or not the
bank has offices in the United States. The Secretary of Commerce
shall ensure that the procurement officer has access to, and
disseminates to United States businesses, information relating to
projects which are being proposed by the multilateral development
bank, and bid specifications and deadlines for projects about to
be developed by the bank. The procurement officer shall make
special efforts to disseminate such information to small and
medium-sized businesses interested in participating in such
projects. The procurement officer shall explore opportunities for
disseminating such information through private sector, nonprofit
organizations.
(2) Taking actions to assure that United States businesses are
fully informed of bidding opportunities for projects for which
loans have been made by the multilateral development bank
involved.
(3) Taking actions to assure that United States businesses can
focus on projects in which they have a particular interest or
competitive advantage, and to permit them to compete and have an
equal opportunity in submitting timely and conforming bidding
documents.
-SOURCE-
(Pub. L. 95-118, title XVIII, Sec. 1803, formerly Pub. L. 100-418,
title II, Sec. 2302, Aug. 23, 1988, 102 Stat. 1341; renumbered Sec.
1803 of Pub. L. 95-118, and amended Pub. L. 101-240, title V, Sec.
541(b)(2), Dec. 19, 1989, 103 Stat. 2517.)
-COD-
CODIFICATION
Section was formerly classified to section 4722 of Title 15,
Commerce and Trade, prior to renumbering by Pub. L. 101-240.
-MISC1-
AMENDMENTS
1989 - Subsec. (c). Pub. L. 101-240 struck out subsec. (c) which
defined "multilateral development bank" for purposes of this
section.
ADDITIONAL PROCUREMENT OFFICERS
Pub. L. 102-549, title V, Sec. 501, Oct. 28, 1992, 106 Stat.
3663, provided that:
"(a) Appointment. - The Secretary of Commerce, in consultation
with the Secretary of the Treasury, shall appoint one or more
full-time additional procurement officers, for each multilateral
development bank, to promote exports of goods and services from the
United States by doing the following:
"(1) Acting as the liaison between the business community and
one or more multilateral development banks, whether or not the
banks have offices in the United States. The Secretary of
Commerce shall ensure that the procurement officer has access to,
and disseminates to United States businesses, information
relating to projects which are being proposed by the multilateral
development bank involved, and bid specifications and deadlines
for projects about to be developed by the bank. The procurement
officer shall make special efforts to disseminate such
information to small- and medium-sized businesses interested in
participating in such projects. The procurement officer shall
explore opportunities for disseminating such information through
private sector, nonprofit organizations.
"(2) Taking actions to assure that United States businesses are
fully informed of bidding opportunities for projects for which
loans have been made by the multilateral development bank
involved.
"(3) Taking actions to assure that United States businesses can
focus on projects in which they have a particular interest or
competitive advantage, and to permit them to compete and have an
equal opportunity in submitting timely and conforming bidding
documents.
"(b) Definition. - As used in this section, the term
'multilateral development bank' has the meaning given that term in
section 1701(c) of the International Financial Institutions Act (22
U.S.C. 262r(c)).
"(c) Authorization of Appropriations. - There are authorized to
be appropriated to the Secretary of Commerce $1,000,000 for each of
the fiscal years 1993 and 1994 to carry out this section. Amounts
appropriated pursuant to this subsection shall be available only
for the purpose of making the appointment of additional procurement
officers required by subsection (a)."
-CROSS-
DEFINITIONS
The definitions in section 262r of this title apply to this
section.
-End-
-CITE-
22 USC Sec. 262t 01/06/03
-EXPCITE-
TITLE 22 - FOREIGN RELATIONS AND INTERCOURSE
CHAPTER 7 - INTERNATIONAL BUREAUS, CONGRESSES, ETC.
-HEAD-
Sec. 262t. Personnel practices
-STATUTE-
(a) Statement of policy
It shall be the policy of the United States that no initiatives,
discussions, or recommendations concerning the placement or removal
of any personnel employed by the international financial
institutions shall be based on the political philosophy or activity
of the individual under consideration.
(b) Consultation
The Secretary of the Treasury shall consult with the Chairman and
the ranking minority member of the Committee on Banking, Finance
and Urban Affairs of the House of Representatives and the Committee
on Foreign Relations of the Senate before any discussion or
recommendations by any official of the United States Government
concerning the placement or removal of any principal officer of any
international financial institutions.
-SOURCE-
(Pub. L. 95-118, title XIX, Sec. 1901, as added Pub. L. 101-240,
title V, Sec. 541(a), Dec. 19, 1989, 103 Stat. 2517.)
-CHANGE-
CHANGE OF NAME
Committee on Banking, Finance and Urban Affairs of House of
Representatives treated as referring to Committee on Banking and
Financial Services of House of Representatives by section 1(a) of
Pub. L. 104-14, set out as a note preceding section 21 of Title 2,
The Congress. Committee on Banking and Financial Services of House
of Representatives abolished and replaced by Committee on Financial
Services of House of Representatives, and jurisdiction over matters
relating to securities and exchanges and insurance generally
transferred from Committee on Energy and Commerce of House of
Representatives by House Resolution No. 5, One Hundred Seventh
Congress, Jan. 3, 2001.
-CROSS-
DEFINITIONS
The definitions in section 262r of this title apply to this
section.
-End-
-CITE-
22 USC Sec. 263 01/06/03
-EXPCITE-
TITLE 22 - FOREIGN RELATIONS AND INTERCOURSE
CHAPTER 7 - INTERNATIONAL BUREAUS, CONGRESSES, ETC.
-HEAD-
Sec. 263. International Prison Commission
-STATUTE-
The United States shall continue as an adhering member of the
International Prison Commission and participate in the work of said
commission.
The Secretary of the Treasury be, and he is hereby, authorized
annually to pay the pro rata share of the United States in the
administration expenses of the International Prison Commission and
the necessary expenses of a commissioner to represent the United
States on said commission at its annual meetings, together with
necessary clerical and other expenses, out of any money which shall
be appropriated for such purposes from time to time by Congress.
-SOURCE-
(Feb. 28, 1913, ch. 86, 37 Stat. 692.)
-End-
-CITE-
22 USC Sec. 263a 01/06/03
-EXPCITE-
TITLE 22 - FOREIGN RELATIONS AND INTERCOURSE
CHAPTER 7 - INTERNATIONAL BUREAUS, CONGRESSES, ETC.
-HEAD-
Sec. 263a. International Criminal Police Organization
-STATUTE-
The Attorney General is authorized to accept and maintain, on
behalf of the United States, membership in the International
Criminal Police Organization, and to designate any departments and
agencies which may participate in the United States representation
with that organization. All dues and expenses to be paid for the
membership of the United States shall be paid out of sums
authorized and appropriated for the Department of Justice.
-SOURCE-
(June 10, 1938, ch. 335, 52 Stat. 640; Pub. L. 85-768, Aug. 27,
1958, 72 Stat. 921; Pub. L. 90-159, Nov. 28, 1967, 81 Stat. 517;
Pub. L. 92-380, Sec. 1, Aug. 10, 1972, 86 Stat. 531; Pub. L.
93-468, Sec. 1, Oct. 24, 1974, 88 Stat. 1422; Pub. L. 95-624, Sec.
21(a), Nov. 9, 1978, 92 Stat. 3466.)
-MISC1-
AMENDMENTS
1978 - Pub. L. 95-624 substituted provision authorizing payment
of all dues and expenses for membership of the United States out of
sums authorized and appropriated for Department of Justice for
provisions authorizing each participating department and agency to
pay its pro rata share of expenses of such membership and
forbidding total dues paid for such membership to exceed $120,000
per annum.
1974 - Pub. L. 93-468 substituted "$120,000" for "$80,000".
1972 - Pub. L. 92-380 substituted "$80,000" for "$28,500".
1967 - Pub. L. 90-159 substituted "$28,500" for "$25,000".
1958 - Pub. L. 85-768 authorized the Attorney General to
designate departments and agencies which may participate, on a pro
rata share basis, in the United States representation with the
International Criminal Police Organization, and increased from
$1,500 to $25,000 per annum the amount of expenses which may be
incurred by reason of United States membership.
-End-
-CITE-
22 USC Secs. 264, 265 01/06/03
-EXPCITE-
TITLE 22 - FOREIGN RELATIONS AND INTERCOURSE
CHAPTER 7 - INTERNATIONAL BUREAUS, CONGRESSES, ETC.
-HEAD-
Secs. 264, 265. Omitted
-COD-
CODIFICATION
Section 264, act Aug. 18, 1894, ch. 301, 28 Stat. 418, which
related to Pan American Union, was superseded by Convention of
1928, ratified by the United States and providing that the
government of Pan American Union should be vested in a governing
board.
Section 265, act Jan. 25, 1929, ch. 102, title I, 45 Stat. 1102,
which was from an appropriation act, related to disposition of
receipts of Pan American Union, and was not repeated in subsequent
appropriation acts.
-End-
-CITE-
22 USC Sec. 266 01/06/03
-EXPCITE-
TITLE 22 - FOREIGN RELATIONS AND INTERCOURSE
CHAPTER 7 - INTERNATIONAL BUREAUS, CONGRESSES, ETC.
-HEAD-
Sec. 266. International commission of congresses of navigation;
authorization of appropriation for expenses
-STATUTE-
The sum of $3,000 a year is authorized to be appropriated, out of
any money in the Treasury not otherwise appropriated, for the
support and maintenance of the permanent international commission
of the congresses of navigation and for the payment of the actual
expenses of the properly accredited national delegates of the
United States to the meetings of the congresses and of the
commission; and the Secretary of the Army is authorized to draw his
warrant each year upon the Secretary of the Treasury for such sum,
not to exceed $3,000, as may in his opinion be proper to apply to
the purposes above mentioned, and the said sum shall be disbursed
under such regulations as may be prescribed by the Secretary of the
Army.
The national delegates aforesaid from the United States shall
serve without compensation, but shall be reimbursed for their
actual expenses incurred while traveling to and from the meetings,
and while in attendance thereon, from the funds appropriated in
this section and authorized to be expended.
-SOURCE-
(June 28, 1902, ch. 1306, 32 Stat. 485; June 26, 1934, ch. 756,
Sec. 2, 48 Stat. 1225; July 26, 1947, ch. 343, title II, Sec.
205(a), 61 Stat. 501.)
-CHANGE-
CHANGE OF NAME
Department of War designated Department of the Army and title of
Secretary of War changed to Secretary of the Army by section 205(a)
of act July 26, 1947, ch. 343, title II, 61 Stat. 501. Section
205(a) of act July 26, 1947, was repealed by section 53 of act Aug.
10, 1956, ch. 1041, 70A Stat. 641. Section 1 of act Aug. 10, 1956,
enacted "Title 10, Armed Forces" which in sections 3010 to 3013
continued Department of the Army under administrative supervision
of Secretary of the Army.
-MISC1-
APPROPRIATIONS
Section 2 of act June 26, 1934, ch. 756, 48 Stat. 1225, which was
classified to section 725a of former Title 31, Money and Finance,
repealed the permanent appropriation under the title "Permanent
International Commission of Congress of Navigation (fiscal year)
(8-887)" effective July 1, 1935, and provided that such portions of
any Acts as make permanent appropriations to be expended under such
account are amended so as to authorize, in lieu thereof, annual
appropriations from the general fund of the Treasury in identical
terms and in such amounts as now provided by the laws providing
such permanent appropriations.
-End-
-CITE-
22 USC Sec. 266a 01/06/03
-EXPCITE-
TITLE 22 - FOREIGN RELATIONS AND INTERCOURSE
CHAPTER 7 - INTERNATIONAL BUREAUS, CONGRESSES, ETC.
-HEAD-
Sec. 266a. Transferred
-COD-
CODIFICATION
Section, act Feb. 14, 1931, ch. 189, 46 Stat. 1162, as amended,
which related to appropriations for expenses of participation in
the International Technical Committee of Aerial Legal Experts, was
transferred to section 231 of former Title 49, Transportation, and
subsequently repealed by Pub. L. 103-272, Sec. 7(b), July 5, 1994,
108 Stat. 1379, the first section of which enacted subtitles II,
III, and V to X of Title 49, Transportation.
-End-
-CITE-
22 USC Sec. 266b 01/06/03
-EXPCITE-
TITLE 22 - FOREIGN RELATIONS AND INTERCOURSE
CHAPTER 7 - INTERNATIONAL BUREAUS, CONGRESSES, ETC.
-HEAD-
Sec. 266b. Repealed. June 11, 1940, ch. 306, 54 Stat. 263
-MISC1-
Section, Joint Res. Aug. 7, 1935, ch. 455, Sec. 2, 49 Stat. 540,
related to termination of Authorizations for Participation in Work
of Committee of International Technical Aerial Legal Experts.
-End-
-CITE-
22 USC Sec. 267 01/06/03
-EXPCITE-
TITLE 22 - FOREIGN RELATIONS AND INTERCOURSE
CHAPTER 7 - INTERNATIONAL BUREAUS, CONGRESSES, ETC.
-HEAD-
Sec. 267. Permanent Commission of International Geodetic
Association; representative of United States
-STATUTE-
The duly appointed representative of the United States on the
permanent commission of the International Geodetic Association is
granted authority to vote with the representatives on the permanent
commission from other nations on all matters coming before the
association, including the extension of its existence, subject to
the approval of Congress.
-SOURCE-
(Mar. 3, 1917, ch. 161, 39 Stat. 1055.)
-End-
-CITE-
22 USC Sec. 267a 01/06/03
-EXPCITE-
TITLE 22 - FOREIGN RELATIONS AND INTERCOURSE
CHAPTER 7 - INTERNATIONAL BUREAUS, CONGRESSES, ETC.
-HEAD-
Sec. 267a. Appointment of delegates; compensation
-STATUTE-
The President is authorized to appoint delegates, who shall be
officers of the National Ocean Survey, to attend the meetings of
the International Geodetic Association whenever and wheresoever the
same shall be held; but no extra salary or additional compensation
shall be paid to such officers by reason of such attendance.
-SOURCE-
(July 23, 1894, No. 37, 28 Stat. 587.)
-CHANGE-
CHANGE OF NAME
Coast and Geodetic Survey consolidated with National Weather
Bureau in 1965 to form Environmental Science Services
Administration by Reorg. Plan No. 2 of 1965, eff. July 13, 1965, 30
F.R. 8819, 79 Stat. 1318. Environmental Science Services
Administration abolished in 1970 and its personnel, property,
records, etc., transferred to National Oceanic and Atmospheric
Administration by Reorg. Plan No. 4 of 1970, eff. Oct. 3, 1970, 35
F.R. 15627, 84 Stat. 2090. By order of Acting Associate
Administrator of National Oceanic and Atmospheric Administration,
35 F.R. 19249, Dec. 19, 1970, Coast and Geodetic Survey
redesignated National Ocean Survey. See notes set out under section
311 of Title 15, Commerce and Trade.
-End-
-CITE-
22 USC Sec. 267b 01/06/03
-EXPCITE-
TITLE 22 - FOREIGN RELATIONS AND INTERCOURSE
CHAPTER 7 - INTERNATIONAL BUREAUS, CONGRESSES, ETC.
-HEAD-
Sec. 267b. International Joint Commission; invitation to establish;
personnel; duties
-STATUTE-
The President of the United States is requested to invite the
Government of Great Britain to join in the formation of an
international commission, to be composed of three members from the
United States and three who shall represent the interests of the
Dominion of Canada, whose duty it shall be to investigate and
report upon the conditions and uses of the waters adjacent to the
boundary lines between the United States and Canada, including all
of the waters of the lakes and rivers whose natural outlet is by
the River Saint Lawrence to the Atlantic Ocean; also upon the
maintenance and regulation of suitable levels; and also upon the
effect upon the shores of these waters and the structures thereon,
and upon the interests of navigation, by reason of the diversion of
these waters from or change in their natural flow; and, further, to
report upon the necessary measures to regulate such diversion, and
to make such recommendations for improvements and regulations as
shall best subserve the interests of navigation in said waters. The
said commissioners shall report upon the advisability of locating a
dam at the outlet of Lake Erie, with a view to determining whether
such dam will benefit navigation, and if such structure is deemed
advisable, shall make recommendations to their respective
Governments looking to an agreement or treaty which shall provide
for the construction of the same, and they shall make an estimate
of the probable cost thereof. The President, in selecting the three
members of said Commission who shall represent the United States,
is authorized to appoint one officer of the Corps of Engineers of
the United States Army, one civil engineer well versed in the
hydraulics of the Great Lakes, and one lawyer of experience in
questions of international and riparian law, and said Commission
shall be authorized to employ such persons as it may deem needful
in the performance of the duties hereby imposed.
-SOURCE-
(June 13, 1902, ch. 1079, Sec. 4, 32 Stat. 373.)
-COD-
CODIFICATION
Provisions of this section relating to the payment of salaries
and expenses of the International Joint Commission were omitted.
For provisions relating to the payment of salaries of the United
States members of the International Joint Commission, see section
268 of this title.
-MISC1-
ESTABLISHMENT OF COMMISSION
The International Joint Commission was organized in 1911 pursuant
to article VII of the treaty of January 11, 1909, with Great
Britain, 36 Stat. 2448.
WATER RESOURCES PLANNING
Jurisdiction, powers, or prerogatives of the International Joint
Commission, United States and Canada, unaffected by Water Resources
Planning Act, see section 1962-1 of Title 42, The Public Health and
Welfare.
PASSAMAQUODDY TIDAL POWER PROJECT
Joint Res. Jan. 31, 1956, ch. 27, 70 Stat. 9, provided for the
Secretary of State to request the International Joint Commission
created by the treaty between the United States and Great Britain
relating to boundary waters between the United States and Canada to
arrange for a final survey to be made to determine the cost of
construction and economic feasibility of the proposed Passamaquoddy
tidal power project at Passamaquoddy Bay, authorized United States
agencies to assist the Commission, authorized appropriations, and
required the Secretary of State to report the results of the survey
to Congress.
-End-
-CITE-
22 USC Sec. 268 01/06/03
-EXPCITE-
TITLE 22 - FOREIGN RELATIONS AND INTERCOURSE
CHAPTER 7 - INTERNATIONAL BUREAUS, CONGRESSES, ETC.
-HEAD-
Sec. 268. International Joint Commission; salaries; powers
-STATUTE-
The salaries of the members on the part of the United States, of
the International Joint Commission, established under the treaty of
January 11, 1909, between the United States and Great Britain,
relating to boundary waters between the United States and Canada,
shall be fixed by the President. Said commission or any member
thereof shall have power to administer oaths and to take evidence
on oath whenever deemed necessary in any proceeding or inquiry or
matter within its jurisdiction under said treaty, and said
commission shall be authorized to compel the attendance of
witnesses in any proceedings before it or the production of books
and papers when necessary by application to the district court of
the United States for the district within which such session is
held, which court is hereby empowered and directed to make all
orders and issue all processes necessary and appropriate for that
purpose.
-SOURCE-
(Mar. 4, 1911, ch. 285, 36 Stat. 1364.)
-End-
-CITE-
22 USC Sec. 268a 01/06/03
-EXPCITE-
TITLE 22 - FOREIGN RELATIONS AND INTERCOURSE
CHAPTER 7 - INTERNATIONAL BUREAUS, CONGRESSES, ETC.
-HEAD-
Sec. 268a. Repealed. Pub. L. 89-554, Sec. 8(a), Sept. 6, 1966, 80
Stat. 650
-MISC1-
Section, act May 14, 1940, ch. 189, title I, 54 Stat. 191,
related to compensation and travel expenses of the International
Joint Commission.
Similar provisions were contained in the following prior
appropriation acts:
June 29, 1939, ch. 248, title I, 53 Stat. 895.
Apr. 27, 1938, ch. 180, title I, 52 Stat. 256.
June 16, 1937, ch. 359, title I, 50 Stat. 270.
May 15, 1936, ch. 405, 49 Stat. 1319.
Mar. 22, 1935, ch. 39, 49 Stat. 75.
-End-
-CITE-
22 USC Sec. 268b 01/06/03
-EXPCITE-
TITLE 22 - FOREIGN RELATIONS AND INTERCOURSE
CHAPTER 7 - INTERNATIONAL BUREAUS, CONGRESSES, ETC.
-HEAD-
Sec. 268b. Advances from appropriation "Boundary line, Alaska and
Canada, and the United States and Canada"
-STATUTE-
Advances of money under the appropriation "Boundary line, Alaska
and Canada, and the United States and Canada", may be made to the
commissioner on the part of the United States and by his authority
to chiefs of parties prior to March 2, 1921.
-SOURCE-
(Apr. 15, 1918, ch. 52, 40 Stat. 523; Mar. 2, 1921, ch. 113, 41
Stat. 1210; June 10, 1921, ch. 18, title III, Sec. 304, 42 Stat.
24; Apr. 29, 1926, ch. 195, title I, 44 Stat. 336; Feb. 24, 1927,
ch. 189, title I, 44 Stat. 1185; Feb. 15, 1928, ch. 57, title I, 45
Stat. 70; Jan. 25, 1929, ch. 102, title I, 45 Stat. 1101; Apr. 18,
1930, ch. 184, title I, 46 Stat. 179; Pub. L. 89-554, Sec. 8(a),
Sept. 6, 1966, 80 Stat. 643; Pub. L. 92-310, title II, Sec.
231(aa), June 6, 1972, 86 Stat. 212; Pub. L. 104-316, title I, Sec.
111(a), Oct. 19, 1996, 110 Stat. 3833.)
-COD-
CODIFICATION
Section is from the Diplomatic and Consular Service Appropriation
Act of Mar. 2, 1921. Similar provisions were contained in act Apr.
15, 1918, and other prior acts.
Acts Apr. 29, 1926; Feb. 24, 1927; Feb. 15, 1928; Jan. 25, 1929;
and Apr. 18, 1930, were appropriation acts for the fiscal years
1927, 1928, 1929, 1930, and 1931, respectively. These Acts made
applicable boundary appropriations for the enumerated fiscal years.
Section was formerly classified to section 535 of Title 31 prior
to the general revision and enactment of Title 31, Money and
Finance, by Pub. L. 97-258, Sec. 1, Sept. 13, 1982, 96 Stat. 877.
-MISC1-
AMENDMENTS
1996 - Pub. L. 104-316 substituted "chiefs of parties" for
"chiefs of parties and accounts arising under advances shall be
rendered through and by the commissioner on the part of the United
States to the General Accounting Office as under advances made to
chiefs of parties".
1972 - Pub. L. 92-310 struck out provisions that required chiefs
of parties to give bonds.
1966 - Pub. L. 89-554 struck out provisions that related to
traveling expenses of the commissioner.
-TRANS-
TRANSFER OF FUNCTIONS
"General Accounting Office" substituted in text for "Treasury
Department" pursuant to act June 10, 1921, which transferred powers
and duties conferred upon Comptroller, six auditors, and certain
other officers of the Treasury to General Accounting Office. See
section 701 et seq. of Title 31, Money and Finance.
-End-
-CITE-
22 USC Sec. 268c 01/06/03
-EXPCITE-
TITLE 22 - FOREIGN RELATIONS AND INTERCOURSE
CHAPTER 7 - INTERNATIONAL BUREAUS, CONGRESSES, ETC.
-HEAD-
Sec. 268c. Limitation on expenditure of funds for compensation of
International Boundary Commissioner to actual hours worked
-STATUTE-
Funds appropriated on and after September 30, 1996, or otherwise
made available under this Act or any other Act may be expended for
compensation of the United States Commissioner of the International
Boundary Commission, United States and Canada, only for actual
hours worked by such Commissioner.
-SOURCE-
(Pub. L. 104-208, div. A, title I, Sec. 101(a) [title IV, Sec.
403], Sept. 30, 1996, 110 Stat. 3009, 3009-54.)
-MISC1-
SIMILAR PROVISIONS
Similar provisions were contained in the following prior
appropriation acts:
Pub. L. 103-317, title V, Sec. 503, Aug. 26, 1994, 108 Stat.
1764.
Pub. L. 103-121, title V, Sec. 503, Oct. 27, 1993, 107 Stat.
1189.
-End-
-CITE-
22 USC Sec. 269 01/06/03
-EXPCITE-
TITLE 22 - FOREIGN RELATIONS AND INTERCOURSE
CHAPTER 7 - INTERNATIONAL BUREAUS, CONGRESSES, ETC.
-HEAD-
Sec. 269. Permanent International Association of Road Congresses;
authorization of membership
-STATUTE-
The President is authorized to maintain membership of the United
States in the Permanent International Association of Road
Congresses.
-SOURCE-
(Pub. L. 102-138, title I, Sec. 164(b), Oct. 28, 1991, 105 Stat.
676.)
-MISC1-
PRIOR PROVISIONS
A prior section 269, act June 18, 1926, ch. 623, 44 Stat. 754,
authorized appropriations of $3,000 per annum to enable United
States to accept membership in Permanent Association of
International Road Congresses, prior to repeal by Pub. L. 102-138,
title I, Sec. 164(a), Oct. 28, 1991, 105 Stat. 676.
-End-
-CITE-
22 USC Sec. 269a 01/06/03
-EXPCITE-
TITLE 22 - FOREIGN RELATIONS AND INTERCOURSE
CHAPTER 7 - INTERNATIONAL BUREAUS, CONGRESSES, ETC.
-HEAD-
Sec. 269a. Central Bureau of the International Map of the World on
the Millionth Scale; authorization of appropriations
-STATUTE-
There is hereby authorized to be appropriated, out of any money
in the Treasury not otherwise appropriated, an annual sum of $50 as
a contribution on the part of the United States toward the expenses
incurred by the Central Bureau of the International Map of the
World on the Millionth Scale.
-SOURCE-
(June 27, 1930, ch. 652, 46 Stat. 825.)
-MISC1-
ANNUAL APPROPRIATIONS
Annual appropriations to meet the obligations of membership in
various international organizations were contained in the following
acts:
Pub. L. 107-77, title IV, Nov. 28, 2001, 115 Stat. 786, 787.
Pub. L. 106-553, Sec. 1(a)(2) [title IV], Dec. 21, 2000, 114
Stat. 2762, 2762A-92, 2762A-94.
Pub. L. 106-113, div. B, Sec. 1000(a)(1) [title IV], Nov. 29,
1999, 113 Stat. 1535, 1501A-41, 1501A-42.
Pub. L. 105-277, div. A, Sec. 101(b) [title IV], Oct. 21, 1998,
112 Stat. 2681-50, 2681-95, 2681-97.
Pub. L. 105-119, title IV, Nov. 26, 1997, 111 Stat. 2497, 2499.
Pub. L. 104-208, div. A, title I, Sec. 101(a) [title IV], Sept.
30, 1996, 110 Stat. 3009, 3009-49, 3009-50.
Pub. L. 104-134, title I, Sec. 101[(a)] [title IV], Apr. 26,
1996, 110 Stat. 1321, 1321-39, 1321-40; renumbered title I, Pub. L.
104-140, Sec. 1(a), May 2, 1996, 110 Stat. 1327.
Pub. L. 103-317, title V, Aug. 26, 1994, 108 Stat. 1762, 1763, as
amended Pub. L. 103-335, title VIII, Sec. 8155(a), Sept. 30, 1994,
108 Stat. 2658.
Pub. L. 103-121, title V, Oct. 27, 1993, 107 Stat. 1187.
Pub. L. 102-395, title V, Oct. 6, 1992, 106 Stat. 1866, 1867.
Pub. L. 102-140, title V, Oct. 28, 1991, 105 Stat. 818.
Pub. L. 101-515, title III, Nov. 5, 1990, 104 Stat. 2126.
Pub. L. 101-162, title III, Nov. 21, 1989, 103 Stat. 1008.
Pub. L. 100-459, title III, Oct. 1, 1988, 102 Stat. 2205.
Pub. L. 100-202, Sec. 101(a) [title III], Dec. 22, 1987, 101
Stat. 1329, 1329-20, 1329-21.
Pub. L. 100-71, title I, July 11, 1987, 101 Stat. 394.
Pub. L. 99-500, Sec. 101(b) [title III], Oct. 18, 1986, 100 Stat.
1783-39, 1783-58, 1783-59, and Pub. L. 99-591, Sec. 101(b) [title
III], Oct. 30, 1986, 100 Stat. 3341-39, 3341-58, 3341-59, as
amended Pub. L. 100-71, title I, July 11, 1987, 101 Stat. 394.
Pub. L. 99-180, title III, Dec. 13, 1985, 99 Stat. 1150, 1151.
Pub. L. 98-411, title III, Aug. 30, 1984, 98 Stat. 1565, 1566.
Pub. L. 98-166, title III, Nov. 28, 1983, 97 Stat. 1094.
Pub. L. 97-377, title I, Sec. 101(d), Dec. 21, 1982, 96 Stat.
1877.
Pub. L. 97-276, Sec. 101(a), Oct. 2, 1982, 96 Stat. 1186.
Pub. L. 97-92, Sec. 101(h) [incorporating Pub. L. 96-536, Sec.
101(o); H.R. 7584, title I], Dec. 15, 1981, 95 Stat. 1190.
Pub. L. 96-536, Sec. 101(o) [H.R. 7584, title I], Dec. 16, 1980,
94 Stat. 3169.
Pub. L. 96-369, Sec. 101(a), Oct. 1, 1980, 94 Stat. 1351.
Pub. L. 96-68, title I, Sept. 24, 1979, 93 Stat. 417, 418.
Pub. L. 95-431, title I, Oct. 10, 1978, 92 Stat. 1022, 1023.
Pub. L. 95-86, title I, Aug. 2, 1977, 91 Stat. 420, 421.
Pub. L. 94-362, title I, July 14, 1976, 90 Stat. 938, 939.
Pub. L. 94-121, title I, Oct. 21, 1975, 89 Stat. 613, 614.
Pub. L. 93-433, title I, Oct. 5, 1974, 88 Stat. 1188, 1189.
Pub. L. 93-162, title I, Nov. 27, 1973, 87 Stat. 637, 638.
Pub. L. 92-544, title I, Oct. 25, 1972, 86 Stat. 1110, 1111.
Pub. L. 92-77, title I, Aug. 10, 1971, 85 Stat. 247, 248.
Pub. L. 91-472, title I, Oct. 21, 1970, 84 Stat. 1041, 1042.
Pub. L. 91-153, title I, Dec. 24, 1969, 83 Stat. 404, 405.
Pub. L. 90-470, title I, Aug. 9, 1968, 82 Stat. 669, 670.
Pub. L. 90-133, title I, Nov. 8, 1967, 81 Stat. 412, 413.
Pub. L. 89-797, title I, Nov. 8, 1966, 80 Stat. 1480, 1481.
Pub. L. 89-164, title I, Sept. 2, 1965, 79 Stat. 621, 622.
Pub. L. 88-527, title I, Aug. 31, 1964, 78 Stat. 712, 713.
Pub. L. 88-245, title I, Dec. 30, 1963, 77 Stat. 777, 778.
Pub. L. 87-843, title I, Oct. 18, 1962, 76 Stat. 1081, 1082.
Pub. L. 87-264, title I, Sept. 21, 1961, 75 Stat. 546, 547.
Pub. L. 86-678, title I, Aug. 31, 1960, 74 Stat. 557, 558.
Pub. L. 86-84, title I, July 13, 1959, 73 Stat. 183, 184.
Pub. L. 85-474, title I, June 30, 1958, 72 Stat. 246, 247.
Pub. L. 85-49, title I, June 11, 1957, 71 Stat. 56, 57.
June 20, 1956, ch. 414, title I, 70 Stat. 301.
July 7, 1955, ch. 279, title I, 69 Stat. 265, 266.
July 2, 1954, ch. 456, title I, 68 Stat. 414, 415.
Aug. 5, 1953, ch. 328, title I, 67 Stat. 368, 369.
July 10, 1952, ch. 651, title I, 66 Stat. 550, 551.
Oct. 22, 1951, ch. 533, title I, 65 Stat. 577, 578.
Sept. 6, 1950, ch. 896, Ch. III, title I, 64 Stat. 610, 611.
July 20, 1949, ch. 354, title I, 63 Stat. 449-451.
June 3, 1948, ch. 400, title I, 62 Stat. 308-310.
July 9, 1947, ch. 211, title I, 61 Stat. 282-284.
July 5, 1946, ch. 541, title I, 60 Stat. 453, 454.
May 21, 1945, ch. 129, title I, 59 Stat. 175, 176.
June 28, 1944, ch. 294, title I, 58 Stat. 402, 403.
July 1, 1943, ch. 182, title I, 57 Stat. 277, 278.
July 2, 1942, ch. 472, title I, 56 Stat. 474, 475.
June 28, 1941, ch. 258, title I, 55 Stat. 271-273.
May 14, 1940, ch. 189, title I, 54 Stat. 187-189.
June 29, 1939, ch. 248, title I, 53 Stat. 891-893.
Apr. 27, 1938, ch. 180, title I, 52 Stat. 253-255.
June 16, 1937, ch. 359, title I, 50 Stat. 267, 268.
June 22, 1936, ch. 689, title III, 49 Stat. 1634.
May 15, 1936, ch. 405, title I, 49 Stat. 1315-1317.
Mar. 22, 1935, ch. 39, title I, 49 Stat. 73, 74.
Apr. 7, 1934, ch. 104, title I, 48 Stat. 534.
Mar. 1, 1933, ch. 144, title I, 47 Stat. 1376.
July 1, 1932, ch. 361, title I, 47 Stat. 480-486.
Feb. 23, 1931, ch. 280, title I, 46 Stat. 1314-1320.
June 27, 1930, ch. 652, 46 Stat. 825.
Apr. 18, 1930, ch. 184, title I, 46 Stat. 179-185.
Jan. 25, 1929, ch. 102, title I, 45 Stat. 1100-1107.
Feb. 15, 1928, ch. 57, title I, 45 Stat. 69-75.
Feb. 24, 1927, ch. 189, title I, 44 Stat. 1184-1191.
Apr. 29, 1926, ch. 195, title I, 44 Stat. 335-340.
Feb. 27, 1925, ch. 364, title I, 43 Stat. 1019-1024.
May 28, 1924, ch. 204, title I, 43 Stat. 210-215.
Jan. 3, 1923, ch. 21, title I, 42 Stat. 1073-1077.
June 1, 1922, ch. 204, title I, 42 Stat. 605-609.
-End-
-CITE-
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Enviado por: | El remitente no desea revelar su nombre |
Idioma: | inglés |
País: | Estados Unidos |