(1) periodic transfer of unencumbered capital resources d such trust fund, and of any future repayments or other accruals otherwise payable to such trust fund, to the Inter-America: Foundation, to be administered by the Foundation for purposes of part IV of the Foreign Assistance Act of 1969 (22 U.S.C. 290 and following);

(2) utilization of such unencumbered capital resources, fu ture repayments, and other accruals by the Inter-American Development Bank for purposes of sections 1 and 2 of the Latr American Development Act9 (22 U.S.C. 1942 and 1943) in such a way that the resources received in the currencies of the more developed member countries are utilized to the extent possible for the benefit of the lesser developed member countries; or

(3) 10 both the transfer described in paragraph (1) and the utilization described in paragraph (2).

(b) Any transfer or 11 utilization under this section shall be in such proportions as may be agreed to between the United States and the Inter-American Development Bank.

(c) 11 Any transfer under subsection (a)(1) shall be in the amounts, and in available currencies, determined in consultation with the Inter-American Foundation, to be required for its program purposes.".

(d) 11 The revision of the Social Progress Trust Fund Agreement pursuant to this section shall provide that the President or his delegate shall specify, from time to time, after consultation with the Inter-American Development Bank, the particular currencies to be used in making the transfer of 11 utilization described in the section.

(e) 12 *** [Repealed-1981]

Sec. 37.13 Prohibition on Assistance to North Vietnam *** [Repealed-1981]

Sec. 38.14 Report Concerning Certain Use of Military Assistance in Africa * ** [Repealed-1981]

That certification and subsequent administration have not yet been executed. Upon execution of these requirements, sec. 586(h)(2)(A)(i) of the Foreign Operations, Export Financing, and Related Programs Appropriations Act, 2000 (H.R. 3422, enacted by reference in sec. 1000 ax2 of Public Law 106-113; 113 Stat. 1535), will strike out "provide for the-" at this point, strike out para. (1), and strike out para. designation “(2)".

9 For text, see Legislation on Foreign Relations Through 2005, vol. I-B.

10 Sec. 586(h)(2)(A)(ii) of the Foreign Operations, Export Financing, and Related Programs Appropriations Act, 2000 (H.R. 3422, enacted by reference in sec. 1000(a)(2) of Public Law 106113; 113 Stat. 1535), will strike out para. (3), upon execution of that section's requirements. 11 Sec. 586(h)(2)(B) of the Foreign Operations, Export Financing, and Related Programs Appro priations Act, 2000 (H.R. 3422, enacted by reference in sec. 1000(a)(2) of Public Law 106-113, 113 Stat. 1535), will strike out "transfer or" upon execution of that section's requirements. Sec 586(h)(2)(C) of that Act will strike out subsec. (c), upon execution of that section's requirements, and will redesignate subsec. (d) as subsec. (c).

12 Sec. 734(a)(9) of the International Security and Development Cooperation Act of 1981 (Public Law 97-113; 95 Stat. 1560) struck out subsec. (e), which had required a report from the President on his action taken pursuant to this section. The President submitted this report on January 3, 1974.

13 Sec. 734(a)(9) of the International Security and Development Cooperation Act of 1981 (Public Law 97-113; 95 Stat. 1560) repealed sec. 37, which had prohibited the use of funds authorized in this Act (fiscal year 1974) for assistance to North Vietnam.

14 Sec. 734(a)(9) of the International Security and Development Cooperation Act of 1981 (Public Law 97-113; 95 Stat. 1560) repealed sec. 38, which had required the President to make a determination with respect to the use, if any, by any non-African country in support of its mihtary activities in its African territories of U.S. economic military, or food assistance. The Prest dent submitted this determination to Congress on May 3, 1974.

WORLD FOOD SHORTAGES

Sec. 39.15 (a) It is the sense of the Congress that the United States should participate fully in efforts to alleviate current and fucure food shortages which threaten the world. To this end, the President shall

(1) encourage, support, and expedite studies relating to the long-range implications of the world food situation (including studies of national and world production, distribution, and utilization of agricultural commodities and other foodstuffs) and support the organizing of a world food conference under United Nations auspices in 1974;

(2) request the member nations of the General Agreement on Tariffs and Trade to explore the means of assuring equitable access by all nations to national markets and mineral and agricultural resources;

(3) Consult and cooperate with appropriate international agencies, such as the Food and Agricultural Organization of the United Nations, in determining the need for, the feasibility of, and cost of an equitably-shared basis of, establishing an international system of strategic food reserves; and

(4) report his findings and recommendations to the Congress on the implementation of this section no later than December 31, 1974.

(b) It is further the sense of the Congress that

(1) in making assessments which would affect or relate to the level of domestic production, the Executive Branch should include in the estimates of overall utilization the expected demands for humanitarian food assistance through such programs as are carried out under the Agricultural Trade Development and Assistance Act of 1954 (Public Law 480); and

(2) legislation providing increased flexibility for responding to emergency and humanitarian requirements for food assistance should be considered as promptly as possible to the end that the last sentence of section 401 of the Agricultural Trade Development and Assistance Act of 1954 (Public Law 480), may be amended by striking the period and inserting in lieu thereof a comma and the following: "unless the Secretary determines that some part of the exportable supply should be used to carry out the national interest and humanitarian objectives of this Act."

Sec. 40.17 Effective July 1, 1974, no amount of any foreign currency (including principal and interest from loan repayments) which accrues in connection with any sale for foreign currency under any provision of law may be used under any agreement entered into after the date of the enactment of this Act, or any revision or extension entered into after such date of any prior or subsequent agreement, to provide any assistance to any foreign country

15 22 U.S.C. 2220 note.

16 See also Mutual Security Act of 1954, as amended (Public Law 83-665; 68 Stat. 832), sec. 502, Use of Foreign Currencies, in Legislation on Foreign Relations Through 2005, vol. I-B. 17 22 U.S.C. 2151 note.

hh. Foreign Assistance Act of 1971

Partial text of Public Law 92-226 [S. 2819], 86 Stat. 20, approved February 7, 1972

AN ACT To amend the Foreign Assistance Act of 1961, and for other purposes. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, That this Act may be cited as the "Foreign Assistance Act of 1971”.

NOTE. Except for the provisions quoted here, the Foreign Assistance Act of 1971 consists of amendments to the Foreign Assistance Act of 1961, the Foreign Military Sales Act, the 1971 Act to amend the FMS Act, the Act to authorize participation by the United States in the Interparliamentary Union, the Joint Resolution to authorize participation by the United States in parliamentary conferences of the North Atlantic Treaty Organization, Part IV of the Foreign Assistance Act of 1969, the Act to provide certain basic authority for the Department of State, the United States Information and Educational Exchange Act of 1948, the Special Foreign Assistance Act of 1971, and Public Law 89-367 (Armed Forces Appropriation Authorization, 1966).

FOOD-FOR-PEACE PROGRAM

Sec. 2.1 It is the sense of the Congress that funds to administer the food-for-peace program should not be reduced as the result of any reduction in the authorizations provided to carry out the Foreign Assistance Act of 1961.

(3) The provisions of this subsection 2 and section 657 of such Act, as added by subsection (b) of this Act, shall apply with respect to each fiscal year commencing on or after July 1, 1971.

PART IV-MISCELLANEOUS PROVISIONS

122 U.S.C. 2151 note. See also the Food for Peace Act of 1966 (Public Law 89-808; 80 Stat. 1526), in Legislation on Foreign Relations Through 2005, vol. I-B.

2 This subsection provided that the definition of "Value" appearing in sec. 644(m) was not applicable when the word "Value" was used in sec. 657.

CISTERNE BNC evaluation of the application THE SHORE eiews relating to the De ner States Information Agency game tre relations of the Unite

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SKIET Ages the President to underTROSSE to implement that porAs I leart of the President's Com Derus ( The Twenty-2th Anniversary of the des mange Commission") which proDM Fur Assessed costs to be paid by ec Sestre met Nums be reduced so that the SIA & Asset I fat year not more than 25 per cen SIT AND AREsser al members of the United Nations for

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