22 U.S.C. · Foreign Relations and Intercourse
22 U.S.C. § 262n1

Increase in income and employment in developing countries; enhancement of purchasing power; diversification away from single crop or product economies

Ch. 7 — INTERNATIONAL BUREAUS, CONGRESSES, ETC.
Title 22 U.S.C. ● ACTIVE Primary Source Ch. 7
Statutory Text

22 U.S.C. § 262n1 — Increase in income and employment in developing countries; enhancement of purchasing power; diversification away from single crop or product economies

U.S.C. Title 22 - FOREIGN RELATIONS AND INTERCOURSE 22 U.S.C. United States Code, 2023 Edition Title 22 - FOREIGN RELATIONS AND INTERCOURSE CHAPTER 7 - INTERNATIONAL BUREAUS, CONGRESSES, ETC. Sec. 262n-1 - Increase in income and employment in developing countries; enhancement of purchasing power; diversification away from single crop or product economies From the U.S. Government Publishing Office, www.gpo.gov

§262n–1. Increase in income and employment in developing countries; enhancement of purchasing power; diversification away from single crop or product economies

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.

(Pub. L. 95–118, title XIV, §1402, as added Pub. L. 100–202, §101(e) [title I], Dec. 22, 1987, 101 Stat. 1329–131, 1329–134.)

Editorial Notes

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.

Statutory Notes and Related Subsidiaries

Definitions The definitions in section 262p–5 of this title apply to this section.

Source: uscode.house.gov — public domain Official Source ↗
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