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7 U.S.C. § 1692 — United States policy
Federal law — U.S. Code and appendices · legal_authorities
It is the policy of the United States to use its abundant agricultural productivity to promote the foreign policy of the United States by enhancing the food security of the developing world through the use of agricultural commodities and local currencies accruing under this chapter to—
(1) combat world hunger and malnutrition and their causes;
(2) promote broad-based, equitable, and sustainable development, including agricultural development;
(3) expand international trade;
(4) foster and encourage the development of private enterprise and democratic participation in developing countries; and
(5) prevent conflicts.
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Stable record: federal_law:legal_authorities:record_usc_6d70238aa7ee4867df98a25d
Source file: Laws/federal/codes/united-states-code/title-7/section-1692-united-states-policy--c31bdf879c.md
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Source location: Title 7, Chapter 41, § 1692; chapter-041-food-for-peace.md
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It is the policy of the United States to use its abundant agricultural productivity to promote the foreign policy of the United States by enhancing the food security of the developing world through the use of agricultural commodities and local currencies accruing under this chapter to—
(1) combat world hunger and malnutrition and their causes;
(2) promote broad-based, equitable, and sustainable development, including agricultural development;
(3) expand international trade;
(4) foster and encourage the development of private enterprise and democratic participation in developing countries; and
(5) prevent conflicts.
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Federal law — U.S. Code and appendices · legal_authorities
**(a) Priority** In selecting agreements to be entered into under this subchapter, the Secretary shall give priority to agreements providing for the export of agricultural commodities to developing countries that—
(1) are undertaking measures for economic development purposes to improve food security and agricultural development, alleviate poverty, and promote broad-based equitable and sustainable development; and
(2) demonstrate the greatest need for food.
**(b) Private entities** An agreement entered into under this subchapter with a private entity shall require such security, or such other provisions as the Secretary determines necessary, to provide reasonable and adequate assurance of repayment of the financing extended to the private entity.
Source: Supplied U.S. Code snapshot — release unconfirmed · 7 U.S.C. § 1704
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Federal law — U.S. Code and appendices · legal_authorities
**(a) Eligible entities** Activities eligible to receive assistance through the framework agreements entered into under [section 1738f of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title7-section1738f&num=0&edition=prelim), shall include—
(1) activities of the type described in the Global Environmental Protection Assistance Act of 1989 ([22 U.S.C. 2281](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title22-section2281&num=0&edition=prelim) et seq.);
(2) agriculture-related activities, including those that provide for the biological prevention and control of animal and plant pests and diseases, to benefit the environment; and
(3) local community initiatives that promote conservation and sustainable use of the environment.
**(b) Regulation** All activities of the type referred to in subsection (a) shall, where appropriate, include initiatives that link conservation of natural resources with local community development.
**(c) Setting of priorities** Appropriate activities and priorities relating to the use of an Environmental Fund shall be set by local nongovernmental organizations within the appropriate eligible country.
**(d) Grants** Grants may be made by the body referred to in [section 1738f(c) of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title7-section1738f/c&num=0&edition=prelim) from the Environmental Fund for environmental purposes to—
(1) host country nongovernmental environmental, conservation, development, educational, and indigenous peoples organizations;
(2) other appropriate local or regional entities; or
(3) in exceptional circumstances, the government of the eligible country.
**(e) Priority** In providing assistance from an Environmental Fund, the body established under [
Source: Supplied U.S. Code snapshot — release unconfirmed · 7 U.S.C. § 1738m
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Federal law — U.S. Code and appendices · legal_authorities
### Statutory Notes
#### Codification
Section, act July 10, 1954, ch. 469, title III, § 310, formerly § 303, 68 Stat. 459, as amended and renumbered, which related to bartering authority of Secretary, was transferred to [section 1727g of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title7-section1727g&num=0&edition=prelim).
Source: Supplied U.S. Code snapshot — release unconfirmed · 7 U.S.C. § 1701
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Federal law — U.S. Code and appendices · legal_authorities
**(a) Notice of negotiations** The Secretary of State and the Secretary of the Treasury shall, in every feasible instance, notify the designated congressional committees not less than 15 days prior to any formal negotiation for debt relief under this subchapter.
**(b) Transmittal of text of agreements** The Secretary of State shall transmit to the designated congressional committees a copy of the text of any agreement with any foreign government which would result in any debt relief under this subchapter no less than 30 days prior to its entry into force, together with a detailed justification of the interest of the United States in the proposed debt relief.
**(c) Annual report** The Secretary of State or the Secretary of the Treasury, as appropriate, shall submit to the designated congressional committees not later than February 1 of each year a consolidated statement of the budgetary implications of all debt relief agreements entered into force under this subchapter during the preceding fiscal year.
**(d) Designated congressional committees** As used in this section, the term “designated congressional committees” means the Committee on Agriculture and the Committee on Foreign Affairs of the House of Representatives and the Committee on Agriculture, Nutrition, and Forestry of the Senate.
Source: Supplied U.S. Code snapshot — release unconfirmed · 7 U.S.C. § 1691
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Federal law — U.S. Code and appendices · legal_authorities
### Statutory Notes
#### Codification
Sections were omitted as part of the complete revision of the Agricultural Trade Act of 1978 (Pub. L. 95–501) by Pub. L. 101–624, title XV, § 1531, Nov. 28, 1990, 104 Stat. 3668. See chapter 87 (§ 5601 et seq.) of this title.
Section 1707b, Pub. L. 95–501, title II, § 201, Oct. 21, 1978, 92 Stat. 1686, provided for a program of deferred payment sales of agricultural commodities.
Section 1707c, Pub. L. 95–501, title II, § 202, Oct. 21, 1978, 92 Stat. 1687, provided for a program of credit sales to People’s Republic of China.
Section 1707d, Pub. L. 95–501, title II, § 203, Oct. 21, 1978, 92 Stat. 1687, defined “agricultural commodity”.
Source: Supplied U.S. Code snapshot — release unconfirmed · 7 U.S.C. § 1721
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Federal law — U.S. Code and appendices · legal_authorities
No agreements to finance sales or to provide other assistance under this chapter shall be entered into after December 31, 2023.
Source: Supplied U.S. Code snapshot — release unconfirmed · 7 U.S.C. § 1736e
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Federal law — U.S. Code and appendices · legal_authorities
**(a) In general** Before entering into agreements with foreign countries under subchapters II and III–A for the provision of commodities, the Secretary or the Administrator, as appropriate, shall consider the extent to which the recipient country is undertaking measures for economic development purposes in order to improve food security and agricultural development, alleviate poverty, and promote broad-based, equitable, and sustainable development.
**(b) Terms of agreement** An agreement entered into under this chapter shall—
(1) include an estimate of the annual value or volume of agricultural commodities proposed to be made available to the country or eligible organization under the agreement;
(2) with respect to agreements entered into with foreign countries under subchapters II and III–A, include a statement of the manner in which the agricultural commodities provided under the agreement or the revenues generated by the sale of such commodities (if such commodities are sold), will be integrated into the overall development plans of the country to improve food security and agricultural development, alleviate poverty, and promote broad-based, equitable, and sustainable agriculture and broad-based economic growth;
(3) with respect to agreements entered into under subchapters II and III–A, include a statement of the manner in which competitive private sector participation within the recipient country in the storage, marketing, transportation, and distribution of agricultural commodities made available under this chapter will be encouraged;
(4) include a statement that such agreement shall be subject to the availability, during each fiscal year to which the agreement applies, of the necessary appropriations and agricultural commodities; and
(5) contain such other
Source: Supplied U.S. Code snapshot — release unconfirmed · 7 U.S.C. § 1736
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Federal law — U.S. Code and appendices · legal_authorities
(a) United States development cooperation policy
Source: Supplied U.S. Code snapshot — release unconfirmed · 22 U.S.C. § 2151
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Federal law — U.S. Code and appendices · legal_authorities
**(a) Payment**
(1) **Dollars** — Except as provided in paragraph (2), agreements under this subchapter shall require that payment for agricultural commodities be made in dollars.
(2) **Local currencies**
(A) *In general* — The Secretary may permit payment under an agreement under this subchapter in the local currency of the appropriate country in order to use the proceeds from such payments to carry out activities under [section 1704 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title7-section1704&num=0&edition=prelim).
(B) *Rates of exchange* — Payments in local currency shall be at rates of exchange that are no less favorable than the highest exchange rate legally obtainable in the country and that are no less favorable than the highest exchange rate obtainable by any other country.
**(b) Interest** Such agreements shall provide that interest accrue on the payment deferred under such agreement at a concessional rate as determined appropriate by the Secretary.
**(c) Duration** Payments required under such agreements may be made in reasonable annual amounts over the period (not more than 30 years from the date of the last delivery of commodities in each year under such agreement) specified in the agreement.
**(d) Deferral of payments** The Secretary may defer the date on which the developing country or private entity is required to begin making payment, under such agreements, for a period of not in excess of 5 years after the date of the last delivery of commodities in each year under the agreement, and interest shall be computed from the date of such last delivery.
**(e) Delivery of commodities** Delivery of the commodities shall be made in accordance with the terms of the agreement.
Source: Supplied U.S. Code snapshot — release unconfirmed · 7 U.S.C. § 1704a
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Federal law — U.S. Code and appendices · legal_authorities
### Statutory Notes
Section 1705, acts July 10, 1954, ch. 469, title I, § 105, 68 Stat. 457; Dec. 16, 1963, Pub. L. 88–205, pt. IV, § 403(b), 77 Stat. 390; Nov. 11, 1966, Pub. L. 89–808, § 2(B), 80 Stat. 1532; Dec. 23, 1985, Pub. L. 99–198, title XI, § 1111(e), 99 Stat. 1475; Nov. 28, 1990, Pub. L. 101–624, title XV, § 1512, 104 Stat. 3636, set out congressional declaration of policy with regard to value-added foods.
Section 1706, Pub. L. 101–624, title XV, § 1517, Nov. 28, 1990, 104 Stat. 3664, related to debt-for-health-and-protection swap.
A prior section 1706, acts July 10, 1954, ch. 469, title I, § 106, 68 Stat. 457; Aug. 12, 1955, ch. 873, § 2, 69 Stat. 721; Aug. 8, 1961, Pub. L. 87–128, title II, § 201(4), 75 Stat. 307; Dec. 16, 1963, Pub. L. 88–205, pt. IV, § 403 (c)(1), 77 Stat. 390; Nov. 11, 1966, Pub. L. 89–808, § 2(B), 80 Stat. 1532; Dec. 20, 1975, Pub. L. 94–161, title II, § 205, 89 Stat. 852; Aug. 3, 1977, Pub. L. 95–88, title II, § 211(b)(2), 91 Stat. 551; Oct. 6, 1978, Pub. L. 95–424, title I, § 102(b)(2)(C), 92 Stat. 941; Dec. 29, 1981, Pub. L. 97–113, title IV, § 401(6), 95 Stat. 1537; Dec. 23, 1985, Pub. L. 99–198, title XI, § 1111(f), (g), 99 Stat. 1475, related to payments for commodities and use of proceeds prior to the general revision of this chapter by Pub. L. 101–624, title XV, § 1512, Nov. 28, 1990, 104 Stat. 3633.
Source: Supplied U.S. Code snapshot — release unconfirmed · 7 U.S.C. § 1707a
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