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7 U.S.C. § 1738d — Eligibility for benefits under Facility
Federal law — U.S. Code and appendices · legal_authorities
**(a) Requirements** To be eligible for benefits from the Facility under this subchapter, a country shall—
(1) be a Latin American or Caribbean country;
(2) have in effect or have received approval for, or, as appropriate in exceptional circumstances, be making significant progress towards the establishment of—
(A) an International Monetary Fund (hereafter referred to in this subchapter as the “IMF”) standby arrangement, extended IMF arrangement, or an arrangement under the structural adjustment facility or enhanced structural adjustment facility, or in exceptional circumstances, an IMF-monitored program or its equivalent; and
(B) as appropriate, structural or sectoral adjustment loans from the International Bank for Reconstruction and Development (hereafter referred to in this subchapter as the “World Bank”) or the International Development Association (hereafter referred to in this subchapter as the “IDA”);
(3) have placed into effect major investment reforms in conjunction with an Inter-American Development Bank (hereafter referred to as the “IDB”) loan or otherwise be implementing, or making significant progress towards an open investment regime; and
(4) if appropriate, have agreed with its commercial bank lenders on a satisfactory financing program, including, as appropriate, debt or debt service reduction.
**(b) Eligibility determination** The President shall determine whether a country is an eligible country for purposes of subsection (a).
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Source file: Laws/federal/codes/united-states-code/title-7/section-1738d-eligibility-for-benefits-under-facility--1511c68b82.md
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Source location: Title 7, Chapter 41, § 1738d; chapter-041-food-for-peace.md
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**(a) Requirements** To be eligible for benefits from the Facility under this subchapter, a country shall—
(1) be a Latin American or Caribbean country;
(2) have in effect or have received approval for, or, as appropriate in exceptional circumstances, be making significant progress towards the establishment of—
(A) an International Monetary Fund (hereafter referred to in this subchapter as the “IMF”) standby arrangement, extended IMF arrangement, or an arrangement under the structural adjustment facility or enhanced structural adjustment facility, or in exceptional circumstances, an IMF-monitored program or its equivalent; and
(B) as appropriate, structural or sectoral adjustment loans from the International Bank for Reconstruction and Development (hereafter referred to in this subchapter as the “World Bank”) or the International Development Association (hereafter referred to in this subchapter as the “IDA”);
(3) have placed into effect major investment reforms in conjunction with an Inter-American Development Bank (hereafter referred to as the “IDB”) loan or otherwise be implementing, or making significant progress towards an open investment regime; and
(4) if appropriate, have agreed with its commercial bank lenders on a satisfactory financing program, including, as appropriate, debt or debt service reduction.
**(b) Eligibility determination** The President shall determine whether a country is an eligible country for purposes of subsection (a).
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Federal law — U.S. Code and appendices · legal_authorities
**(a) Definition of international food security** In this section, the term “international food security” means access by any person at any time to food and nutrition that is sufficient for a healthy and productive life.
**(b) Collection of information** The Secretary of Agriculture (referred to in this section as the “Secretary”) shall compile information from appropriate mission areas of the Department of Agriculture (including the Food, Nutrition, and Consumer Services mission area) relating to the improvement of international food security.
**(c) Public availability** To benefit programs for the improvement of international food security, the Secretary shall organize the information described in subsection (b) and make the information available in a format suitable for—
(1) public education; and
(2) use by—
(A) a Federal, State, or local agency;
(B) an agency or instrumentality of the government of a foreign country;
(C) a domestic or international organization, including a domestic or international nongovernmental organization; and
(D) an intergovernmental organization.
**(d) Technical assistance** On request by an entity described in subsection (c)(2), the Secretary may provide technical assistance to the entity to implement a program for the improvement of international food security.
**(e) Program priority** In carrying out this section, the Secretary shall give priority to programs relating to the development of food and nutrition safety net systems with a focus on food insecure countries.
**(f) Authorization of appropriations** There is authorized to be appropriated to carry out this section $1,000,000 for each of fiscal years 2019 through 2023.
Source: Supplied U.S. Code snapshot — release unconfirmed · 7 U.S.C. § 1738
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Federal law — U.S. Code and appendices · legal_authorities
**(a) Authority to reduce debt**
(1) **Authority** — Notwithstanding any other provision of law, the President may reduce the amount owed to the United States (or any agency of the United States) that is outstanding as of January 14, 2019, as a result of any credits extended under title I of the Food for Peace Act ([7 U.S.C. 1701](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title7-section1701&num=0&edition=prelim) et seq.) to a country eligible for benefits from the Facility.
(2) **Authorization of appropriations**
(A) *In general* — For the cost (as defined in [section 661a(5) of title 2](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title2-section661a/5&num=0&edition=prelim)) for the reduction of any debt pursuant to this section, there are authorized to be appropriated to the President—
(i) $25,000,000 for fiscal year 1999;
(ii) $50,000,000 for fiscal year 2000; and
(iii) $50,000,000 for fiscal year 2001.
(B) *Limitation* — The authority provided by this section shall be available only to the extent that appropriations for the cost (as defined in [section 661a(5) of title 2](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title2-section661a/5&num=0&edition=prelim)) of the modification of any debt pursuant to this section are made in advance.
**(b) Implementation of debt reduction**
(1) **In general** — Any debt reduction pursuant to subsection (a) shall be accomplished at the direction of the Facility by the exchange of a new obligation for obligations of the type referred to in subsection (a) outstanding as of the date specified in subsection (a)(1).
(2) **Exchange of obligations**
(A) *In general* — The Facility shall notify the Commodity Credit Corporation of an agreement entered into under
Source: Supplied U.S. Code snapshot — release unconfirmed · 22 U.S.C. § 2431e
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Federal law — U.S. Code and appendices · legal_authorities
Page 1027
TITLE 7—AGRICULTURE
§ 1738e
that meet investment reform and other policy
conditions provided for in this subchapter.
(July 10, 1954, ch. 469, title VI, § 602, as added
Pub. L. 101–624, title XV, § 1512, Nov. 28, 1990, 104
Stat. 3658.)
§ 1738b. Eligibility for benefits under Facility
(a) Requirements
To be eligible for benefits from the Facility
under this subchapter, a country shall—
(1) be a Latin American or Caribbean coun-
try;
(2) have in effect or have received approval
for, or, as appropriate in exceptional cir-
cumstances, be making significant progress
towards the establishment of—
(A) an International Monetary Fund (here-
after referred to in this subchapter as the
‘‘IMF’’) standby arrangement, extended IMF
arrangement, or an arrangement under the
structural adjustment facility or enhanced
structural adjustment facility, or in excep-
tional circumstances, an IMF-monitored
program or its equivalent; and
(B) as appropriate, structural or sectoral
adjustment loans from the International
Bank for Reconstruction and Development
(hereafter referred to in this subchapter as
the ‘‘World Bank’’) or the International De-
velopment Association (hereafter referred to
in this subchapter as the ‘‘IDA’’);
(3) have placed into effect major investment
reforms in conjunction with an Inter-Amer-
ican Development Bank (hereafter referred to
as the ‘‘IDB’’) loan or otherwise be imple-
menting, or making significant progress to-
wards an open investment regime; and
(4) if appropriate, have agreed with its com-
mercial bank lenders on a satisfactory financ-
ing program, including, as appropriate, debt or
debt service reduction.
(b) Eligibility determination
The President shall determine whether a coun-
try is an eligible country for purposes of
Source: Supplied 2024 U.S. Code historical extraction · 7 U.S.C. § 1738d
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