22 U.S.C. § 5823 — Funding for export promotion activities

Page 1712 TITLE 22—FOREIGN RELATIONS AND INTERCOURSE § 5822 (Pub. L. 102–511, title III, § 301, Oct. 24, 1992, 106 Stat. 3332.) Editorial Notes REFERENCES IN TEXT The Foreign Assistance Act of 1961, referred to in sub- secs. (a) and (d)(2), is Pub. L. 87–195, Sept. 4, 1961, 75 Stat. 424. Chapter 11 of part I of the Act is classified generally to part XI (§ 2295 et seq.) of subchapter I of chapter 32 of this title. For complete classification of this Act to the Code, see Short Title note set out under section 2151 of this title and Tables. Executive Documents DELEGATION OF FUNCTIONS Functions of President under subsec. (a) delegated to Secretary of State except that functions of President under this section, insofar as relating to determina- tions and directives, delegated to Coordinator, see sec- tions 2(b) and 3(a) of Ex. Ord. No. 12884, Dec. 1, 1993, 58 F.R. 64099, as amended, set out as a note under section 5812 of this title. § 5822. Business and Agriculture Advisory Coun- cil (a) Establishment The President is authorized to establish an ad- visory council to be known as the Independent States Business and Agriculture Advisory Coun- cil (hereinafter in this section referred to as the ‘‘Council’’)— (1) to consult with and advise the President periodically regarding programs of assistance for the independent states of the former So- viet Union; and (2) to evaluate, and consult periodically with the President regarding, the adequacy of bilat- eral and multilateral assistance programs that would facilitate exports by United States com- panies to, and investments by United States companies in, the independent states. (b) Membership The Council should consist of 15 members, ap- pointed by the President, who are drawn from United States companies reflecting diverse busi- nesses and perspectives that have experience and expertise in dealing with the independent states of the former Soviet Union. The President should designate one such member to serve as Chair of the Council. Five such members should be appointed upon the recommendation of the Speaker and the Minority Leader of the House of Representatives and 5 should be appointed upon the recommendation of the Majority Lead- er and Minority Leader of the Senate. Members of the Council shall receive no compensation from the United States Government by reason of their service on the Council. (c) Staff Upon request of the Chair of the Council, the head of any United States Government agency may detail, on a nonreimbursable basis, any of the personnel of such agency to the Council to assist the Council. (Pub. L. 102–511, title III, § 302, Oct. 24, 1992, 106 Stat. 3333.) Statutory Notes and Related Subsidiaries TERMINATION OF ADVISORY COUNCILS Advisory councils established after Jan. 5, 1973, to terminate not later than the expiration of the 2-year period beginning on the date of their establishment, unless, in the case of a council established by the Presi- dent or an officer of the Federal Government, such council is renewed by appropriate action prior to the expiration of such 2-year period, or in the case of a council established by Congress, its duration is other- wise provided for by law. See sections 1001(2) and 1013 of Title 5, Government Organization and Employees. § 5823. Funding for export promotion activities and capital projects (a) Allocation of A.I.D. funds The President is encouraged to use a portion of the funds made available for the independent states of the former Soviet Union under chapter 11 of part I of the Foreign Assistance Act of 1961 [22 U.S.C. 2295 et seq.]— (1) to fund the export promotion, finance, and related activities carried out pursuant to subsection (b)(1), including activities relating to the export of intermediary goods; and (2) to fund capital projects, including projects for telecommunications, environ- mental cleanup, power production, and energy related projects. (b) Export promotion, finance, and related activi- ties The Secretary of Commerce, as Chair of the Trade Promotion Coordination Committee, should, in conjunction with other members of that committee, design and implement pro- grams to provide adequate commercial and tech- nical assistance to United States businesses seeking markets in the independent states of the former Soviet Union, including the fol- lowing: (1) Increasing the United States and Foreign Commercial Service presence in the inde- pendent states, in particular in the Russian Far Eastern cities of Vladivostok and Khabarovsk. (2) Preparing profiles of export opportunities for United States businesses in the inde- pendent states and providing other technical assistance. (3) Utilizing the Market Development Coop- erator Program under section 4723 of title 15. (4) Developing programs specifically for the purpose of assisting small- and medium-sized businesses in entering commercial markets of the independent states. In carrying out this paragraph, the Secretary of Commerce, to the extent possible, should work directly with pri- vate sector organizations with proven experi- ence in trade and economic relations with the independent states. (5) Supporting projects undertaken by the United States business community on the basis of partnership, joint venture, contrac- tual, or other cooperative agreements with ap- propriate entities in the independent states. (6) Supporting export finance programs, fea- sibility studies, political risk insurance, and other related programs through increased funding and flexibility in the implementation of such programs. Page 1713 TITLE 22—FOREIGN RELATIONS AND INTERCOURSE § 5828 1 See References in Text note below. (7) Supporting the Business Information Service (BISNIS) and its related programs. (Pub. L. 102–511, title III, § 303, Oct. 24, 1992, 106 Stat. 3333.) Editorial Notes REFERENCES IN TEXT The Foreign Assistance Act of 1961, referred to in sub- sec. (a), is Pub. L. 87–195, Sept. 4, 1961, 75 Stat. 424. Chapter 11 of part I of the Act is classified generally to part XI (§ 2295 et seq.) of subchapter I of chapter 32 of this title. For complete classification of this Act to the Code, see Short Title note set out under section 2151 of this title and Tables. § 5824. Interagency working group on energy of the Trade Promotion Coordinating Com- mittee The Trade Promotion Coordinating Com- mittee should utilize its interagency working group on energy to assist United States energy sector companies to develop a long-term strat- egy for penetrating the energy market in the independent states of the former Soviet Union. The working group should— (1) work with officials from the independent states in creating an environment conducive to United States energy investment; (2) help to coordinate assistance to United States companies involved with projects to clean up former Soviet nuclear weapons sites and commercial nuclear waste; and (3) work with representatives from United States business and industry involved with the energy sector to help facilitate the identifica- tion of business opportunities, including the promotion of oil, gas, and clean coal tech- nology and products, energy efficiency, and the formation of joint ventures between United States companies and companies of the independent nations. (Pub. L. 102–511, title III, § 304, Oct. 24, 1992, 106 Stat. 3334.) § 5825. Repealed. Pub. L. 104–66, title I, § 1021(e), Dec. 21, 1995, 109 Stat. 713 Section, Pub. L. 102–511, title III, § 305, Oct. 24, 1992, 106 Stat. 3335, directed Secretary of Commerce to sub- mit to Congress annual reports describing implementa- tion of business and commercial development provi- sions, analyzing programs of other industrialized coun- tries, and examining trade practices of other Organiza- tion for Economic Cooperation and Development na- tions. § 5826. Policy on combatting tied aid practices Should the Secretary of the Treasury deter- mine that foreign countries are engaged in tied aid practices with respect to any of the inde- pendent states of the former Soviet Union that violate the 1991 Helsinki agreement of the Orga- nization for Economic Cooperation and Develop- ment, the President should give priority atten- tion to combatting such practices. (Pub. L. 102–511, title III, § 306, Oct. 24, 1992, 106 Stat. 3335.) § 5827. Technical assistance for Russian Far East (a) Authorization The President is authorized to provide tech- nical assistance, through an American univer- sity in a region which received nonstop air serv- ice to and from the Russian Far East as of July 1, 1992, to facilitate the development of United States business opportunities, free markets, and democratic institutions in the Russian Far East. (b) Authorization of appropriations There are authorized to be appropriated $2,000,000 to carry out subsection (a). (Pub. L. 102–511, title III, § 307, Oct. 24, 1992, 106 Stat. 3335.) Executive Documents DELEGATION OF FUNCTIONS For delegation of certain functions of President under this section, see section 3(a) of Ex. Ord. No. 12884, Dec. 1, 1993, 58 F.R. 64099, as amended, set out as a note under section 5812 of this title. § 5828. Funding for OPIC programs (a) Authority to make additional funds available Funds authorized to be appropriated for fiscal year 1993 to carry out chapter 11 of part I of the Foreign Assistance Act of 1961 [22 U.S.C. 2295 et seq.] may be made available to cover costs in- curred by the Overseas Private Investment Cor- poration in carrying out programs with respect to the independent states of the former Soviet Union under title IV of chapter 2 of part I of that Act (22 U.S.C. 2191 and following),1 in addi- tion to amounts otherwise available for that purpose. (b) Enactment of OPIC Authorization Act The authority of subsection (a) shall cease to be effective upon the enactment of the Overseas Private Investment Corporation Act Amend- ments Act of 1992. (Pub. L. 102–511, title III, § 308, Oct. 24, 1992, 106 Stat. 3335.) Editorial Notes REFERENCES IN TEXT The Foreign Assistance Act of 1961, referred to in sub- sec. (a), is Pub. L. 87–195, Sept. 4, 1961, 75 Stat. 424. Chapter 11 of part I of the Act is classified generally to part II (§ 2295 et seq.) of subchapter I of chapter 32 of this title. Title IV of chapter 2 of part I of the Act, which was classified generally to subpart IV (§ 2191 et seq.) of part II of subchapter I of chapter 32 of this title, was repealed, except for subsections (g), (l), (m), and (n) of section 2197 of this title, by Pub. L. 115–254, div. F, title VI, § 1464(2), Oct. 5, 2018, 132 Stat. 3513, effective at the end of the transition period, as defined in section 9681 of this title. For complete classification of this Act to the Code, see Short Title note set out under section 2151 of this title and Tables. The Overseas Private Investment Corporation Act Amendments Act of 1992, referred to in subsec. (b), probably means the Overseas Private Investment Cor- poration Amendments Act of 1992, which was title I of H.R. 4996, 102d Congress, as passed by the House of Rep- resentatives. H.R. 4996 was enacted into law as Pub. L. 102–549 and title I was significantly revised and no longer contained provisions designating it as the Over- seas Private Investment Corporation Amendments Act of 1992.