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

FEDERAL · 22 U.S.C. · Chapter 7

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

22 U.S.C. § 262n–1

Title22 — Foreign Relations and Intercourse

Chapter7 — INTERNATIONAL BUREAUS, CONGRESSES, ETC.

Current throughPub. L. 119-99

This text of 22 U.S.C. § 262n–1 (Increase in income and employment in developing countries; enhancement of purchasing power; diversification away from single crop or product economies) is published on Counsel Stack Legal Research, covering United States primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

22 U.S.C. § 262n–1.

Text

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.

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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.

Source Credit

History

(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

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.

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Bluebook (online)

22 U.S.C. § 262n–1, Counsel Stack Legal Research, https://law.counselstack.com/usc/22/262n–1.