22 U.S.C. § 5323 — Purposes

FEDERAL · 22 U.S.C. · Chapter 62

Purposes

Current through Pub. L. 119-102

Title 22 — Foreign Relations and Intercourse·Ch. 62 — INTERNATIONAL FINANCIAL POLICY·Subch. II·Pt. A

The purposes of this subchapter are—

(1)to expand the world trading system and raise the level of exports from the United States to the developing countries in order to reduce the United States trade deficit and foster economic expansion and an increase in the standard of living throughout the world;

(2)to alleviate the current international debt problem in order to make the debt situation of developing countries more manageable and permit the resumption of sustained growth in those countries; and

(3)to increase the stability of the world financial system and ensure the safety and soundness of United States depository institutions.

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The purposes of this subchapter are—
(1) to expand the world trading system and raise the level of exports from the United States to the developing countries in order to reduce the United States trade deficit and foster economic expansion and an increase in the standard of living throughout the world;
(2) to alleviate the current international debt problem in order to make the debt situation of developing countries more manageable and permit the resumption of sustained growth in those countries; and
(3) to increase the stability of the world financial system and ensure the safety and soundness of United States depository institutions.

22 U.S.C. § 5323 (Purposes) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Source Credit

History

(Pub. L. 100–418, title III, §3103, Aug. 23, 1988, 102 Stat. 1376.)

Editorial Notes

Editorial Notes

References in Text
This subchapter, referred to in text, was in the original "this subtitle", meaning subtitle B (§§3101–3123) of title III of Pub. L. 100–418, Aug. 23, 1988, 102 Stat. 1375, which is classified principally to this subchapter. For complete classification of subtitle B to the Code, see Tables.