(G) The administrator of the agency primarily responsible for administering part I of this Act, or his designee, should represent the United States Government in the Organization and should carry out his functions in that capacity under the continuous supervision and general direction of the Secretary of State. (c) Subject to subsection (d)(2), the President is authorized to participate in the Organization. (d)(1) The administrator of the agency primarily responsible for administering part I of this Act, under the supervision and direction of the Secretary of State, shall prepare a detailed proposal to carry out this section and shall keep the Committee on Foreign Affairs of the House of Representatives and the Committee on Foreign Relations of the Senate fully and currently informed concerning the development of this proposal. (2) The President shall transmit to the Committee on Foreign Affairs of the House of Representatives and the Committee on Foreign Relations of the Senate a copy of the text of any agreement, which he proposes to sign, that would provide for the establishment of and United States participation in the Organization no less than sixty days prior to his signature. During that sixty-day period there shall be full and formal consultations with and review by those committees in accordance with procedures applicable to reprogramming notifications pursuant to section 634A 363 of this Act. Sec. 465,358, 364 Authorization for Fiscal Years 1988 and 1989.(a) In addition to amounts otherwise available for such purposes, there are authorized to be appropriated to the President, for the purpose of furnishing nonmilitary assistance for Central American countries, $1,200,000,000 for each of the fiscal years 1988 and 1989, which are authorized to remain available until expended. (b) For the purpose of providing the assistance described in subsection (a), funds appropriated pursuant to the authorizations in that subsection may be transferred by the President for obligation in accordance with the authorities of part I of this Act (including chapter 4 of part II), the Peace Corps Act, the Migration and Refugee Assistance Act of 1962, the United States Information and Education Exchange Act of 1948, the Mutual Educational and Cultural Exchange Act of 1961, the National Endowment for Democracy Act, and the State Department Basic Authorities Act of 1956. Sec. 466.358. 365 Definitions. For the purposes of this chapter, the term "Central American countries" includes Belize, Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua, Panama, and regional programs which benefit such countries. Chapter 7-Debt-For-Nature Exchanges 366 Sec. 461.367 Definition. For purpose of this chapter, the term "debt-for-nature exchange" means the cancellation or redemption 363 For text, see page 271. 364 22 U.S.C. 2275. 365 22 U.S.C. 2276. 366 Chapter 7, as enacted in the Foreign Assistance Act of 1966 (Public Law 89-583), titled: "Joint Commissions on Rural Development", was repealed by sec. 604 of the International De Continued of fox FOREIGN ASSISTANCE ACT OF 1961 (P.L. 87-195) 132 The foreign debt of the government of a country in exchange (1) that government's making available local currencies (including through the issuance of bonds) which are used only for eligible projects involving the conservation or protection of the environment in that country (as described in section 463); 368 or (2) that government's financial resource or policy commitment to take certain specified actions to ensure the restoration, protection, or sustainable use of natural resources within that country, or (3) a combination of assets and actions under both paragraphs (1) and (2). Sec. 462.$69 Assistance for Commercial Debt Exchanges.-(a) Administrator of the Agency for International Development is thorized to furnish assistance, in the form of grants on such ms and conditions as may be necessary, to nongovernmental ornizations for the purchase on the open market of discounted mercial debt of a foreign government of an eligible country ich will be canceled or redeemed under the terms of an agreent with that government as part of a debt-for-nature exchange. b) Notwithstanding any other provision of law, a grantee (or any grantee) of the grants referred to in subsection (a) may retain, hout deposit in the Treasury of the United States and without ther appropriation by Congress, interest earned on the proceeds any resulting debt-for-nature exchange pending the disbursents of such proceeds and interest for approved program purI which may include the establishment of an endowment, the ==me of which is used for such purposes. Sec. 463,870 Eligible Projects. (a) The Administrator of the (D) restoration, protection, or sustainable use of the world's (2) restoration, protection, or sustainable use of diverse animal and plant species; (S) establishment, restoration, protection, and maintenance of parks and reserves; GP development and implementation of sound systems of natural resource management; (o) development and support of local conservation programs; spacial and Mood Assistance Act of 1978 (Public Law 95-424; 92 Stat. 961). A new ch. 7 was HORN ec 711 of the international Development and Finance Act of 1989 (Public Law 101 PESO 2281 All sections in ch. 7 are misnumbered, as enacted by the International De - And Pinance Act of 1989 (Public Law 101-240; 103 Stat. 2521). Should read "Sec. 471" Actions in ch. 7 are misnumbered, as enacted by the International Development and 1989 (Public Law 101-240; 103 Stat. 2521). Reference should read "section 473". 88 All sections in ch. 7 are misnumbered, as enacted by the International De and Minance Act of 1989 (Public Law 101-240, 103 Stat. 2521). Should read "Sec. 472" CNC 2288 All sections in ch. 7 are misnumbered, as enacted by the International Dep and Finance Act of 1989 (Public Law 101-240; 103 Stat. 2521). Should read "Sec. 473′′. (6) training programs to strengthen conservation institutions and increase scientific, technical, and managerial capabilities of individuals and organizations involved in conservation efforts: (7) efforts to generate knowledge, increase understanding, and enhance public commitment to conservation; (8) design and implementation of sound programs of land and ecosystem management; and (9) promotion of regenerative approaches in farming, forestry, fishing, and watershed management. (b)(1) In cooperation with nongovernmental organizations, the Administrator of the Agency for International Development shall seek to identify those areas, which because of an imminent threat, are in particular need of immediate attention to prevent the loss of unique biological life or valuable ecosystem. (2) The Administrator of the Agency for International Development shall encourage as many eligible countries as possible to propose such exchanges with the purpose of demonstrating to a large number of governments the feasibility and benefits of sustainable development. Sec. 464.871 Eligible Countries. In order for a foreign country to be eligible to participate in a debt-for-nature_exchange under this chapter, the Administrator of the Agency for International Development shall determine that (1) the host country is fully committed to the long-term viability of the program or project that is to be undertaken through the debt-for-nature exchange; (2) a long-term plan has been prepared by the host country, or private conservation group, which adequately provides for the long-term viability of the program or project that is to be undertaken through the debt-for-nature exchange or that such a plan will be prepared in a timely manner; and (3) there is a government agency or a local nongovernmental organization, or combination thereof, in the host country with the capability, commitment, and record of environmental concern to oversee the long-term viability of the program or project that is to be undertaken through the debt-for-nature exchange. Sec. 465.372 Terms and Conditions. (a) The terms and conditions for making grants under this chapter shall be deemed to be fulfilled upon final approval by the Administrator of the Agency for International Development of the debt-for-nature exchange, a certification by the nongovernmental organization that the host government has accepted the terms of the exchange, and that an agreement has been reached to cancel the commercial debt in an agreed upon fashion. (b) Grants made under this section are intended to complement, and not substitute for, assistance otherwise available to a foreign country under this Act or any other provision of law. 371 22 U.S.C. 2284. All sections in ch. 7 are misnumbered, as enacted by the International Development and Finance Act of 1989 (Public Law 101-240; 103 Stat. 2521). Should read "Sec. 474". 372 22 U.S.C. 2285. All sections in ch. 7 are misnumbered, as enacted by the International Development and Finance Act of 1989 (Public Law 101-240; 103 Stat. 2521). Should read "Sec. 475". (c) The United States Government is prohibited from accepting title or interest in any land in a foreign country as a condition on the debt exchange. Sec. 466.373 Pilot Program for Sub-Saharan Africa. (a) The Administrator of the Agency for International Development, in cooperation with nongovernmental conservation organizations, shall invite the government of each country in sub-Saharan Africa to submit a list of those areas of severely degraded national resources which threaten human survival and well-being and the opportunity for future economic growth or those areas of biological or ecological importance within the territory of that country. (b) The Administrator of the Agency for International Development shall assess the list submitted by each country under subsection (a) and shall seek to reach agreement with the host country for the restoration and future sustainable use of those areas. (c)(1) The Administrator of the Agency for International Development is authorized to make grants, on such terms and conditions as may be necessary, to nongovernmental organizations for the purchase on the open market of discounted commercial debt of a foreign government of an eligible sub-Saharan country in exchange for commitments by that government to restore natural resources identified by the host country under subsection (a) or for commitments to develop plans for sustainable use of such resources. (2) Notwithstanding any other provision of law, a grantee (or any subgrantee) of the grants referred to in section (a) may retain, without deposit in the Treasury of the United States and without further appropriation by Congress, interest earned on the proceeds of any resulting debt-for-nature exchange pending the disbursements of such proceeds and interest for approved program purposes, which may include the establishment of an endowment, the income of which is used for such purposes. 373 22 U.S.C. 2286. All sections in ch. 7 are misnumbered, as enacted by the International Development and Finance Act of 1989 (Public Law 101-240; 103 Stat. 2521). Should read "Sec. 476". Chapter 8-International Narcotics Control 374 NOTE.-Section 6(a) of the International Narcotics Control Act of 1992 (Public Law 102-583; 106 Stat. 4932; 22 U.S.C. 2291h note) provided the following change in statutory references: "(a) STATUTORY REFERENCES TO ANNUAL REPORTS, CERTI- Sec. 8 of that Act provided the following waiver for fiscal "SEC. 8. WAIVER OF RESTRICTIONS FOR NARCOTICS-RELATED "For fiscal years 1992 through 1994, narcotics-related as- 374 Chapter 8 was added by sec. 109 of the FA Act of 1971. See other legislation on international narcotics control, beginning at page 943. |