US LAWS, STATUTES & CODES ON-LINE

US Supreme Court Decisions On-Line | US Laws



§ 2430g. —  Americas Framework Agreements.



[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
  January 24, 2002 and December 19, 2002]
[CITE: 22USC2430g]

 
               TITLE 22--FOREIGN RELATIONS AND INTERCOURSE
 
                     CHAPTER 32--FOREIGN ASSISTANCE
 
        SUBCHAPTER III-A--ENTERPRISE FOR THE AMERICAS INITIATIVE
 
Sec. 2430g. Americas Framework Agreements


(a) Authority

    The Secretary of State is authorized, in consultation with other 
appropriate Government officials, to enter into an Americas Framework 
Agreement with any eligible country concerning the operation and use of 
the Americas Fund for that country. In the negotiation of such 
Agreements, the Secretary shall consult with the Enterprise for the 
Americas Board in accordance with section 2430h of this title.

(b) Contents of Agreements

    An Americas Framework Agreement with an eligible country shall--
        (1) require that country to establish an Americas Fund;
        (2) require that country to make interest payments under section 
    2430e(b)(1) of this title into an Americas Fund;
        (3) require that country to make prompt disbursements from the 
    Americas Fund to the administering body described in subsection (c) 
    of this section;
        (4) when appropriate, seek to maintain the value of the local 
    currency resources of the Americas Fund in terms of United States 
    dollars;
        (5) specify, in accordance with subsection (d) of this section, 
    the purposes for which amounts in an Americas Fund may be used; and
        (6) contain reasonable provisions for the enforcement of the 
    terms of the agreement.

(c) Administering body

                           (1) In general

        Funds disbursed from the Americas Fund in each beneficiary 
    country shall be administered by a body constituted under the laws 
    of that country.

                           (2) Composition

        The administering body shall consist of--
            (A) one or more individuals appointed by the United States 
        Government,
            (B) one or more individuals appointed by the government of 
        the beneficiary country, and
            (C) individuals who represent a broad range of--
                (i) environmental nongovernmental organizations of the 
            beneficiary country,
                (ii) child survival and child development 
            nongovernmental organizations of the beneficiary country,
                (iii) local community development nongovernmental 
            organizations of the beneficiary country, and
                (iv) scientific or academic organizations or 
            institutions of the beneficiary country.

    A majority of the members of the administering body shall be 
    individuals described in subparagraph (C).

                        (3) Responsibilities

        The administering body--
            (A) shall receive proposals for grant assistance from 
        eligible grant recipients (as determined under subsection (e) of 
        this section) and make grants to eligible grant recipients in 
        accordance with the priorities agreed upon in the Americas 
        Framework Agreement, consistent with subsection (d) of this 
        section;
            (B) shall be responsible for the management of the program 
        and oversight of grant activities funded from resources of the 
        Americas Fund;
            (C) shall be subject, on an annual basis, to an audit of 
        financial statements conducted in accordance with generally 
        accepted auditing standards by an independent auditor;
            (D) shall be required to grant to representatives of the 
        United States General Accounting Office such access to books and 
        records associated with operations of the Americas Fund as the 
        Comptroller General of the United States may request;
            (E) shall present an annual program for review each year by 
        the Enterprise for the Americas Board; and
            (F) shall submit a report each year on the activities that 
        it undertook during the previous year to the Chair of the 
        Enterprise for the Americas Board and to the government of the 
        beneficiary country.

(d) Eligible activities

    Grants from an Americas Fund shall be used for--
        (1) activities that link the conservation and sustainable use of 
    natural resources with local community development; and
        (2) child survival and other child development activities.

(e) Grant recipients

    Grants made from an Americas Fund shall be made to--
        (1) nongovernmental environmental, conservation, child survival 
    and child development, development, and indigenous peoples 
    organizations of the beneficiary country;
        (2) other appropriate local or regional entities; and
        (3) in exceptional circumstances, the government of the 
    beneficiary country.

(f) Review of larger grants

    Any grant of more than $100,000 from an Americas Fund shall be 
subject to veto by the Government of the United States or the government 
of the beneficiary country.

(g) Eligibility criteria

    In the event that a country ceases to meet the eligibility 
requirements set forth in section 2430b(a) of this title, as determined 
by the President pursuant to section 2430b(b) of this title, then grants 
from the Americas Fund for that country may only be made to 
nongovernmental organizations until such time as the President 
determines that such country meets the eligibility requirements set 
forth in section 2430b(a) of this title.

(Pub. L. 87-195, pt. IV, Sec. 708, as added Pub. L. 102-549, title VI, 
Sec. 602(a), Oct. 28, 1992, 106 Stat. 3667.)


                            Prior Provisions

    A prior section 708 of Pub. L. 87-195, pt. IV, Sept. 4, 1961, 75 
Stat. 464, amended sections 1041, 1112, 1136, 1148, and 1157 of this 
title, prior to repeal by Pub. L. 87-565, pt. IV, Sec. 401, Aug. 1, 
1962, 76 Stat. 263, except insofar as section 708 affected sections 
1041, 1112, 1136, 1148, and 1157.

                  Section Referred to in Other Sections

    This section is referred to in sections 2430a, 2431g of this title.



chanrobles.com.Com


ChanRobles Legal Resources:

ChanRobles On-Line Bar Review

ChanRobles Internet Bar Review : www.chanroblesbar.com

ChanRobles MCLE On-line

ChanRobles Lawnet Inc. - ChanRobles MCLE On-line : www.chanroblesmcleonline.com