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§ 262h. —  Opposition by United States Executive Directors of international financial institutions to assistance for production or extraction of export commodities or minerals in surplus on world markets.



[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
  January 24, 2002 and December 19, 2002]
[CITE: 22USC262h]

 
               TITLE 22--FOREIGN RELATIONS AND INTERCOURSE
 
           CHAPTER 7--INTERNATIONAL BUREAUS, CONGRESSES, ETC.
 
Sec. 262h. Opposition by United States Executive Directors of 
        international financial institutions to assistance for 
        production or extraction of export commodities or minerals in 
        surplus on world markets
        
    The Secretary of the Treasury shall instruct the United States 
Executive Directors of the International Bank for Reconstruction and 
Development, the International Development Association, the 
International Finance Corporation, the Inter-American Development Bank, 
the International Monetary Fund, the Asian Development Bank, the Inter-
American Investment Corporation, the African Development Bank, and the 
African Development Fund to use the voice and vote of the United States 
to oppose any assistance by such institutions, using funds appropriated 
or otherwise made available pursuant to any provision of law, for the 
production or extraction of any commodity or mineral for export, if--
        (1) such commodity or mineral, as the case may be, is in surplus 
    on world markets; and
        (2) the export of such commodity or mineral, as the case may be, 
    would cause substantial injury to the United States producers of the 
    same, similar, or competing commodity or mineral.

(Pub. L. 99-472, Sec. 22, Oct. 15, 1986, 100 Stat. 1210.)


                           Similar Provisions

    Pub. L. 107-115, title V, Sec. 514, Jan. 10, 2002, 115 Stat. 2142, 
provided that: ``The Secretary of the Treasury shall instruct the United 
States Executive Directors of the International Bank for Reconstruction 
and Development, the International Development Association, the 
International Finance Corporation, the Inter-American Development Bank, 
the International Monetary Fund, the Asian Development Bank, the Inter-
American Investment Corporation, the North American Development Bank, 
the European Bank for Reconstruction and Development, the African 
Development Bank, and the African Development Fund to use the voice and 
vote of the United States to oppose any assistance by these 
institutions, using funds appropriated or made available pursuant to 
this Act [see Tables for classification], for the production or 
extraction of any commodity or mineral for export, if it is in surplus 
on world markets and if the assistance will cause substantial injury to 
United States producers of the same, similar, or competing commodity.''
    Similar provisions were contained in the following appropriation 
acts:
    Pub. L. 106-429, Sec. 101(a) [title V, Sec. 514], Nov. 6, 2000, 114 
Stat. 1900, 1900A-25.
    Pub. L. 106-113, div. B, Sec. 1000(a)(2) [title V, Sec. 514], Nov. 
29, 1999, 113 Stat. 1535, 1501A-85.
    Pub. L. 105-277, div. A, Sec. 101(d) [title V, Sec. 514(a)], Oct. 
21, 1998, 112 Stat. 2681-150, 2681-173.
    Pub. L. 105-118, title V, Sec. 514, Nov. 26, 1997, 111 Stat. 2409.
    Pub. L. 104-208, div. A, title I, Sec. 101(c) [title V, Sec. 514], 
Sept. 30, 1996, 110 Stat. 3009-121, 3009-143.
    Pub. L. 104-107, title V, Sec. 514, Feb. 12, 1996, 110 Stat. 725.
    Pub. L. 103-306, title V, Sec. 514, Aug. 23, 1994, 108 Stat. 1628.
    Pub. L. 103-87, title V, Sec. 514, Sept. 30, 1993, 107 Stat. 948.
    Pub. L. 102-391, title V, Sec. 521, Oct. 6, 1992, 106 Stat. 1661.
    Pub. L. 101-513, title V, Sec. 522, Nov. 5, 1990, 104 Stat. 2007.
    Pub. L. 101-167, title V, Sec. 522, Nov. 21, 1989, 103 Stat. 1221.
    Pub. L. 100-461, title V, Sec. 522, Oct. 1, 1988, 102 Stat. 2268-25.
    Pub. L. 100-202, Sec. 101(e) [title V, Sec. 522], Dec. 22, 1987, 101 
Stat. 1329-131, 1329-157.
    Pub. L. 99-500, Sec. 101(f) [title V, Sec. 522], Oct. 18, 1986, 100 
Stat. 1783-213, 1783-229, and Pub. L. 99-591, Sec. 101(f) [title V, 
Sec. 522], Oct. 30, 1986, 100 Stat. 3341-214, 3341-229.
    Pub. L. 99-190, Sec. 101(i) [title V, Sec. 523], Dec. 19, 1985, 99 
Stat. 1291, 1306.
    Pub. L. 98-473, title I, Sec. 101(1) [title V, Sec. 524], Oct. 12, 
1984, 98 Stat. 1884, 1899.
    Pub. L. 98-151, Sec. 101(b)(1) [incorporating Pub. L. 97-121, title 
V, Sec. 522], Nov. 14, 1983, 97 Stat. 964.
    Pub. L. 97-377, title I, Sec. 101(b)(1) [incorporating Pub. L. 97-
121, title V, Sec. 522], Dec. 21, 1982, 96 Stat. 1831.
    Pub. L. 97-121, title V, Sec. 522, Dec. 29, 1981, 95 Stat. 1656.
    Pub. L. 96-536, Sec. 101(b) [H.J. Res. 637, Sec. 101(b); H.R. 4473, 
title V, Sec. 522A], Dec. 16, 1980, 94 Stat. 3167.
    Pub. L. 96-123, Sec. 101(a) [incorporating Pub. L. 95-481, title VI, 
Sec. 609], Nov. 20, 1979, 93 Stat. 923.
    Pub. L. 95-481, title VI, Sec. 609, Oct. 18, 1978, 92 Stat. 1601.



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