Page:United States Statutes at Large Volume 101 Part 2.djvu/792

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101 STAT. 1329-449
PUBLIC LAW 100-000—MMMM. DD, 1987
101 STAT. 1329-449

101 STAT. 1329-449

PUBLIC LAW 100-202—DEC. 22, 1987

"(4) the amount of foreign currency proceeds that were used •;' under agreements under this section and section 207 in the preceding fiscal year, and the percentage of the quantity of all J commodities and products furnished under this section and section 207 in such fiscal year such use represented; "(5) the President's best estimate of the amount of foreign '-' currency proceeds that will be used, under agreements under this section and section 207, in the then current fiscal year and the next following fiscal year (if all requests for such use are agreed to), and the percentage that such estimated use represents of the quantity of all commodities and products that the President estimates will be furnished under this section and section 207 in each such fiscal year; "(6) the effectiveness of such sales, barter, and use during the preceding fiscal year in facilitating the distribution of commodities and products under this section and section 207; "(7) the extent to which such sales, barter, or uses— "(A) displace or interfere with commercial sales of United States agricultural commodities and products that otherwise would be made; "(B) affect usual marketings of the United States; "(C) disrupt world prices of agricultural commodities or normal patterns of trade with friendly countries; or "(D) discourage local production and marketing of agri^ ( = cultural commodities in the countries in which commodities and products are distributed under this title; and "(8) the President's recommendations, if any, for changes to improve the conduct of sales, barter, or use activities under this section and section 207.". SEC. 14. USES OF FOREIGN CURRENCIES.

Section 207 of the Agricultural Trade Development and Assistance Act of 1954 (7 U.S.C. 1726a) is amended— (1) in subsection (a), by inserting "or cooperative" after "agency"; (2) in subsection (b), by striking out "5 percent" and inserting in lieu thereof "10 percent"; and (3) by adding at the end the following: "(c) Foreign currencies generated from any partial or full sales or barter of commodities by a nonprofit voluntary agency or cooperative shall be used— "(1) to transport, store, distribute, and otherwise enhance the effectiveness of the use of commodities and the products thereof donated under this title; and "(2) to implement income generating, community development, health, nutrition, cooperative development, agricultural programs, and other developmental activities.". SEC. 15. PERIODS FOR REVIEW AND COMMENT.

Title II of the Agricultural Trade Development and Assistance Act of 1954 (7 U.S.C. 1721 et seq.) is amended by adding at the end thereof the following: 7 USC 1726b.

"SEC. 208. PERIODS FOR REVIEW AND COMMENT.

"(a) RESPONSE.—If a proposal to make agricultural commodities available under this title is submitted by a nonprofit voluntary agency or cooperative with the concurrence of the appropriate