PUBLIC LAW 101-240—DEC. 19, 1989 103 STAT. 2517 22 USC 262t. take all poarible steps to ensure that information relating to poten- tial procurement oppcntunities for United States firms is expedi- tiously oommumd^ed to the Secretary of the Treasury, the Secretary of State, and the Secretary of Commerce, and is dissem- inated as widely as possible to large and small businesses. •TITLE XIX—PERSONNEL PRACTICES
- «EC 1901. PEBSONNEL FRACnCES.
"(a) STATEMENT OF POUCT. —I t shall be the poli(^ of the United States that no initiatives, discussions, or recommendations concern- ing the placement or removal <^ any personnel emploved by the international financial institutions shall be based on the poutical philosopliQr or activity of the individual under consideration. "(b) CONSULTATION. —The Secretary of the Treasury shall consult with the Chairman and the ranlong minority member of the Committee on Banking, Finance and XJrban Affairs of the House of Representatives and the Committee on Foreign Relations of the Senate before any discussion or recommendations by any official of the United States Government concerning the placement or removal of any principal officer of any international financial institutions.". (b) TRANSFER OF PROVISIONS RELATING TO MULTILATERAL DEVELOP- MENT BANK PROCUREMENT. —<1) Section 3202 of the Omnibus Trade and Competitiveness Act of 1988 (22 U.S.C. 262a) is hereby trans- ferred to the International Financial Institutions Act, inserted after 22 USC 262q. the heading of title XVm (as added by the amendment made by subsection (a) of this section), and redesignated as section 1801. 22 USC 262s. (2) Section 2302 of the Omnibus Trade and Competitiveness Act of 1988 (15 UJS.C. 4722) is hereby transferred to the International Financial Institutions Act, inserted after section 1802 (as added by the amendment made by subsection (^0 of this section), redesignated 22 USC 262s-2. as section 1803, and amendedfaystriking subsection (c). (c) CONFORMING AMENDMENT.—Section 701(c) of the International Financial Institutions Act (22 UJS.C. 262d(c)) is amended to read as follows: "(c)(1) Not later than 30 days after the end of each calendar quarter, the Secretary of the Treasury shall report quarterly on all loans considered by the Boards of Executive Directors of the institu- tions listed in subsection (a) to the Chairman and ranking minority member of the Committee on Banking, Finance and UrlMm Affairs of the House of Representatives, or the designees of such Chairman and ranking minority member, and the Chairman and ranking minority member of the Committee on Foreign Relations of the Senate. "(2) Each report required by paragraph (1) shall— Human rights. "(A) include a list of all loana considered by the Board of Executive Directors of the institutions listed in subsection (a) and shall specify with respect to each such loan— "(i) uie institution involyec^ "(ii) the date offinalaction; "(iii) the borrowei^ "(iv) the amount; "(v) the project or program; "(^ the vote of the United States Government; "(vii) the reason for United Stotes Government opposi- tion, if any Reports. Loans.
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