22 U.S.C. § 9601 — Definitions

In this chapter: (1) “Advancing income country” means, for a Corporation fiscal year, a country whose per-person gross national income at the year's start is above the World Bank threshold for starting the International Bank for Reconstruction and Development graduation process and at or below the World Bank per-person threshold for a high-income economy. (2) “Appropriate congressional committees” means the Senate Foreign Relations and Appropriations Committees and the House Foreign Affairs and Appropriations Committees. (3) “Country of concern” means Venezuela, Cuba, North Korea, Iran, China, Russia, or Belarus, using the formal names listed in the supplied text. (4) “High-income country” means, for a Corporation fiscal year, a country classified by the World Bank as a high-income economy at the year's start, but not a wealthy country except to the extent section 9612(f) permits investments there. (5) “Less developed country” means, for a Corporation fiscal year, a country whose per-person gross national income at the year's start is at or below the World Bank threshold for starting the International Bank for Reconstruction and Development graduation process. (6) “Predecessor authority” means authorities repealed by subchapter VI. (7) “Qualifying sovereign entity” means (A) a foreign state's agency or instrumentality, as defined in 28 U.S.C. § 1603, with a purpose similar to the Corporation's section 9612(b) purpose, or (B) an international financial institution as defined in 22 U.S.C. § 262r(c). (8) “Wealthy country” means, for a Corporation fiscal year, (A) one of the 20 countries with the highest per-person gross domestic product at purchasing power parity as calculated by the World Bank, but (B) not a Five Eyes alliance member or an overseas territory of one of those 20 countries.