22 U.S.C. § 262n — Congressional findings and policies respecting agricultural and commodity production

submitted 39 years ago by Pub. L. 95-118 to r/title-22-FOREIGN-RELATIONS-AND-INTERCOURSE · 66 words · no verdicts yet

in plain englishAI-generated · not legal advice

Congress finds that some development-bank projects have hurt American farmers. It's concerned when bank financing damages U.S. agribusiness interests. Congress also finds that higher rural income abroad tends to boost U.S. farm exports.

Congress makes these findings: (1) Multilateral development banks' financing of certain programs and projects has raised serious concern, because these programs and projects have hurt American farmers and the agribusiness sector. (2) When rural income rises in developing countries, it generally leads to more exports of U.S. farm and food products.

the actual law source: uscode.house.gov ↗public domain

The Congress hereby finds the following:

(1)

The financing of certain programs and projects by multilateral development banks has been of great concern insofar as the programs and projects have been detrimental to the interests of American farmers and the agribusiness sector.

(2)

An increase in rural income in developing countries will generally result in an increase in exports of United States agricultural and food products.

Source credit: (Pub. L. 95–118, title XIV, § 1401, as added Pub. L. 100–202, § 101(e) [title I], Dec. 22, 1987, 101 Stat. 1329–131, 1329–134.)

history & why it existsrecord from the source credit

1987Enacted · Pub. L. 95-118 · 101 Stat. 1329

A history note hasn’t been published yet. The record shows enactment by Pub. L. 95-118 on 1987-12-22.

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