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22 U.S.C. § 2686Review of world-wide supply, demand, and price of basic raw and processed materials

submitted 52 years ago by Pub. L. 93-475 to r/title-22-FOREIGN-RELATIONS-AND-INTERCOURSE · 204 words · no verdicts yet

in plain englishAI-generated · not legal advice

Congress states that the Secretary of State should establish a bureau that continuously reviews worldwide supply, demand, and prices of basic raw and processed materials. The bureau should also study government programs and specified information about shortages and markets.

It is the sense of the Congress that the Secretary of State should, and he is authorized to, establish within the Department of State a bureau which shall be responsible for continuously reviewing (1) the supply, demand, and price, throughout the world, of basic raw and processed materials (including agricultural commodities), and (2) the effect of United States Government programs and policies (including tax policy) in creating or alleviating, or assisting in creating or alleviating, shortages of such materials. In conducting such review, the bureau should obtain information with respect to— (A) the supply, demand, and price of each such material in each major importing, exporting, and producing country and region of the world in order to understand long-term and short-term trends in the supply, demand, and price of such materials; (B) projected imports and exports of such materials on a country-by-country basis; (C) unusual patterns or changes in connection with the purchase or sale of such materials; (D) a list of such materials in short supply and an estimate of the amount of shortage; (E) international geological, geophysical, and political conditions which may affect the supply of such materials; and (F) other matters that the Secretary considers appropriate in carrying out this section.
the actual law source: uscode.house.gov ↗public domain

It is the sense of the Congress that the Secretary of State should, and he is authorized to, establish within the Department of State a bureau which shall be responsible for continuously reviewing (1) the supply, demand, and price, throughout the world, of basic raw and processed materials (including agricultural commodities), and (2) the effect of United States Government programs and policies (including tax policy) in creating or alleviating, or assisting in creating or alleviating, shortages of such materials. In conducting such review, the bureau should obtain information with respect to—

(A)

the supply, demand, and price of each such material in each major importing, exporting, and producing country and region of the world in order to understand long-term and short-term trends in the supply, demand, and price of such materials;

(B)

projected imports and exports of such materials on a country-by-country basis;

(C)

unusual patterns or changes in connection with the purchase or sale of such materials;

(D)

a list of such materials in short supply and an estimate of the amount of shortage;

(E)

international geological, geophysical, and political conditions which may affect the supply of such materials; and

(F)

other matters that the Secretary considers appropriate in carrying out this section.

Source credit: (Pub. L. 93–475, § 14, Oct. 26, 1974, 88 Stat. 1443.)

history & why it existsrecord from the source credit
  • 1974Enacted · Pub. L. 93-475 · 88 Stat. 1443

A history note hasn’t been published yet. The record shows enactment by Pub. L. 93-475 on 1974-10-26.

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