22 U.S.C. § 6034 — United States opposition to Cuban membership in international financial institutions

(a)(1) Except as provided in (2), the Secretary of the Treasury must instruct the United States executive director at each international financial institution to use the United States voice and vote against admitting Cuba until the President determines under section 6063(c)(3) that a democratically elected Cuban government^* is in power. (2) After the President determines under section 6063(c)(1) that a transition government is in power, the President is encouraged to support processing Cuba's membership application, with membership taking effect only after a democratically elected government is in power. The Secretary may instruct the executive directors to support loans or other assistance only insofar as they help create a stable foundation for that government. (b) If an institution approves a loan or other assistance to the Cuban Government over United States opposition, the Secretary must withhold from payments to that institution an equal amount, from either: (1) the paid-in part of a capital-stock increase; or (2) the callable part of a capital-stock increase. (c) “International financial institution” means the International Monetary Fund, International Bank for Reconstruction and Development, International Development Association, International Finance Corporation, Multilateral Investment Guaranty Agency, or Inter-American Development Bank.