§ 262p–4p TITLE 22—FOREIGN RELATIONS AND INTERCOURSE Page 52

national financial institutions (as defined in section 262r(c)(2) of this title) and the United

States representative to the council of the Global Environment Facility administered by the

International Bank for Reconstruction and Development to use the voice and vote of the

United States to bring about the creation and

full implementation of policies designed to promote respect for and full protection of the territorial rights, traditional economies, cultural integrity, traditional knowledge and human rights

of indigenous peoples.

(Pub. L. 95–118, title XVI, §1620, as added Pub. L.

103–306, title V, §526(e), Aug. 23, 1994, 108 Stat.

1633.)

PRIOR PROVISIONS

A prior section 1620 of Pub. L. 95–118 was renumbered

1622 and is classified to section 262p–5 of this title.

DEFINITIONS

The definitions in section 262p–5 of this title apply to

this section.

§ 262p–4p. Encouragement of fair labor practices

(a) The Secretary of the Treasury shall direct

the United States Executive Directors of the

international financial institutions (as defined

in section 262r(c)(2) of this title) to use the voice

and vote of the United States to urge the respective institution—

(1) to adopt policies to encourage borrowing

countries to guarantee internationally recognized worker rights (within the meaning of

section 2467(4) of title 19) and to include the

status of such rights as an integral part of the

institution’s policy dialogue with each borrowing country;

(2) in developing the policies referred to in

paragraph (1), to use the relevant conventions

of the International Labor Organization,

which have set forth, among other things, the

right of association, the right to organize and

bargain collectively, a prohibition on the use

of any form of forced or compulsory labor, and

certain minimum labor standards that take

into account differences in development levels

among nations including a minimum age for

the employment of children, acceptable conditions of work with respect to minimum wages,

hours of work, and occupational safety and

health; and

(3) to establish formal procedures to screen

projects and programs funded by the institution for any negative impact in a borrowing

country on the rights referred to in paragraph

(1).

(b) The Secretary of the Treasury shall submit

to the Committee on Banking, Finance and

Urban Affairs of the House of Representatives

and the Committee on Foreign Relations of the

Senate by the end of each fiscal year a report on

the extent to which each borrowing country

guarantees internationally recognized worker

rights to its labor force and on progress toward

achieving each of the goals described in subsection (a) of this section.

(Pub. L. 95–118, title XVI, §1621, as added Pub. L.

103–306, title V, §526(e), Aug. 23, 1994, 108 Stat.

1634; amended Pub. L. 104–188, title I, §1954(b)(4),

Aug. 20, 1996, 110 Stat. 1928.)

CODIFICATION

Another section 1621 of Pub. L. 95–118 is classified to

section 262p–4q of this title.

AMENDMENTS

1996—Subsec. (a)(1). Pub. L. 104–188 substituted

‘‘2467(4)’’ for ‘‘2462(a)(4)’’.

CHANGE OF NAME

Committee on Banking, Finance and Urban Affairs of

House of Representatives treated as referring to Committee on Banking and Financial Services of House of

Representatives by section 1(a) of Pub. L. 104–14, set

out as a note preceding section 21 of Title 2, The Congress.

EFFECTIVE DATE OF 1996 AMENDMENT

Amendment by Pub. L. 104–188 applicable to articles

entered on or after Oct. 1, 1996, with provisions relating

to retroactive application, see section 1953 of Pub. L.

104–188, set out as an Effective Date note under section

2461 of Title 19, Customs Duties.

DEFINITIONS

The definitions in section 262p–5 of this title apply to

this section.

§ 262p–4q. Opposition to assistance by international financial institutions to terrorist

states

(a) In general

The Secretary of the Treasury shall instruct

the United States executive director of each

international financial institution to use the

voice and vote of the United States to oppose

any loan or other use of the funds of the respective institution to or for a country for which the

Secretary of State has made a determination

under section 2405(j) of title 50, Appendix, or section 2371 of this title.

(b) ‘‘International financial institution’’ defined

For purposes of this section, the term ‘‘international financial institution’’ includes—

(1) the International Bank for Reconstruction and Development, the International Development Association, and the International

Monetary Fund;

(2) wherever applicable, the Inter-American

Bank, the Asian Development Bank, the European Bank for Reconstruction and Development, the African Development Bank, and the

African Development Fund; and

(3) any similar institution established after

April 24, 1996.

(Pub. L. 95–118, title XVI, §1621, as added Pub. L.

104–132, title III, §327, Apr. 24, 1996, 110 Stat.

1257.)

CODIFICATION

Another section 1621 of Pub. L. 95–118 is classified to

section 262p–4p of this title.

§ 262p–5. Definitions

For purposes of this title and titles XIV and

XV—

(1) the term ‘‘multilateral development

bank’’ means the International Bank for Reconstruction and Development, the International Development Association, and the regional multilateral development banks; and

(2) the term ‘‘regional multilateral development bank’’ means the Inter-American Devel-