§ 5402 TITLE 22—FOREIGN RELATIONS AND INTERCOURSE Page 1182

prise Funds for Poland and Hungary are hereby delegated to the Administrator of the United States Agency for International Development. The Administrator

shall consult, as appropriate, with other relevant agencies in exercising the functions herein delegated.

SEC. 3. Department of Commerce. The functions conferred upon the President by section 602 of the Act [22

U.S.C. 5462] regarding the establishment of a SEED Information Center System in cooperation with the Governments of Poland and Hungary are hereby delegated

to the Secretary of Commerce. This authority is to be

exercised in consultation with the SEED Program Coordinator and in consultation with other agencies as

appropriate.

SEC. 4. Department of the Treasury. The functions conferred upon the President by section 104 of the Act [22

U.S.C. 5414] regarding debt reduction of certain East

European countries are hereby delegated to the Secretary of the Treasury. The Secretary shall consult, as

appropriate, with other relevant agencies in exercising

the functions herein delegated.

GEORGE BUSH.

§ 5402. Scope of authority

(a) General authorization

The President is authorized to conduct activities for any East European country that are

similar to any activity authorized by this chapter to be conducted in Poland or Hungary (excluding those authorized by section 5412 of this

title or the amendments made by sections 301

and 304) if such similar activities would effectively promote a transition to market-oriented

democracy.

(b) Administration of justice programs

In order to strengthen the administration of

justice in East European countries, the President may exercise the same authorities with respect to those countries as are available under

section 2346c of this title, subject to the limitations and requirements of that section, other

than subsection (c) and the last two sentences of

subsection (e).

(c) ‘‘East European country’’ defined

For purposes of this chapter, the term ‘‘East

European country’’ includes Albania, Bulgaria,

the Czech and Slovak Federal Republic, Estonia,

Hungary, Latvia, Lithuania, Poland, Romania,

and states that were part of the former Socialist

Federal Republic of Yugoslavia.

(Pub. L. 101–179, §3, as added Pub. L. 102–511,

title IX, §903(a), 106 Stat. 3355.)

REFERENCES IN TEXT

This chapter, referred to in subsecs. (a) and (c), was

in the original ‘‘this Act’’, meaning Pub. L. 101–179,

Nov. 28, 1989, 103 Stat. 1298, which is classified principally to this chapter. For complete classification of

this Act to the Code, see Short Title note set out under

section 5401 of this title and Tables.

Sections 301 and 304, referred to in subsec. (a), are

sections 301 and 304 of Pub. L. 101–179, title III, Nov. 28,

1989, 103 Stat. 1311, 1312. Section 301 amended section

2462 of Title 19, Customs Duties. Section 304 enacted

section 2185 of this title, amended section 2184 of this

title, and enacted provisions set out as a note under

section 2185 of this title.

SECTION REFERRED TO IN OTHER SECTIONS

This section is referred to in title 12 section 635.

SUBCHAPTER I—STRUCTURAL

ADJUSTMENT

SUBCHAPTER REFERRED TO IN OTHER SECTIONS

This subchapter is referred to in section 5471 of this

title.

§ 5411. Multilateral support for structural adjustment in Poland and Hungary

(a) Multilateral assistance for Poland and Hungary

(1) In general

To the extent that Poland and Hungary continue to evolve toward pluralism and democracy and to develop and implement comprehensive economic reform programs, the United

States Government shall take the leadership

in mobilizing international financial institutions, in particular the International Monetary Fund and the International Bank for Reconstruction and Development and its affiliated institutions in the World Bank group, to

provide timely and appropriate resources to

help Poland and Hungary.

(2) World Bank structural adjustment loan for

Poland

In furtherance of paragraph (1), the Secretary of the Treasury shall direct the United

States Executive Director of the International

Bank for Reconstruction and Development to

urge expeditious approval and disbursement

by the Bank of a structural adjustment loan

to Poland in an appropriate amount in time to

facilitate the implementation of major economic reforms scheduled for early 1990, including the termination of energy, export, and agricultural subsidies and wage indexation.

(b) Stabilization assistance, debt relief, and agricultural assistance for Poland

To the extent that Poland continues to evolve

toward pluralism and democracy and to develop

and implement comprehensive economic reform

programs, the United States Government shall

do the following:

(1) Stabilization assistance

The United States Government, in conjunction with other member governments of the

Organization of Economic Cooperation and Development (OECD) and international financial

institutions (including the International Monetary Fund), shall support the implementation

of a plan of the Government of Poland to attack hyperinflation and other structural economic problems, address pressing social problems, carry out comprehensive economic reform, and relieve immediate and urgent balance of payments requirements in Poland,

through the use of mechanisms such as—

(A) the Exchange Stabilization Fund pursuant to section 5302 of title 31 and in accordance with established Department of the

Treasury policies and procedures; and

(B) the authority provided in section

5412(c) of this title.

(2) Debt relief

The United States Government—

(A) shall urge all members of the ‘‘Paris

Club’’ of creditor governments and other