§ 5871 TITLE 22—FOREIGN RELATIONS AND INTERCOURSE Page 1226

and engineers in the university or academic

sectors, and which shall include some contribution from industrial participants.

(d) Funding

(1) Use of certain Department of Defense funds

(A) To the extent funds appropriated to

carry out subtitle E of title XIV of the National Defense Authorization Act for Fiscal

Year 1993 [22 U.S.C. 5931] (relating to joint research and development programs with the

independent states of the former Soviet

Union) are otherwise available for such purpose, such funds may be made available to the

Director for use by the Director in establishing the endowment of the Foundation and

otherwise carrying out this section.

(B) For each fiscal year after fiscal year 1993,

not more than 50 percent of the funds made

available to the Foundation by the United

States Government may be funds appropriated

in the national defense budget function (function 050).

(2) Contribution to endowment by participating independent states

As a condition of participation in the Foundation, an independent state of the former Soviet Union must make a minimum contribution to the endowment of the Foundation, as

determined by the Director, which shall reflect the ability of the independent state to

make a financial contribution and its expected

level of participation in the Foundation’s programs.

(3) Debt conversions

To the extent provided in advance by appropriations Acts, local currencies or other assets

resulting from government-to-government

debt conversions may be made available to the

Foundation. For purposes of this paragraph,

the term ‘‘debt conversion’’ means an agreement whereby a country’s government-to-government or commercial external debt burden

is exchanged by the holder for local currencies, policy commitments, other assets, or

other economic activities, or for an equity interest in an enterprise theretofore owned by

the debtor government.

(4) Local currencies

In addition to other uses provided by law,

and subject to agreement with the foreign government, local currencies generated by United

States assistance programs may be made

available to the Foundation.

(5) Investment of Government assistance

The Foundation may invest any revenue provided to it through United States Government

assistance, and any interest earned on such investment may be used only for the purpose for

which the assistance was provided.

(6) Other funds from Government and nongovernmental sources

The Foundation may accept such other

funds as may be provided to it by Government

agencies or nongovernmental entities.

(Pub. L. 102–511, title V, §511, Oct. 24, 1992, 106

Stat. 3345.)

REFERENCES IN TEXT

Subtitle E of title XIV of the National Defense Authorization Act for Fiscal Year 1993, referred to in subsec. (d)(1), is subtitle E of title XIV of div. A of Pub. L.

102–484, Oct. 23, 1992, 106 Stat. 2566, which is classified

generally to subchapter IV (§5931) of chapter 68 of this

title.

SECTION REFERRED TO IN OTHER SECTIONS

This section is referred to in section 5931 of this title.

SUBCHAPTER V—SPACE TRADE AND

COOPERATION

§ 5871. Facilitating discussions regarding acquisition of space hardware, technology, and services from former Soviet Union

(a) Expedited review

Any request for a license or other approval described in subsection (c) of this section that is

submitted to any United States Government

agency by the National Aeronautics and Space

Administration, any of its contractors, or any

other person shall be considered on an expedited

basis by that agency and any other agency involved in an applicable interagency review process.

(b) Notice to Congress if license denied

If any United States Government agency denies a request for a license or other approval described in subsection (c) of this section, that

agency shall immediately notify the designated

congressional committees. Each such notification shall include a statement of the reasons for

the denial.

(c) Description of discussions

This section applies to a request for any license or other approval that may be necessary

to conduct discussions with an independent

state of the former Soviet Union with respect to

the possible acquisition of any space hardware,

space technology, or space service for integration into—

(1) United States space projects that have

been approved by the Congress, or

(2) commercial space ventures,

including discussions relating to technical evaluation of such hardware, technology, or service.

(Pub. L. 102–511, title VI, §601, Oct. 24, 1992, 106

Stat. 3346.)

SECTION REFERRED TO IN OTHER SECTIONS

This section is referred to in sections 5872, 5873 of this

title.

§ 5872. Office of Space Commerce

(a) Trade missions

The Office of Space Commerce of the Department of Commerce is authorized and encouraged

to conduct one or more trade missions to appropriate independent states of the former Soviet

Union for the purpose of familiarizing United

States aerospace industry representatives with

space hardware, space technologies, and space

services that may be available from the independent states, and with the business practices

and overall business climate in the independent

states.