§ 5823 TITLE 22—FOREIGN RELATIONS AND INTERCOURSE Page 1216

§ 5823. Funding for export promotion activities

and capital projects

(a) Allocation of A.I.D. funds

The President is encouraged to use a portion

of the funds made available for the independent

states of the former Soviet Union under chapter

11 of part I of the Foreign Assistance Act of 1961

[22 U.S.C. 2295 et seq.]—

(1) to fund the export promotion, finance,

and related activities carried out pursuant to

subsection (b)(1) of this section, including activities relating to the export of intermediary

goods; and

(2) to fund capital projects, including

projects for telecommunications, environmental cleanup, power production, and energy

related projects.

(b) Export promotion, finance, and related activities

The Secretary of Commerce, as Chair of the

Trade Promotion Coordination Committee,

should, in conjunction with other members of

that committee, design and implement programs to provide adequate commercial and technical assistance to United States businesses

seeking markets in the independent states of

the former Soviet Union, including the following:

(1) Increasing the United States and Foreign

Commercial Service presence in the independent states, in particular in the Russian Far

Eastern cities of Vladivostok and Khabarovsk.

(2) Preparing profiles of export opportunities

for United States businesses in the independent states and providing other technical assistance.

(3) Utilizing the Market Development Cooperator Program under section 4723 of title

15.

(4) Developing programs specifically for the

purpose of assisting small- and medium-sized

businesses in entering commercial markets of

the independent states. In carrying out this

paragraph, the Secretary of Commerce, to the

extent possible, should work directly with private sector organizations with proven experience in trade and economic relations with the

independent states.

(5) Supporting projects undertaken by the

United States business community on the

basis of partnership, joint venture, contractual, or other cooperative agreements with appropriate entities in the independent states.

(6) Supporting export finance programs, feasibility studies, political risk insurance, and

other related programs through increased

funding and flexibility in the implementation

of such programs.

(7) Supporting the Business Information

Service (BISNIS) and its related programs.

(Pub. L. 102–511, title III, §303, Oct. 24, 1992, 106

Stat. 3333.)

REFERENCES IN TEXT

The Foreign Assistance Act of 1961, referred to in subsec. (a), is Pub. L. 87–195, Sept. 4, 1961, 75 Stat. 424, as

amended. Chapter 11 of part I of the Act is classified

generally to part XI (§2295 et seq.) of subchapter I of

chapter 32 of this title. For complete classification of

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

section 2151 of this title and Tables.

SECTION REFERRED TO IN OTHER SECTIONS

This section is referred to in section 5813 of this title;

title 15 section 4727.

§ 5824. Interagency working group on energy of

the Trade Promotion Coordinating Committee

The Trade Promotion Coordinating Committee should utilize its interagency working group

on energy to assist United States energy sector

companies to develop a long-term strategy for

penetrating the energy market in the independent states of the former Soviet Union. The

working group should—

(1) work with officials from the independent

states in creating an environment conducive

to United States energy investment;

(2) help to coordinate assistance to United

States companies involved with projects to

clean up former Soviet nuclear weapons sites

and commercial nuclear waste; and

(3) work with representatives from United

States business and industry involved with the

energy sector to help facilitate the identification of business opportunities, including the

promotion of oil, gas, and clean coal technology and products, energy efficiency, and

the formation of joint ventures between

United States companies and companies of the

independent nations.

(Pub. L. 102–511, title III, §304, Oct. 24, 1992, 106

Stat. 3334.)

SECTION REFERRED TO IN OTHER SECTIONS

This section is referred to in title 15 section 4727.

§ 5825. Repealed. Pub. L. 104–66, title I, § 1021(e),

Dec. 21, 1995, 109 Stat. 713

Section, Pub. L. 102–511, title III, §305, Oct. 24, 1992,

106 Stat. 3335, directed Secretary of Commerce to submit to Congress annual reports describing implementation of business and commercial development provisions, analyzing programs of other industrialized countries, and examining trade practices of other Organization for Economic Cooperation and Development nations.

§ 5826. Policy on combatting tied aid practices

Should the Secretary of the Treasury determine that foreign countries are engaged in tied

aid practices with respect to any of the independent states of the former Soviet Union that

violate the 1991 Helsinki agreement of the Organization for Economic Cooperation and Development, the President should give priority attention to combatting such practices.

(Pub. L. 102–511, title III, §306, Oct. 24, 1992, 106

Stat. 3335.)

§ 5827. Technical assistance for Russian Far East

(a) Authorization

The President is authorized to provide technical assistance, through an American university in a region which received nonstop air service to and from the Russian Far East as of July

1, 1992, to facilitate the development of United

States business opportunities, free markets, and

democratic institutions in the Russian Far East.