I

107TH CONGRESS

1ST SESSION H. R. 1358

To remove the sanctions imposed on India and Pakistan as a result of

the detonation by those countries of nuclear explosive devices in 1998,

and for other purposes.

IN THE HOUSE OF REPRESENTATIVES

APRIL 3, 2001

Mr. MCDERMOTT (for himself and Mr. ROYCE) introduced the following bill;

which was referred to the Committee on International Relations, and in

addition to the Committee on Financial Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such

provisions as fall within the jurisdiction of the committee concerned

A BILL

To remove the sanctions imposed on India and Pakistan

as a result of the detonation by those countries of nuclear explosive devices in 1998, and for other purposes.

1 Be it enacted by the Senate and House of Representa2 tives of the United States of America in Congress assembled,

3 SECTION 1. REMOVAL OF SANCTIONS ON INDIA AND

4 PAKISTAN.

5 (a) REMOVAL OF SANCTIONS.—Effective on the date

6 of the enactment of this Act, all prohibitions on assistance

7 to India or Pakistan, and all sanctions and other economic
2

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1 restrictions imposed on India or Pakistan, or persons or

2 entities in India or Pakistan, under—

3 (1) section 101 or 102 of the Arms Export

4 Control Act (22 U.S.C. 2799aa and 2799aa–1),

5 (2) section 2(b)(4) of the Export-Import Bank

6 Act of 1945 (12 U.S.C. 635(b)(4), or

7 (3) any other provision of law,

8 on account of the detonation by India and Pakistan of nu9 clear explosive devices in 1998, shall cease to be effective.

10 (b) CONFORMING AMENDMENT.—Title IX of the De11 partment of Defense Appropriations Act, 2000 (22 U.S.C.

12 2799aa–1 note) is repealed.

13 SEC. 2. FAVORABLE CONSIDERATION OF MATTERS RE14 LATED TO INDIA OR PAKISTAN AT THE

15 INTERNATIONAL FINANCIAL INSTITUTIONS.

16 Title XVI of the International Financial Institutions

17 Act (42 U.S.C. 262p—262p–7) is amended by adding at

18 the end the following:

19 ‘‘SEC. 1625. FAVORABLE CONSIDERATION OF MATTERS RE20 LATED TO INDIA OR PAKISTAN.

21 ‘‘Subject to section 701, the Secretary of the Treas22 ury shall instruct the United States Executive Directors

23 at the International Bank for Reconstruction and Devel24 opment, the International Monetary Fund, and the Asian
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1 Development Bank to use the voice, vote, and influence

2 of the United States to urge their respective institutions—

3 ‘‘(1) to approve any assistance for India that

4 the Government of India may request, except any

5 part of such a request the approval of which the

6 United States Executive Director, after consultation

7 with the appropriate representative of the Govern8 ment of India, determines would not be in the best

9 interests of India or the United States; and

10 ‘‘(2) to approve any assistance for Pakistan

11 that the Government of Pakistan may request, ex12 cept any part of such a request the approval of

13 which the United States Executive Director, after

14 consultation with the appropriate representative of

15 the Government of Pakistan, determines would not

16 be in the best interests of Pakistan or the United

17 States.’’.

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