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separate account established pursuant to subsection (a)
shall be disposed of for such purposes as may be agreed to
by the government of that country and the United States
Government.
(5) CONFORMING AMENDMENTS.—The provisions of
this subsection shall supersede the tenth and eleventh provi-
sos contained under the heading ‘‘Sub-Saharan Africa, De-
velopment Assistance’’ as included in the Foreign Oper-
ations, Export Financing, and Related Programs Appro-
priations Act, 1989 and sections 531(d) and 609 of the For-
eign Assistance Act of 1961.
(b) SEPARATE ACCOUNTS FOR CASH TRANSFERS.—(1)
If assistance is made available to the government of a for-
eign country, under chapters 1 or 10 of part I (including
the Philippines Multilateral Assistance Initiative) or chap-
ter 4 of part II of the Foreign Assistance Act of 1961, as
cash transfer assistance or as nonproject sector assistance,
that country shall be required to maintain such funds in
a separate account and not commingle them with any other
funds.
(2) APPLICABILITY OF OTHER PROVISIONS OF LAW.—
Such funds may be obligated and expended notwithstanding
provisions of law which are inconsistent with the nature
of this assistance including provisions which are referenced
in the Joint Explanatory Statement of the Committee of
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Conference accompanying House Joint Resolution 648 (H.
Report No. 98–1159).
(3) NOTIFICATION.—At least fifteen days prior to obli-
gating any such cash transfer or nonproject sector assist-
ance, the President shall submit a notification through the
regular notification procedures of the Committees on Appro-
priations, which shall include a detailed description of how
the funds proposed to be made available will be used, with
a discussion of the United States interests that will be
served by the assistance (including, as appropriate, a de-
scription of the economic policy reforms that will be pro-
moted by such assistance).
(4) EXEMPTION.—Nonproject sector assistance funds
may be exempt from the requirements of subsection (b)(1)
only through the notification procedures of the Committees
on Appropriations.
COMPENSATION FOR UNITED STATES EXECUTIVE
DIRECTORS TO INTERNATIONAL FINANCIAL INSTITUTIONS
SEC. 538. (a) No funds appropriated by this Act may
be made as payment to any international financial institu-
tion while the United States Executive Director to such in-
stitution is compensated by the institution at a rate which,
together with whatever compensation such Director receives
from the United States, is in excess of the rate provided
for an individual occupying a position at level IV of the
Executive Schedule under section 5315 of title 5, United
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States Code, or while any alternate United States Director
to such institution is compensated by the institution at a
rate in excess of the rate provided for an individual occupy-
ing a position at level V of the Executive Schedule under
section 5316 of title 5, United States Code.
(b) For purposes of this section, ‘‘international finan-
cial institutions’’ are: the International Bank for Recon-
struction and Development, the Inter-American Develop-
ment Bank, the Asian Development Bank, the Asian Devel-
opment Fund, the African Development Bank, the African
Development Fund, the International Monetary Fund, and
the European Bank for Reconstruction and Development.
COMPLIANCE WITH UNITED NATIONS SANCTIONS AGAINST
IRAQ
SEC. 539. (a) DENIAL OF ASSISTANCE.—None of the
funds appropriated or otherwise made available pursuant
to this Act to carry out the Foreign Assistance Act of 1961
(including title IV of chapter 2 of part I, relating to the
Overseas Private Investment Corporation) or the Arms Ex-
port Control Act may be used to provide assistance to any
country that is not in compliance with the United Nations
Security Council sanctions against Iraq unless the Presi-
dent determines and so certifies to the Congress that—
(1) such assistance is in the national interest of
the United States;
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(2) such assistance will directly benefit the needy
people in that country; or
(3) the assistance to be provided will be humani-
tarian assistance for foreign nationals who have fled
Iraq and Kuwait.
(b) IMPORT SANCTIONS.—If the President considers
that the taking of such action would promote the effective-
ness of the economic sanctions of the United Nations and
the United States imposed with respect to Iraq, and is con-
sistent with the national interest, the President may pro-
hibit, for such a period of time as he considers appropriate,
the importation into the United States of any or all prod-
ucts of any foreign country that has not prohibited—
(1) the importation of products of Iraq into its
customs territory, and
(2) the export of its products to Iraq.
POW/MIA MILITARY DRAWDOWN
SEC. 540. (a) Notwithstanding any other provision of
law, the President may direct the drawdown, without reim-
bursement by the recipient, of defense articles from the
stocks of the Department of Defense, defense services of the
Department of Defense, and military education and train-
ing, of an aggregate value not to exceed $15,000,000 in fis-
cal year 1994, as may be necessary to carry out subsection
(b).
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(b) Such defense articles, services and training may
be provided to Cambodia and Laos, under subsection (a)
as the President determines are necessary to support efforts
to locate and repatriate members of the United States
Armed Forces and civilians employed directly or indirectly
by the United States Government who remain unaccounted
for from the Vietnam War, and to ensure the safety of Unit-
ed States Government personnel engaged in such coopera-
tive efforts and to support United States Department of De-
fense-sponsored humanitarian projects associated with the
POW/MIA efforts. Any aircraft shall be provided under this
section only to Laos and only on a lease or loan basis, but
may be provided at no cost notwithstanding section 61 of
the Arms Export Control Act and may be maintained with
defense articles, services and training provided under this
section.
(c) The President shall, within sixty days of the end
of any fiscal year in which the authority of subsection (a)
is exercised, submit a report to the Congress which identifies
the articles, services, and training drawn down under this
section.
(d) There are authorized to be appropriated to the
President such sums as may be necessary to reimburse the
applicable appropriation, fund, or account for defense arti-