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ADMINISTRATIVE EXPENSES
For administrative expenses to carry out the direct
and guaranteed loan and insurance programs (to be com-
puted on an accrual basis), including hire of passenger
motor vehicles and services as authorized by 5 U.S.C. 3109,
and not to exceed $20,000 for official reception and rep-
resentation expenses for members of the Board of Directors,
$45,369,000: Provided, That necessary expenses (including
special services performed on a contract or fee basis, but
not including other personal services) in connection with
the collection of moneys owed the Export-Import Bank, re-
possession or sale of pledged collateral or other assets ac-
quired by the Export-Import Bank in satisfaction of mon-
eys owed the Export-Import Bank, or the investigation or
appraisal of any property, or the evaluation of the legal
or technical aspects of any transaction for which an appli-
cation for a loan, guarantee or insurance commitment has
been made, shall be considered nonadministrative expenses
for the purposes of this heading.
FUNDS APPROPRIATED TO THE PRESIDENT
TRADE AND DEVELOPMENT AGENCY
For necessary expenses to carry out the provisions of
section 661 of the Foreign Assistance Act of 1961,
$40,000,000.
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TITLE V—GENERAL PROVISIONS
OBLIGATIONS DURING LAST MONTH OF AVAILABILITY
SEC. 501. Except for the appropriations entitled
‘‘International Disaster Assistance’’, and ‘‘United States
Emergency Refugee and Migration Assistance Fund’’, not
more than 15 per centum of any appropriation item made
available by this Act shall be obligated during the last
month of availability.
PROHIBITION OF BILATERAL FUNDING FOR INTERNATIONAL
FINANCIAL INSTITUTIONS
SEC. 502. None of the funds contained in title II of
this Act may be used to carry out the provisions of section
209(d) of the Foreign Assistance Act of 1961.
LIMITATION ON RESIDENCE EXPENSES
SEC. 503. Of the funds appropriated or made available
pursuant to this Act, not to exceed $126,500 shall be for
official residence expenses of the Agency for International
Development during the current fiscal year: Provided, That
appropriate steps shall be taken to assure that, to the maxi-
mum extent possible, United States-owned foreign cur-
rencies are utilized in lieu of dollars.
LIMITATION ON EXPENSES
SEC. 504. Of the funds appropriated or made available
pursuant to this Act, not to exceed $5,000 shall be for enter-
tainment expenses of the Agency for International Develop-
ment during the current fiscal year.
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LIMITATION ON REPRESENTATIONAL ALLOWANCES
SEC. 505. Of the funds appropriated or made available
pursuant to this Act, not to exceed $95,000 shall be avail-
able for representation allowances for the Agency for Inter-
national Development during the current fiscal year: Pro-
vided, That appropriate steps shall be taken to assure that,
to the maximum extent possible, United States-owned for-
eign currencies are utilized in lieu of dollars: Provided fur-
ther, That of the funds made available by this Act for gen-
eral costs of administering military assistance and sales
under the heading ‘‘Foreign Military Financing Program’’,
not to exceed $2,000 shall be available for entertainment
expenses and not to exceed $50,000 shall be available for
representation allowances: Provided further, That of the
funds made available by this Act under the heading ‘‘Inter-
national Military Education and Training’’, not to exceed
$50,000 shall be available for entertainment allowances:
Provided further, That of the funds made available by this
Act for the Inter-American Foundation, not to exceed
$2,000 shall be available for entertainment and representa-
tion allowances: Provided further, That of the funds made
available by this Act for the Peace Corps, not to exceed a
total of $4,000 shall be available for entertainment expenses:
Provided further, That of the funds made available by this
Act under the heading ‘‘Trade and Development Agency’’,
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not to exceed $2,000 shall be available for representation
and entertainment allowances.
PROHIBITION ON FINANCING NUCLEAR GOODS
SEC. 506. None of the funds appropriated or made
available (other than funds for ‘‘International Organiza-
tions and Programs’’) pursuant to this Act, for carrying
out the Foreign Assistance Act of 1961, may be used, except
for purposes of nuclear safety, to finance the export of nu-
clear equipment, fuel, or technology.
PROHIBITION AGAINST DIRECT FUNDING FOR CERTAIN
COUNTRIES
SEC. 507. None of the funds appropriated or otherwise
made available pursuant to this Act shall be obligated or
expended to finance directly any assistance or reparations
to Cuba, Iraq, Libya, the Socialist Republic of Vietnam,
Iran, Serbia, or Syria: Provided, That for purposes of this
section, the prohibition on obligations or expenditures shall
include direct loans, credits, insurance and guarantees of
the Export-Import Bank or its agents.
MILITARY COUPS
SEC. 508. None of the funds appropriated or otherwise
made available pursuant to this Act shall be obligated or
expended to finance directly any assistance to any country
whose duly elected Head of Government is deposed by mili-
tary coup or decree: Provided, That assistance may be re-
sumed to such country if the President determines and re-
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ports to the Committees on Appropriations that subsequent
to the termination of assistance a democratically elected
government has taken office.
TRANSFERS BETWEEN ACCOUNTS
SEC. 509. None of the funds made available by this
Act may be obligated under an appropriation account to
which they were not appropriated, unless the President,
prior to the exercise of any authority contained in the For-
eign Assistance Act of 1961 to transfer funds, consults with
and provides a written policy justification to the Commit-
tees on Appropriations of the House of Representatives and
the Senate: Provided, That the exercise of such authority
shall be subject to the regular notification procedures of the
Committees on Appropriations.
DEOBLIGATION/REOBLIGATION AUTHORITY
SEC. 510. (a) Amounts certified pursuant to section
1311 of the Supplemental Appropriations Act, 1955, as
having been obligated against appropriations heretofore
made under the authority of the Foreign Assistance Act of
1961 for the same general purpose as any of the headings
under the ‘‘Agency for International Development’’ are, if
deobligated, hereby continued available for the same period
as the respective appropriations under such headings or
until September 30, 1994, whichever is later, and for the
same general purpose, and for countries within the same
region as originally obligated: Provided, That the Appro-
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priations Committees of both Houses of the Congress are
notified fifteen days in advance of the deobligation and
reobligation of such funds in accordance with regular notifi-
cation procedures of the Committees on Appropriations.
(b) Obligated balances of funds appropriated to carry
out section 23 of the Arms Export Control Act as of the
end of the fiscal year immediately preceding the current
fiscal year are, if deobligated, hereby continued available
during the current fiscal year for the same purpose under
any authority applicable to such appropriations under this
Act.
AVAILABILITY OF FUNDS
SEC. 511. No part of any appropriation contained in
this Act shall remain available for obligation after the expi-
ration of the current fiscal year unless expressly so provided
in this Act: Provided, That funds appropriated for the pur-
poses of chapter 1 of part I, section 667, and chapter 4
of part II of the Foreign Assistance Act of 1961, as amend-
ed, shall remain available until expended if such funds are
initially obligated before the expiration of their respective
periods of availability contained in this Act: Provided fur-
ther, That, notwithstanding any other provision of this Act,
any funds made available for the purposes of chapter 1 of
part I and chapter 4 of part II of the Foreign Assistance
Act of 1961 which are allocated or obligated for cash dis-
bursements in order to address balance of payments or eco-
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nomic policy reform objectives, shall remain available until
expended: Provided further, That the report required by sec-
tion 653(a) of the Foreign Assistance Act of 1961 shall des-
ignate for each country, to the extent known at the time
of submission of such report, those funds allocated for cash
disbursement for balance of payment and economic policy
reform purposes.
LIMITATION ON ASSISTANCE TO COUNTRIES IN DEFAULT
SEC. 512. No part of any appropriation contained in
this Act shall be used to furnish assistance to any country
which is in default during a period in excess of one calendar
year in payment to the United States of principal or inter-
est on any loan made to such country by the United States
pursuant to a program for which funds are appropriated
under this Act: Provided, That this section and section
620(q) of the Foreign Assistance Act of 1961 shall not apply
to funds made available in this Act or during the current
fiscal year for Nicaragua, and for any narcotics-related as-
sistance for Colombia, Bolivia, and Peru authorized by the
Foreign Assistance Act of 1961 or the Arms Export Control
Act.
COMMERCE AND TRADE
SEC. 513. (a) None of the funds appropriated or made
available pursuant to this Act for direct assistance and
none of the funds otherwise made available pursuant to this
Act to the Export-Import Bank and the Overseas Private
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Investment Corporation shall be obligated or expended to
finance any loan, any assistance or any other financial
commitments for establishing or expanding production of
any commodity for export by any country other than the
United States, if the commodity is likely to be in surplus
on world markets at the time the resulting productive ca-
pacity is expected to become operative and if the assistance
will cause substantial injury to United States producers of
the same, similar, or competing commodity: Provided, That
such prohibition shall not apply to the Export-Import Bank
if in the judgment of its Board of Directors the benefits to
industry and employment in the United States are likely
to outweigh the injury to United States producers of the
same, similar, or competing commodity.
(b) None of the funds appropriated by this or any other
Act to carry out chapter 1 of part I of the Foreign Assist-
ance Act of 1961 shall be available for any testing or breed-
ing feasibility study, variety improvement or introduction,
consultancy, publication, conference, or training in connec-
tion with the growth or production in a foreign country
of an agricultural commodity for export which would com-
pete with a similar commodity grown or produced in the
United States: Provided, That this subsection shall not pro-
hibit—
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(1) activities designed to increase food security
in developing countries where such activities will not
have a significant impact in the export of agricul-
tural commodities of the United States; or
(2) research activities intended primarily to ben-
efit American producers.
(c) None of the funds provided in this Act to the Agen-
cy for International Development, other than funds made
available to carry out Caribbean Basin Initiative programs
under the Tariff Schedules of the United States, section
1202 of title 19, United States Code, schedule 8, part I,
subpart B, item 807.00, shall be obligated or expended—
(1) to procure directly feasibility studies or
prefeasibility studies for, or project profiles of poten-
tial investment in, the manufacture, for export to the
United States or to third country markets in direct
competition with United States exports, of import-
sensitive articles as defined by section 503(c)(1) (A)
and (E) of the Tariff Act of 1930 (19 U.S.C.
2463(c)(1) (A) and (E)); or
(2) to assist directly in the establishment of fa-
cilities specifically designed for the manufacture, for
export to the United States or to third country mar-
kets in direct competition with United States exports,
of import-sensitive articles as defined in section
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503(c)(1) (A) and (E) of the Tariff Act of 1930 (19
U.S.C. 2463(c)(1) (A) and (E)).
SURPLUS COMMODITIES
SEC. 514. The Secretary of the Treasury shall instruct
the United States Executive Directors of the International
Bank for Reconstruction and Development, the Inter-
national Development Association, the International Fi-
nance Corporation, the Inter-American Development Bank,
the International Monetary Fund, the Asian Development
Bank, the Inter-American Investment Corporation, the Af-
rican Development Bank, and the African Development
Fund to use the voice and vote of the United States to op-
pose any assistance by these institutions, using funds ap-
propriated or made available pursuant to this Act, for the
production or extraction of any commodity or mineral for
export, if it is in surplus on world markets and if the assist-
ance will cause substantial injury to United States produc-
ers of the same, similar, or competing commodity.
NOTIFICATION REQUIREMENTS
SEC. 515. For the purposes of providing the Executive
Branch with the necessary administrative flexibility, none
of the funds made available under this Act for ‘‘Develop-
ment Assistance Fund’’, ‘‘Population, Development Assist-
ance’’, ‘‘Development Fund for Africa’’, ‘‘International or-
ganizations and programs’’, ‘‘American schools and hos-
pitals abroad’’, ‘‘Trade and development agency’’, ‘‘Inter-
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national narcotics control’’, ‘‘Economic support fund’’,
‘‘Peacekeeping operations’’, ‘‘Operating expenses of the
Agency for International Development’’, ‘‘Operating ex-
penses of the Agency for International Development Office
of Inspector General’’, ‘‘Anti-terrorism assistance’’, ‘‘For-
eign Military Financing Program’’, ‘‘International mili-
tary education and training’’, ‘‘Inter-American Founda-
tion’’, ‘‘African Development Foundation’’, ‘‘Peace Corps’’,
or ‘‘Migration and refugee assistance’’, shall be available
for obligation for activities, programs, projects, type of ma-
teriel assistance, countries, or other operation not justified
or in excess of the amount justified to the Appropriations
Committees for obligation under any of these specific head-
ings unless the Appropriations Committees of both Houses
of Congress are previously notified fifteen days in advance:
Provided, That the President shall not enter into any com-
mitment of funds appropriated for the purposes of section
23 of the Arms Export Control Act for the provision of
major defense equipment, other than conventional ammuni-
tion, or other major defense items defined to be aircraft,
ships, missiles, or combat vehicles, not previously justified
to Congress or 20 per centum in excess of the quantities
justified to Congress unless the Committees on Appropria-
tions are notified fifteen days in advance of such commit-
ment: Provided further, That this section shall not apply
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to any reprogramming for an activity, program, or project
under chapter 1 of part I of the Foreign Assistance Act of
1961 of less than 20 per centum of the amount previously
justified to the Congress for obligation for such activity,
program, or project for the current fiscal year: Provided
further, That the requirements of this section or any similar
provision of this Act requiring notification in accordance
with the regular notification procedures of the Committees
on Appropriations may be waived if failure to do so would
pose a substantial risk to human health or welfare: Provided
further, That in case of any such waiver, notification to
the Congress, or the appropriate congressional committees,
shall be provided as early as practicable, but in no event
later than three days after taking the action to which such
notification requirement was applicable, in the context of
the circumstances necessitating such waiver: Provided fur-
ther, That any notification provided pursuant to such a
waiver shall contain an explanation of the emergency cir-
cumstances.
Drawdowns made pursuant to section 506(a)(2) of the
Foreign Assistance Act of 1961 shall be subject to the regu-
lar notification procedures of the Committees on Appropria-
tions.
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LIMITATION ON AVAILABILITY OF FUNDS FOR
INTERNATIONAL ORGANIZATIONS AND PROGRAMS
SEC. 516. (a) Notwithstanding any other provision of
law or of this Act, none of the funds provided for ‘‘Inter-
national Organizations and Programs’’ shall be available
for the United States proportionate share for any programs
for the Palestine Liberation Organization (or for projects
whose purpose is to provide benefits to the Palestine Libera-
tion Organization or entities associated with it), Libya,
Iran, or, at the discretion of the President, Communist
countries listed in section 620(f) of the Foreign Assistance
Act of 1961, as amended: Provided, That, subject to the reg-
ular notification procedures of the Committees on Appro-
priations, funds appropriated under this Act or any pre-
viously enacted Act making appropriations for foreign op-
erations, export financing, and related programs, which are
returned or not made available for organizations and pro-
grams because of the implementation of this section or any
similar provision of law, shall remain available for obliga-
tion through September 30, 1995.
(b) The United States shall not make any voluntary
or assessed contribution—
(1) to any affiliated organization of the United
Nations which grants full membership as a state to
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any organization or group that does not have the
internationally recognized attributes of statehood, or
(2) to the United Nations, if the United Nations
grants full membership as a state in the United Na-
tions to any organization or group that does not have
the internationally recognized attributes of statehood,
during any period in which such membership is effective.
ECONOMIC SUPPORT FUND ASSISTANCE FOR ISRAEL
SEC. 517. The Congress finds that progress on the
peace process in the Middle East is vitally important to
United States security interests in the region. The Congress
recognizes that, in fulfilling its obligations under the Treaty
of Peace Between the Arab Republic of Egypt and the State
of Israel, done at Washington on March 26, 1979, Israel
incurred severe economic burdens. Furthermore, the Con-
gress recognizes that an economically and militarily secure
Israel serves the security interests of the United States, for
a secure Israel is an Israel which has the incentive and
confidence to continue pursuing the peace process. There-
fore, the Congress declares that it is the policy and the in-
tention of the United States that the funds provided in an-
nual appropriations for the Economic Support Fund which
are allocated to Israel shall not be less than the annual debt
repayment (interest and principal) from Israel to the Unit-
ed States Government in recognition that such a principle
serves United States interests in the region.
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REPORTING REQUIREMENT
SEC. 519. The President shall submit to the Commit-
tees on Appropriations the reports required by section
25(a)(1) of the Arms Export Control Act.
SPECIAL NOTIFICATION REQUIREMENTS
SEC. 520. None of the funds appropriated in this Act
shall be obligated or expended for Afghanistan, Cambodia,
El Salvador, Guatemala, Haiti, Indonesia, Jordan, Libe-
ria, Malawi, Peru, Sudan, Togo, or Zaire except as pro-
vided through the regular notification procedures of the
Committees on Appropriations.
DEFINITION OF PROGRAM, PROJECT, AND ACTIVITY
SEC. 521. For the purpose of this Act, ‘‘program,
project, and activity’’ shall be defined at the Appropriations
Act account level and shall include all Appropriations and
Authorizations Acts earmarks, ceilings, and limitations
with the exception that for the following accounts: Economic
Support Fund and Foreign Military Financing Program,
‘‘program, project, and activity’’ shall also be considered
to include country, regional, and central program level
funding within each such account; for the development as-
sistance accounts of the Agency for International Develop-
ment ‘‘program, project, and activity’’ shall also be consid-
ered to include central program level funding, either as (1)
justified to the Congress, or (2) allocated by the executive
branch in accordance with a report, to be provided to the
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Committees on Appropriations within thirty days of enact-
ment of this Act, as required by section 653(a) of the For-
eign Assistance Act of 1961.
FAMILY PLANNING, CHILD SURVIVAL AND AIDS ACTIVITIES
SEC. 522. Up to $8,000,000 of the funds made avail-
able by this Act for assistance for family planning, health,
child survival, and AIDS, may be used to reimburse United
States Government agencies, agencies of State governments,
institutions of higher learning, and private and voluntary
organizations for the full cost of individuals (including for
the personal services of such individuals) detailed or as-
signed to, or contracted by, as the case may be, the Agency
for International Development for the purpose of carrying
out family planning activities, child survival activities and
activities relating to research on, and the treatment and
control of, acquired immune deficiency syndrome in devel-
oping countries: Provided, That such individuals shall not
be included within any personnel ceiling applicable to any
United States Government agency during the period of de-
tail or assignment: Provided further, That funds appro-
priated by this Act that are made available for child sur-
vival activities or activities relating to research on, and the
treatment and control of, acquired immune deficiency syn-
drome may be made available notwithstanding any provi-
sion of law that restricts assistance to foreign countries:
Provided further, That funds appropriated by this Act that
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are made available for family planning activities may be
made available notwithstanding section 512 of this Act and
section 620(q) of the Foreign Assistance Act of 1961.
PROHIBITION AGAINST INDIRECT FUNDING TO CERTAIN
COUNTRIES
SEC. 523. None of the funds appropriated or otherwise
made available pursuant to this Act shall be obligated to
finance indirectly any assistance or reparations to Cuba,
Iraq, Libya, the Socialist Republic of Vietnam, Iran, Syria,
North Korea, People’s Republic of China, or Laos unless
the President of the United States certifies that the with-
holding of these funds is contrary to the national interest
of the United States.
RECIPROCAL LEASING
SEC. 524. Section 61(a) of the Arms Export Control
Act is amended by striking out ‘‘1993’’ and inserting in
lieu thereof ‘‘1994’’.
NOTIFICATION ON EXCESS DEFENSE EQUIPMENT
SEC. 525. Prior to providing excess Department of De-
fense articles in accordance with section 516(a) of the For-
eign Assistance Act of 1961, the Department of Defense shall
notify the Committees on Appropriations to the same extent
and under the same conditions as are other committees pur-
suant to subsection (c) of that section: Provided, That before
issuing a letter of offer to sell excess defense articles under
the Arms Export Control Act, the Department of Defense
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shall notify the Committees on Appropriations in accord-
ance with the regular notification procedures of such Com-
mittees: Provided further, That such Committees shall also
be informed of the original acquisition cost of such defense
articles.
AUTHORIZATION REQUIREMENT
SEC. 526. Funds appropriated by Title I through V
of this Act may be obligated and expended subject to section
10 of Public Law 91–672 and section 15 of the State De-
partment Basic Authorities Act of 1956.
DEPLETED URANIUM
SEC. 527. None of the funds provided in this or any
other Act may be made available to facilitate in any way
the sale of M–833 antitank shells or any comparable anti-
tank shells containing a depleted uranium penetrating com-
ponent to any country other than (1) countries which are
members of NATO, (2) countries which have been des-
ignated as a major non-NATO ally for purposes of section
1105 of the National Defense Authorization Act for Fiscal
Year 1987 or, (3) Taiwan: Provided, That funds may be
made available to facilitate the sale of such shells notwith-
standing the limitations of this section if the President de-
termines that to do so is in the national security interest
of the United States.
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OPPOSITION TO ASSISTANCE TO TERRORIST COUNTRIES BY
INTERNATIONAL FINANCIAL INSTITUTIONS
SEC. 528. (a) INSTRUCTIONS FOR UNITED STATES EX-
ECUTIVE DIRECTORS.—The Secretary of the Treasury shall
instruct the United States Executive Director of each inter-
national financial institution to vote against any loan or
other use of the funds of the respective institution to or for
a country for which the Secretary of State has made a deter-
mination under section 6(j) of the Export Administration
Act of 1979.
(b) DEFINITION.—For purposes of this section, the
term ‘‘international financial institution’’ includes—
(1) the International Bank for Reconstruction
and Development, the International Development As-
sociation, and the International Monetary Fund; and
(2) wherever applicable, the Inter-American De-
velopment Bank, the Asian Development Bank, the
African Development Bank, the African Development
Fund, and the European Bank for Reconstruction
and Development.
PROHIBITION ON BILATERAL ASSISTANCE TO TERRORIST
COUNTRIES
SEC. 529. (a) Notwithstanding any other provision of
law, funds appropriated for bilateral assistance under any
heading of this Act and funds appropriated under any such
heading in a provision of law enacted prior to enactment
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of this Act, shall not be made available to any country
which the President determines—
(1) grants sanctuary from prosecution to any in-
dividual or group which has committed an act of
international terrorism, or
(2) otherwise supports international terrorism.
(b) The President may waive the application of sub-
section (a) to a country if the President determines that
national security or humanitarian reasons justify such
waiver. The President shall publish each waiver in the Fed-
eral Register and, at least fifteen days before the waiver
takes effect, shall notify the Committees on Appropriations
of the waiver (including the justification for the waiver)
in accordance with the regular notification procedures of
the Committees on Appropriations.
COMMERCIAL LEASING OF DEFENSE ARTICLES
SEC. 530. Notwithstanding any other provision of law,
and subject to the regular notification requirements of the
Committees on Appropriations, the authority of section
23(a) of the Arms Export Control Act may be used to pro-
vide financing to Israel and Egypt and NATO and major
non-NATO allies for the procurement by leasing (including
leasing with an option to purchase) of defense articles from
United States commercial suppliers, not including Major
Defense Equipment (other than helicopters and other types
of aircraft having possible civilian application), if the
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President determines that there are compelling foreign pol-
icy or national security reasons for those defense articles
being provided by commercial lease rather than by govern-
ment-to-government sale under such Act.
COMPETITIVE INSURANCE
SEC. 531. All Agency for International Development
contracts and solicitations, and subcontracts entered into
under such contracts, shall include a clause requiring that
United States marine insurance companies have a fair op-
portunity to bid for marine insurance when such insurance
is necessary or appropriate.
STINGERS IN THE PERSIAN GULF REGION
SEC. 532. Except as provided in section 581 of the For-
eign Operations, Export Financing, and Related Programs
Appropriations Act, 1990, the United States may not sell
or otherwise make available any Stingers to any country
bordering the Persian Gulf under the Arms Export Control
Act or chapter 2 of part II of the Foreign Assistance Act
of 1961.
PROHIBITION ON LEVERAGING AND DIVERSION OF UNITED
STATES ASSISTANCE
SEC. 533. (a) None of the funds appropriated by this
Act may be provided to any foreign government (including
any instrumentality or agency thereof), foreign person, or
United States person in exchange for that foreign govern-
ment or person undertaking any action which is, if carried
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out by the United States Government, a United States offi-
cial or employee, expressly prohibited by a provision of
United States law.
(b) For the purposes of this section the term ‘‘funds
appropriated by this Act’’ includes only (1) assistance of
any kind under the Foreign Assistance Act of 1961; and
(2) credits, and guaranties under the Arms Export Control
Act.
(c) Nothing in this section shall be construed to limit—
(1) the ability of the President, the Vice Presi-
dent, or any official or employee of the United States
to make statements or otherwise express their views to
any party on any subject;
(2) the ability of an official or employee of the
United States to express the policies of the President;
or
(3) the ability of an official or employee of the
United States to communicate with any foreign coun-
try government, group or individual, either directly
or through a third party, with respect to the prohibi-
tions of this section including the reasons for such
prohibitions, and the actions, terms, or conditions
which might lead to the removal of the prohibitions
of this section.
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DEBT-FOR-DEVELOPMENT
SEC. 534. In order to enhance the continued participa-
tion of nongovernmental organizations in economic assist-
ance activities under the Foreign Assistance Act of 1961,
including endowments, debt-for-development and debt-for-
nature exchanges, a nongovernmental organization which
is a grantee or contractor of the Agency for International
Development may place in interest bearing accounts funds
made available under this Act or prior Acts or local cur-
rencies which accrue to that organization as a result of eco-
nomic assistance provided under the heading ‘‘Agency for
International Development’’ and any interest earned on
such investment may be for the purpose for which the assist-
ance was provided to that organization.
LOCATION OF STOCKPILES
SEC. 535. Section 514(b)(2) of the Foreign Assistance
Act of 1961 is amended by striking out ‘‘$389,000,000 for
fiscal year 1993, of which amount not less than
$200,000,000 shall be available for stockpiles in Israel, and
up to $189,000,000 may be available for stockpiles in the
Republic of Korea’’ and inserting in lieu thereof
‘‘$200,000,000 for stockpiles in Israel for fiscal year 1994’’.
ASSISTANCE FOR PAKISTAN
SEC. 536. (a) The date specified in section 620E(d)
of the Foreign Assistance Act of 1961 is amended to read
as follows: ‘‘September 30, 1994’’.
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(b) None of the funds appropriated in this Act shall
be obligated or expended for Pakistan except as provided
through the regular notification procedures of the Commit-
tees on Appropriations.
SEPARATE ACCOUNTS
SEC. 537. (a) SEPARATE ACCOUNTS FOR LOCAL CUR-
RENCIES.—(1) If assistance is furnished to the government
of a foreign country under chapters 1 and 10 of part I (in-
cluding the Philippines Multilateral Assistance Initiative)
or chapter 4 of part II of the Foreign Assistance Act of
1961 under agreements which result in the generation of
local currencies of that country, the Administrator of the
Agency for International Development shall—
(A) require that local currencies be deposited in
a separate account established by that government;
(B) enter into an agreement with that govern-
ment which sets forth—
(i) the amount of the local currencies to be
generated, and
(ii) the terms and conditions under which
the currencies so deposited may be utilized, con-
sistent with this section; and
(C) establish by agreement with that government
the responsibilities of the Agency for International
Development and that government to monitor and ac-
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count for deposits into and disbursements from the
separate account.
(2) USES OF LOCAL CURRENCIES.—As may be agreed
upon with the foreign government, local currencies depos-
ited in a separate account pursuant to subsection (a), or
an equivalent amount of local currencies, shall be used
only—
(A) to carry out chapters 1 or 10 of part I or
chapter 4 of part II (as the case may be), for such
purposes as:
(i) project and sector assistance activities,
or
(ii) debt and deficit financing; or
(B) for the administrative requirements of the
United States Government.
(3) PROGRAMMING ACCOUNTABILITY.—The Agency for
International Development shall take all appropriate steps
to ensure that the equivalent of the local currencies dis-
bursed pursuant to subsection (a)(2)(A) from the separate
account established pursuant to subsection (a)(1) are used
for the purposes agreed upon pursuant to subsection (a)(2).
(4) TERMINATION OF ASSISTANCE PROGRAMS.—Upon
termination of assistance to a country under chapters 1 or
10 of part I or chapter 4 of part II (as the case may be),
any unencumbered balances of funds which remain in a
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cles, defense services, and military education and training
provided under this section.
MEDITERRANEAN EXCESS DEFENSE ARTICLES
SEC. 541. During fiscal year 1994, the provisions of
section 573(e) of the Foreign Operations, Export Financing,
and Related Programs Appropriations Act, 1990, shall be
applicable, for the period specified therein, to excess defense
articles made available under sections 516 and 519 of the
Foreign Assistance Act of 1961.
PRIORITY DELIVERY OF EQUIPMENT
SEC. 542. Notwithstanding any other provision of law,
the delivery of excess defense articles that are to be trans-
ferred on a grant basis under section 516 of the Foreign
Assistance Act to NATO allies and to major non-NATO al-
lies on the southern and southeastern flank of NATO shall
be given priority to the maximum extent feasible over the
delivery of such excess defense articles to other countries.
ISRAEL DRAWDOWN
SEC. 543. Section 599B(a) of the Foreign Operations,
Export Financing, and Related Programs Appropriations
Act, 1991 (as amended by Public Law 102–145, as amend-
ed, and Public Law 102–391), is further amended—
(a) by striking out ‘‘fiscal year 1993’’ and in-
serting in lieu thereof ‘‘fiscal year 1994’’; and