§1727c. Direct uses or sales of commodities — Inbound Citations

Citations to §1727c(2)

• 7 U.S.C. § 1727d(a)

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  (a) To the extent determined to be appropriate by the Administrator, revenues generated from the sale, under section 1727c(2) of this title, of agricultural commodities provided under this subchapter shall be deposited into a separate account (that may be interest bearing) in the recipient country to be disbursed for the benefit of such country in accordance with local currency agreements entered into between the recipient country and the Administrator. The Administrator may determine not to deposit such revenues in a separate account if—

  (1) local currencies are to be programmed for specific economic development purposes listed in section 1727e(a) of this title; and

  (2) the recipient country programs an equivalent amount of money for such purposes as specified in an agreement entered into by the Administrator and the recipient country.
• 7 U.S.C. § 1727d(b)

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  (b) The proceeds of sales pursuant to section 1727c(2) of this title shall be the property of the recipient country or the United States, as specified in the applicable agreement. Such proceeds shall be utilized for the benefit of the recipient country, shall be jointly programmed by the Administrator and the government of the recipient country, and shall be disbursed for the benefit of such country in accordance with local currency agreements between the Administrator and that government.
• 7 U.S.C. § 1727e(a)

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  (a) The local currency proceeds of sales pursuant to section 1727c(2) of this title shall be used in the recipient country for specific economic development purposes, including—

  (1) the promotion of specific policy reforms to improve food security and agricultural development within the country and to promote broad-based, equitable, and sustainable development;

  (2) the establishment of development programs, projects, and activities that promote food security, alleviate hunger, improve nutrition, and promote family planning, maternal and child health care, oral rehydration therapy, and other child survival objectives consistent with section 2151b(c)(2) of title 22, relating to the Child Survival Fund;

  (3) the promotion of increased access to food supplies through the encouragement of specific policies and programs designed to increase employment and incomes within the country;

  (4) the promotion of free and open markets through specific policies and programs;

  (5) support for United States private voluntary organizations and cooperatives and encouragement of the development and utilization of indigenous nongovernmental organizations;

  (6) the purchase of agricultural commodities (including transportation and processing costs) produced in the country—

  (A) to meet urgent or extraordinary relief requirements in the country or in neighboring countries; or

  (B) to develop emergency food reserves;

  (7) the purchase of goods and services (other than agricultural commodities and related services) to meet urgent or extraordinary relief requirements;

  (8) the payment, to the extent practicable, of the costs of carrying out the program authorized in subchapter V;

  (9) private sector development activities designed to further the policies set forth in section 1691 of this title, including loans to financial intermediaries for use in making loans to private individuals, cooperatives, corporations, or other entities;

  (10) activities of the Peace Corps that relate to agricultural production;

  (11) the development of rural infrastructure such as roads, irrigation systems, and electrification to enhance agricultural production;

  (12) research on malnutrition and its causes, as well as research relating to the identification and application of policies and strategies for targeting resources made available under this section to address the problem of malnutrition; and

  (13) support for research (including collaborative research which is mutually beneficial to the United States and the recipient country), education, and extension activities in agricultural sciences.

  Section 1306 of title 31 shall not apply to the use under this subsection of local currency proceeds that are owned by the United States.