US Codex
U.S.C.
Notes

§1738k. Eligible activities and grantees — Inbound Citations

7 U.S.C. § 1738k

Cited by 4 provisions in release 119-102.

Citations to 7 U.S.C. § 1738k as a whole

  • (5) specify, in accordance with section 1738k of this title, the purposes for which the Environmental Fund may be used; and
  • (2) receive proposals for grant assistance from local organizations, and make grants to such organizations in accordance with the priorities agreed upon in the framework agreement and consistent with the overall purposes of section 1738k of this title;
  • (1) The President may sell to an eligible country up to 40 percent of such country’s qualified debt, only if an amount of the local currency of such country (other than the price paid for the debt) equal to—
    (A) not less than 40 percent of the price paid for such debt by such eligible country, or
    (B) the difference between the price paid for such debt and the face value of such debt;
    whichever is less, is used by such country through an Environmental Fund for eligible activities described in section 1738k of this title.
  • (B) a debt buy-back by an eligible country of its own qualified debt, only if the eligible country uses an additional amount of the local currency of the eligible country, equal to not less than 40 percent of the price paid for such debt by such eligible country, or the difference between the price paid for such debt and the face value of such debt, to support activities that link conservation and sustainable use of natural resources with local community development, and child survival and other child development activities, in a manner consistent with sections 1738f through 1738k of title 7,