Page:United States Statutes at Large Volume 100 Part 2.djvu/719

 PUBLIC LAW 99-500—OCT. 18, 1986

100 STAT. 1783-38

this paragraph may be made in local currencies generated from the sale of the commodities under paragraph (2) if they are used to pay expenses of the United States in the ,1 recipient Nation. (2) No greater than such amounts as is requested by such governments. (c) To the extent practicable, commodities made available under this section shall be furnished in equal quantities during each of the three fiscal years. (d) For purchases of this section, the term "friendly countries" shall have the same meaning as that term has under the Agricultural Trade Development and Assistance Act of 1954. (e) It is the sense of Congress that commodities provided for in this subsection be made available to the Philippines and friendly countries of Africa. (4)(a) During the three-year period beginning with the fiscal year ending September 30, 1987, through the fiscal year ending September 30, 1989, the Secretary of Agriculture shall make available to PVO's cooperatives and governments, 460,000 metric tons of wheat, 137 million pounds of dairy products, and 180,000 metric tons of soybeans; under paragraph (11)(B) of section 416(b) of the Agricultural Act of 1949, notwithstanding paragraph (11)(C) of section 416(b) of such Act. (b) Commodities made available to a nation, or PVO's and cooperatives operating in such nation, under this section during any fiscal year shall be— (1) subject to the agreement of the nation— (A) to acquire through commercial arrangements agricultural commodities directly or by private purchases during the fiscal year in an amount equal to 105 percent of the average amount of such agricultural commodities acquired dj through commercial arrangements during the preceding it ^ three years; (B) to permit the sale of commodities furnished under this section within the nation and to use the local currencies generated from such sales (i) by PVO's and cooperatives to carry out approved programs of assistance in the country and (ii) to operate lending programs in the manner provided for in section 108 of Public Law 480; and .^x:; (C) to reimburse the United States in dollars for costs ,; J; incurred in furnishing such commodities, including transportation and processing, in the same fiscal year in which such costs were incurred. Reimbursements under this paragraph may be made in local currencies generated from the sale of the commodities under paragraph (2) if •i they are used to pay expenses of the United States in the recipient nation. (2) No greater than such amounts as is requested by such government. (c) To the extent practicable, commodities made available under this section shall be furnished in equal quantities during each of the three fiscal years. (d) For purposes of this section, the term "friendly countries" shall have the same meaning as that term has under the Agricultural Trade Development and Assistance Act of 1954. (e) It is the sense of Congress that of the commodities made available under this subsection—

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