Page:United States Statutes at Large Volume 102 Part 2.djvu/325

 PUBLIC LAW 100-418—AUG. 23, 1988

102 STAT. 1329

support high priority development projects in developing countries would be enhanced by an increase in the funds authorized for the Program as well as by a clarification of the Program's status as a separate component of the Internationeil Development Cooperation Agency. (b) AUTHORIZATION AND USES OF FUNDS; ESTABLISHMENT AS SEPARATE AGENCY.—

(1) ADDITIONAL USES OF FUNDS.—Section 661(a) of the Foreign

Assistance Act of 1961 (22 U.S.C. 2421(a)) is amended by inserting after the first sentence the following: "Funds under this section may be used to provide support for project planning, development, management, and procurement for both bilateral and multilateral projects, including training activities undertaken in connection with a project, for the purpose of promoting the use of United States exports in such projects.". (2) ESTABLISHMENT AS A SEPARATE AGENCY.—Section 661 of

that Act is amended— (A) by redesignating subsection (b) as subsection (d); and (B) by inserting after subsection (a) the following: "(b)(1) The purposes of this section shall be carried out by the Trade and Development Program, which shall be a separate component agency of the International Development Cooperation Agency. The Trade and Development Program shall not be an agency within the Agency for International Development or any other component agency of the International Development Cooperation Agency. "(2) There shall be at the head of the Trade and Development Program a Director. Any individual appointed as the Director on or President of U.S. after January 1, 1989, shall be appointed by the President, by and with the advice and consent of the Senate. "(3) The Trade and Development Program should serve as the primary Federal agency to provide information to persons in the private sector concerning trade development and export promotion related to bilateral development projects. The Trade and Development Program shall cooperate with the Office of International Major Projects of the Department of Commerce in providing information to persons in the private sector concerning trade development and export promotion related to multilateral development projects. Other Federal departments and agencies shall cooperate with the Trade and Development Program in order for the Program to more effectively provide informational services in accordance with this paragraph. "(4) The Director of the Trade and Development Program shall. Reports. not later than December 31 of each year, submit to the Committee on Foreign Affairs of the House of Representatives and the (Committee on Foreign Relations of the Senate a report on the activities of the Trade and Development Program in the preceding Hscal year. "(c) The Director of the Trade and Development Program shall, by Regulations. regulation, establish an advisory board which shall include representatives of the private sector. The purpose of the advisory board shall be to make recommendations to the Director with respect to the Trade and Development Program.". (3) FUNDING LEVELS.—In addition to funds otherwise available to the President for purposes of section 661 of the Foreign Assistance Act of 1961— (A) not less than $5,000,000 and not more than $10,000,000 for fiscal year 1988 shall be made available for such purposes, half of which shall be derived from amounts

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