Page:United States Statutes at Large Volume 102 Part 2.djvu/378

 102 STAT. 1382

PUBLIC LAW 100-418—AUG. 23, 1988

multilateral lenders, the international monetary system, and such other provisions of this Act as may be appropriate. (E) A comparative analysis of the available alternatives identified under subparagraph (B) or (C). (b) REPORT REQUIRED.—Within 3 months after the date of the enactment of this Act, the Secretary of the Treasury shall submit a report to the Committee on Banking, Finance and Urban Affairs of the House of Representatives and the Committee on Banking, Housing, and Urban Affairs and the Committee on Foreign Relations of the Senate containing the findings and conclusions of the Secretary pursuant to the study required under subsection (a), together with— (1) the recommendation of the Secretary as to which, of all the alternatives for providing relief for the poorest of the heavily indebted countries which were assessed in connection with such study, represents the best available option; and (2) recommendations for such legislation and administrative action as the Secretary determines to be necessary and appropriate to implement such option. Multilateral Development Banks Procurement Act of 1988. 22 USC 262a note. 22 USC 262a.

Subtitle C—Multilateral Development Banks SEC. 3201. SHORT TITLE.

This subtitle may be cited as the 'Multilateral Development Banks Procurement Act of 1988". SEC. 3202. MULTILATERAL DEVELOPMENT BANK PROCUREMENT.

(a) EIxECunvE DIRECTORS.—The Secretary of the Treasury shall instruct the United States Executive Director of each multilateral development bank to attach a high priority to promoting opportunities for exports for goods and services from the United States and, in carrying out this fimction, to investigate thoroughly any complaints from United States bidders about the awarding of procurement contracts by the multilateral development banks to ensure that all contract procedures and rules of the banks are observed and that United States firms are treated fairly. (b) OFFICER OF PROCUREMENT.—

(1) ESTABLISHMENT.—The Secretary of the Treasury shall designate, within the Office of International Affairs in the Department of the Treasury, an officer of multilateral development bank procurement. (2) FUNCTION.—The officer shall act as the liaison between the Department of the Treasury, the Department of Commerce, and the United States Executive Directors' offices in the multilateral development banks, in carrying out this section. The officer shall cooperate with the Department of Commerce in efforts to improve opportunities for multilateral development bank procurement by United States companies. (b) MULTILATERAL DEVELOPMENT BANK DEFINED.—As used in this section, the term "multilateral development bank" includes the International Bank for Reconstruction and Development, the International Development Association, the International Finance Corporation, the Inter-American Development Bank, the InterAmerican Investment Corporation, the Asian Development Bank, the African Development Bank, and the African Development Fund.

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