Page:United States Statutes at Large Volume 103 Part 2.djvu/247

 PUBLIC LAW 101-167—NOV. 21, 1989 103 STAT. 1257 (3) establishing in each country a Nationed Recovery and Development Commission, modeled after the National Rec- onciliation Commissions called for in the Esquipulas II Accords agreed to by the presidents of the five countries of Central America in Guatemala on August 6-7, 1987. (d) SECRETARIAT OF THE CADCC. —The United Nations Develop- ment Programme shall be designated as the social service and refugee and displaced persons technical assistance secretariat for the CADCC. (e) EuGiBiLiTY FOR ASSISTANCE. — The President is authorized to furnish assistance under this section to each country in Central America which is in compliance with the Esquipulas II Accords. (fKD ENCOURAGEMENT OF MULTILATERAL CONTRIBUTIONS. — The Congress urges the President to take the necessary steps to encour- age and secure greater internation£d cooperation in, and support for, implementing the recommendations of the International Commis- sion for Central American Recovery and Development. (2) It is the sense of the Congress that, in cariying out paragraph (1), the President should exert leadership in multilateral and re- gional forums, and at economic summits to further a multidonor, multisector solution to the crisis in Central America. ELIGIBILITY OF POLAND AND HUNGARY FOR OVERSEAS PRIVATE INVESTMENT CORPORATION SEC. 597. (a) PROGRAMS.—Section 239(f) of the Foreign Assistance Act of 1961 is amended by inserting "Poland, Hungary," after 22 USC 2199. "Yugoslavia,". (b) PARTICIPATION BY NONGOVERNMENTAL SECTOR. — (1) In accord- ance with its mandate to foster private initiative and competition and enhance the ability of private enterprise to make its full contribution to the development process, the Overseas Private Investment Corporation shall support projects in Poland and Hun- gary which will result in enhancement of the nongovernmental sector and reduction of state involvement in the economy. (2) For purposes of this subsection, the term "nongovernmental -- sector" in Poland and Hungary includes private enterprises, co- operatives (insofar as they are not administered by the Governments of Poland or Hungary), joint ventures (including partners which are not the Governments of Poland or Hungary or instrumentalities thereof), businesses in Poland or Hungary that are wholly or partly owned by United States citizens, including those of Polish or Hungarian descent, religious and ethnic groups (including the Catholic Church), and other independent social organizations. (c) DEFINITION OF ELIGIBLE INVESTOR.— Notwithstanding subsec- tion (b), the term "eligible investor" with respect to OPIC's pro- grams in Poland and Hungary has the same meaning as contained in section 238(c) of the Foreign Assistance Act of 1961. (d) EFFECTIVE DATE,—The authority of the Overseas Private Investment Corporation to issue insurance, reinsurance, guarantees, and to provide any assistance under its direct loan and equity programs with respect to projects undertaken in Poland and Hun- gary shall take effect upon the date of enactment of this Act and shall remain in effect until September 30, 1992.

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