Page:United States Statutes at Large Volume 106 Part 4.djvu/268

 106 STAT. 3004 PUBLIC LAW 102-486—OCT. 24, 1992 reach an agreement, each shall send a memorandum to the President outlining an appropriate agreement. Within 90 days after receipt of either memorandtun, the President shall determine which version of the agreement shall be in effect. Any agreement entered into under this subsection shall be provided to the appropriate committees of the Congress and made available to the public. (b) PURPOSES OF THE PROGRAM.— The purposes of the technology transfer program under this section are to— (1) reduce the United States balance of trade deficit through the export of United States energy technologies and technological expertise; (2) retain and create manufacturing and related service jobs in the United States; (3) encourage the export of United States technologies, including services related thereto, to those countries that have a need for developmentally sound facilities to provide energy derived from technologies that substantially reduce environmental pollutants, including greenhouse gases; (4) develop markets for United States technologies, including services related thereto, that substantially reduce environmental pollutants, including greenhouse gases, that meet the energy and environmental requirements of foreign countries; (5) better ensure that United States participation in energy- related projects in foreign countries includes participation by United States firms as well as utilization of United States technologies; (6) ensure the introduction of United States firms and expertise in foreign countries; (7) provide financial assistance by the Federal Government to foster greater participation by United States firms in the financing, ownership, design, construction, or operation of technologies or services that substantially reduce environmental pollutants, including greenhouse gases; and (8) assist United States firms, especially firms that are in competition with firms in foreign countries, to obtain opportunities to transfer technologies to, or undertake projects in, foreign countries. (c) IDENTIFICATION.—Pursuant to the agreements required by subsection (a), the Secretary, through the Agency for International Development, and after consultation with the interagency working group. United States firms, and representatives from foreign countries, shall develop mechanisms to identify potential energy projects in host countries that substantially reduce environmental pollutants, including greenhouse gases, and shall identify a list of such projects within 240 days after the date of the enactment of this Act, and periodically thereafter. (d) FINANCIAL MECHANISMS. —(1) Pursuant to the agreements under subsection (a), the Secretary, through the Agency for International Development, shall— (A) establish appropriate financial mechanisms to increase the participation of United States firms in energy projects, and services related thereto, that substantially reduce environmental pollutants, including greenhouse gases in foreign countries; (B) utilize available financial assistance authorized by this section to counterbalance assistance provided by foreign governments to non-United States firms; and

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