Page:United States Statutes at Large Volume 111 Part 3.djvu/338

 Ill STAT. 2426 PUBLIC LAW 105-118—NOV. 26, 1997 of the European Bank for Reconstruction and Development, subscribe to and make payment for 100,000 additional shares of the capital stock of the Bank on behalf of the United States; and (2) contribute on behalf of the United States to the eleventh replenishment of the resources of the International Development Association, to the sixth replenishment of the resources of the Asian Development Fund, a special fund of the Asian Development Bank. The following amounts are authorized to be appropriated without fiscal year limitation for payment by the Secretary of the Treasury: (1) $285,772,500 for paid-in capital, and $984,327,500 for callable capital of the European Bank for Reconstruction and Development; (2) $1,600,000,000 for the International Development Association; (3) $400,000,000 for the Asian Development Fund; and (4) $76,832,001 for paid-in capital, and $4,511,156,729 for callable capital of the Inter-American Development Bank in connection with the eighth general increase in the resources of that Bank. Each such subscription or contribution shall be subject to obtaining the necessary appropriations. (b) CONSIDERATION OF ENVIRONMENTAL IMPACT OF INTER- NATIONAL FINANCE CORPORATION LOANS. —Section 1307 of the Inter- 22 USC 262m-7. national Financial Institutions Act (Public Law 95-118) is amended as follows: (1) in subsection (a)(1)(A) strike "borrowing country" and insert in lieu thereof "borrower"; (2) in subsection (a)(2)(A) strike "country"; and (3) at the end of section 1307, add a new subsection as follows: "(g) For purposes of this section, the term 'multilateral development bank' means any of the institutions named in section 1303(b) of this Act, and the International Finance Corporation.". (c) The Secretary of the Treasury shall instruct the United States Executive Directors of the International Bank for Reconstruction and Development and the International Development Association to use the voice and vote of the United States to strongly encourage their respective institutions to— (1) provide timely public information on procurement opportunities available to United States suppliers, with a special emphasis on small business; and (2) systematically consult with local communities on the potential impact of loans as part of the normal lending process, and expand the participation of affected peoples and nongovernmental organizations in decisions on the selection, design and implementation of policies and projects. SANCTIONS AGAINST COUNTRIES HARBORING WAR CRIMINALS SEC. 561. (a) BILATERAL ASSISTANCE.— The President is authorized to withhold funds appropriated by this Act under the Foreign Assistance Act of 1961 or the Arms Export Control Act for any country described in subsection (c). (b) MULTILATERAL ASSISTANCE.—The Secretary of the Treasury should instruct the United States executive directors of the international financial institutions to work in opposition to, and vote against, any extension by such institutions of financing or financial or technical assistance to any country described in subsection (c). (c) SANCTIONED COUNTRIES. —A country described in this subsection is a country the government of which knowingly grants

�