Page:United States Statutes at Large Volume 112 Part 1.djvu/912

 112 STAT. 886 PUBLIC LAW 105-214-JULY 29, 1998 "(6) Debt reduction can reduce economic pressures on developing countries and result in increased protection for tropical forests. "(7) Finding economic benefits to local communities from sustainable uses of tropical forests is critical to the protection of tropical forests. "(b) PURPOSES.— The purposes of this part are— "(1) to recognize the values received by United States citizens from protection of tropical forests; "(2) to facilitate greater protection of tropical forests (and to give priority to protecting tropical forests with the highest levels of biodiversity and under the most severe threat) by providing for the alleviation of debt in countries where tropical forests are located, thus allowing the use of additional resources to protect these critical resources and reduce economic pressures that have led to deforestation; "(3) to ensure that resources freed from debt in such countries are targeted to protection of tropicsil forests and their associated values; and "(4) to rechannel existing resources to facilitate the protection of tropical forests. 22 USC 2431a. "SEC. 803. DEFINITIONS. "As used in this part: "(1) ADMINISTERING BODY.—The term 'administering body* means the entity provided for in section 809(c). "(2) APPROPRIATE CONGRESSIONAL COMMITTEES.— The term 'appropriate congressional committees' means— "(A) the Committee on International Relations and the Committee on Appropriations of the House of Representatives; and "(B) the Committee on Foreign Relations and the Committee on Appropriations of the Senate. "(3) BENEFICIARY COUNTRY.— The term *beneficiary countiy means an eligible country with respect to which the authority of section 806(a)(1), section 807(a)(1), or paragraph (1) or (2) of section 808(a) is exercised. "(4) BOARD. —The term 'Board' means the board referred to in section 811. "(5) DEVELOPING COUNTRY WITH A TROPICAL FOREST. —The term 'developing country with a tropical forest' means— "(A)(i) a countiy that has a per capita income of $725 or less in 1994 United States dollars (commonly referred to as low-income country^), as determined and adjusted on an annual basis by the International Baiuc for Reconstruction and Development in its World Development Report; or "(ii) a country that has a per capita income of more than $725 but less than $8,956 in 1994 United States dollars (commonly referred to as 'middle-income country*), as determined and adjusted on an annual basis by the International Bsuik for Reconstruction and Development in its World Development Report; and "(B) a country that contains at least one tropical forest that is globally outstanding in terms of its biological diversity or represents one of the larger intact blocks of tropical forests left, on a regional, continental, or global scale.

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