Page:United States Statutes at Large Volume 116 Part 2.djvu/666

 116 STAT. 1448 PUBLIC LAW 107-228—SEPT. 30, 2002 22 USC 5952 note. President. 22 USC 5952 note. Deadlines. President. 22 USC 5952 note. Nonproliferation Assistance eoordination Act of 2002. 50 USC 2301 note. 50 USC 2357. SEC. 1319. IMPLEMENTATION OF UNITED STATES POLICY. It is the sense of Congress that implementation of debt-fornonproliferation programs with the Russian Federation should be overseen by the coordinating mechanism established pursuant to section 1334 of this Act. SEC. 1320. CONSULTATIONS WITH CONGRESS. The President shall consult with the appropriate congressional committees on a periodic basis to review the implementation of this subtitle and the Russian Federation's eligibility for debt reduction pursuant to this subtitle. SEC. 1321. ANNUAL REPORTS TO CONGRESS. Not later than December 31, 2003, and not later than December 31 of each year thereafter, the President shall prepare and transmit to Congress a report concerning actions taken to implement this subtitle during the fiscal year preceding the fiscal year in which the report is transmitted. The report on a fiscal year shall include— (1) a description of the activities undertaken pursuant to this subtitle during the fiscal year; (2) a description of the nature and amounts of the loans reduced pursuant to this subtitle during the fiscal year; (3) a description of any agreement entered into under this subtitle; (4) a description of the progress during the fiscal year of any projects funded pursuant to this subtitle; (5) a summary of the results of relevant audits performed in the fiscal year; and (6) a certification, if appropriate, that the Russian Federation continued to meet the condition required by section 1317(a), and an explanation of why the certification was or was not made. Subtitle C—Nonproliferation Assistance Coordination SEC. 1331. SHORT TITLE. This subtitle may be cited as the "Nonproliferation Assistance Coordination Act of 2002". SEC. 1332. FINDINGS. Congress finds that— (1) United States nonproliferation efforts in the independent states of the former Soviet Union have achieved important results in ensuring that weapons of mass destruction, weapons-usable material and technology, and weapons-related knowledge remain beyond the reach of terrorists and weaponsproliferating states; (2) although these efforts are in the United States national security interest, the effectiveness of these efforts has suffered from a lack of coordination within and among United States Government agencies; (3) increased spending and investment by the United States private sector on nonproliferation efforts in the independent states of the former Soviet Union, specifically, spending and investment by the United States private sector in job creation

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