Page:United States Statutes at Large Volume 117.djvu/886

 PUBLIC LAW 108–61—JULY 28, 2003

117 STAT. 867

means the Committees on Foreign Relations and Appropriations of the Senate and the Committees on International Relations and Appropriations of the House of Representatives. (b) WAIVER AUTHORITIES.—The President may waive the prohibitions described in this section for any or all articles that are a product of Burma if the President determines and notifies the Committees on Appropriations, Finance, and Foreign Relations of the Senate and the Committees on Appropriations, International Relations, and Ways and Means of the House of Representatives that to do so is in the national interest of the United States. SEC. 4. FREEZING ASSETS OF THE BURMESE REGIME IN THE UNITED STATES.

50 USC 1701 note.

(a) REPORTING REQUIREMENT.—Not later than 60 days after the date of enactment of this Act, the President shall take such action as is necessary to direct, and promulgate regulations to the same, that any United States financial institution holding funds belonging to the SPDC or the assets of those individuals who hold senior positions in the SPDC or its political arm, the Union Solidarity Development Association, shall promptly report those funds or assets to the Office of Foreign Assets Control. (b) ADDITIONAL AUTHORITY.—The President may take such action as may be necessary to impose a sanctions regime to freeze such funds or assets, subject to such terms and conditions as the President determines to be appropriate. (c) DELEGATION.—The President may delegate the duties and authorities under this section to such Federal officers or other officials as the President deems appropriate.

Deadline. President. Regulations.

SEC. 5. LOANS AT INTERNATIONAL FINANCIAL INSTITUTIONS.

50 USC 1701 note.

The Secretary of the Treasury shall instruct the United States executive director to each appropriate international financial institution in which the United States participates, to oppose, and vote against the extension by such institution of any loan or financial or technical assistance to Burma until such time as the conditions described in section 3(a)(3) are met. SEC. 6. EXPANSION OF VISA BAN.

(a) IN GENERAL.— (1) VISA BAN.—The President is authorized to deny visas and entry to the former and present leadership of the SPDC or the Union Solidarity Development Association. (2) UPDATES.—The Secretary of State shall coordinate on a biannual basis with representatives of the European Union to allow officials of the United States and the European Union to ensure a high degree of coordination of lists of individuals banned from obtaining a visa by the European Union for the reason described in paragraph (1) and those banned from receiving a visa from the United States. (b) PUBLICATION.—The Secretary of State shall post on the Department of State’s website the names of individuals whose entry into the United States is banned under subsection (a). SEC. 7. CONDEMNATION OF THE REGIME AND DISSEMINATION OF INFORMATION.

50 USC 1701 note.

Internet.

50 USC 1701 note.

Congress encourages the Secretary of State to highlight the abysmal record of the SPDC to the international community and use all appropriate fora, including the Association of Southeast

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