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PUBLIC LAW 86-472-MAY 14, 1960 TECHNICAL

22 USC 1894. 22 USC 1896.

22 USC 1897.

22 USC 1898.

[74 STAT<

COOPERATION

SEC. 203. Title III of chapter II of the Mutual Security Act of 1954, as amended, which relates to technical cooperation, is amended as follows: ^g^^ jj^ section 304, which relates to authorization, strike out "$179,500,000" and "1960" and substitute "$172,000,000" and "1961", respectively. ^|3^ Amend section 306, which relates to multilateral technical cooperation and related programs, as follows: (1) I n subsection (a), which relates to contributions to the United Nations Expanded Program of Technical Assistance and related fund, strike'out '^$30,000,000" and "1960" and substitute "$33,000,000" and "1961", respectively. (2) I n subsection (b), which relates to contributions to the technical cooperation program of the Organization of American States, strike out "1960" and substitute "1961". ^(j^ jj^ section 307, which relates to advances and grants, insert " (a) " immediately after " SEC. 307. ADVANCES AND GRANTS; CONTRACTS.—", and at the end thereof add the following: " (b) The President shall arrange for a nongovernmental research group, university, or foundation to study the advisability and practicability of a program, to be known as the Point Four Youth Corps, under which young United States citizens would be trained and serve abroad in programs of technical cooperation. Not to exceed $10,000 from funds made available pursuant to section 304 of this Act may be used to help defray the expenses of such a study." (d) Repeal section 308, which relates to the International Development Advisory Board. SPECIAL ASSISTANCE AND OTHER PROGRAMS

22 USC 1920.

73 Stat. 249. 22 USC 1922.

22 USC 1923.

SEC. 204. Title IV of chapter II of the Mutual Security Act of 1954, as amended, which relates to special assistance and other programs, is amended as follows: (a) I n section 400(a), which relates to special assistance, strike out "1960" and "$247,500,000" and substitute "1961" and "$256,000,000", respectively. (b) In section 401, which relates to the United Nations Emergency Force, strike out "1960" in the second sentence and substitute "1961". (c) In section 402, which relates to earmarking of funds, strike out "1960" in the first sentence and substitute "1961". ^^^ jj^ section 403, which relates to responsibilities in Germany, strike out "1960" and "$7,500,000" in the first sentence and substitute "1961" and "$6,750,000", respectively. (e) Insert after section 403 the following new section 404: " SEC. 404. INDUS

BASIN

DEVELOPMENT.—The

Congress

of

the

United States welcomes the progress made t h r o u ^ the good offices of the International Bank for Keconstruction and Development toward the development of the Indus Basin through a program of cooperation among south Asian and other nations of the free world in order to promote economic growth and political stability in south Asia, and affirms the willingness of the United States, pursuant to authorities contained in this and other Acts, to participate in this significant undertaking. I n the event that funds appropriated pursuant to this Act are made available to be used by or under the supervision of the International Bank for Reconstruction and Development in furtherance of the foregoing purposes, such funds may be used in accordance with requirements, standards, or procedures established by the Bank

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