Page:United States Statutes at Large Volume 74.djvu/181

 74 S T A T. ]

PUBLIC LAW 86-472-MAY 14, 1960

141

SEC. 602. Section 501(b) of the Mutual Security Act of 1959 (73 Stat. 256), which relates to international cooperation in health, is 22 USC 1941. repealed. SEC. 603. Section 3(a) of Public Law 403, Eightieth Congress, as 62 Stat. 15. amended (22 U.S.C. 280b), which relates to United States membership in the South Pacific Commission, is amended by striking out "$75,000^' and substituting "$100,000". SEC. 604. The President shall have a study made of the functions of, and the degree of coordination among, agencies engaged in foreign economic activities, including the Department of State, the International Cooperation Administration, the Development Loan Fund, the Export-Import Bank, and the Department of Agriculture, with a view to providing the most effective means for the formulation and implementation of United States foreign economic policies. The President shall include in his presentation to the Congress of the fiscal year 1962 mutual security program his findings and recommendations resulting from such study. CHAPTER VII — C E N T E R FOR CULTURAL AND TECHNICAL INTERCHANGE BETWEEN EAST AND W E S T

SEC. 701. This chapter may be cited as the "Center for Cultural and Technical Interchange Between East and West Act of 1960". SEC. 702. The purpose of this chapter is to promote better relations and understanding between the United States and the nations of Asia and the Pacific (hereinafter referred to as "the East") through cooperative study, training, and research, by establishing in Hawaii a Center for Cultural and Technical Interchange Between East and West where scholars and students in various fields from the nations of the East and West may study, give and receive training, exchange ideas and views, and conduct other activities primarily in support of the objectives of the United States Information and Educational Exchange Act of 1948, as amended, title III of chapter II of the Mutual Security Act of 1954, and other Acts promoting the international, educational, cultural, and related activities of the United States. SEC. 703. I n order to carry out the purpose of this chapter the Secretary of State (hereinafter referred to as the "Secretary") shall provide for— (1) the establishment and operation in Hawaii of an educational institution to be known as the Center for Cultural and Technical Interchange Between East and West, through arrangements with public, educational, or other nonprofit institutions; (2) grants, fellowships, and other payments to outstanding scholars and authorities from the nations of the East and West as may be necessary to attract such scholars and authorities to the Center; (3) grants, scholarships, and other payments to qualified students from the nations of the East and West as may be necessary to enable such students to engage in study or training at the Center; and (4) making the facilities of the Center available for study or training to other qualified persons. SEC. 704. (a) I n carrying out the provisions of this chapter, the Secretary may utilize his authority under the provisions of the United States Information and Educational Exchange Act of 1948, as amended.

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