Page:United States Statutes at Large Volume 82.djvu/1368

 1326

PUBLIC LAW 9 0 - 6 2 9 - OCT. 22, 1968

[82 STAT.

guaranty and credit extensions to economically less developed countries for the current fiscal year. SEC.

22 USC f934. Ante, Ante,

p. 1323p. 1324.

36. REPORTS ON COMMERCIAL AND GOVERNMENTAL. MILITARY

EXPORTS.—(a) The Secretary of State shall transmit to the Speaker of the House of Representatives and the Committee on Foreign Relations of the Senate semiannual reports of all exports during the preceding six months of significant defense articles on the United States munitions list to any foreign government, international organization, or other foreign recipient or purchaser, by the United States under this Act or any other authority, or by any individual, corporation, partnership, or other association doing business in the United States. Such reports shall include, but not be limited to, full information as to the particular defense articles so exported, the particular recipient or purchaser, the terms of the export, including its selling price, if any, and such other information as may be appropriate to enable the Congress to evaluate the distribution of United States defense articles abroad. I n preparing such reports the Secretary of State is authorized to utilize the latest statistics and information available in the various departments and agencies of the Government. (b) There shall be included in the presentation material submitted to the Congress during its consideration of amendments to this Act, or of any Act appropriating funds pursuant to authorizations contained in this Act, annual tables disclosing the dollar value of cash and credit foreign military sales orders, commitments to order, and estimated future orders under this Act and estimates of commercial sales orden? and commitments to order received directly from any country or international organization by any individual, corporation, partnership, or other association doing business in the United States. The data reported shall be set forth on a country-by-country basis and shall be summarized on an economically developed country-economically less developed country basis. (c) Nothing in this section shall be construed as modifying in any way the provisions of section 414 of the Mutual Security Act of 1954, as amended, relating to munitions control. SEC. 37. FISCAL PROVISIONS RELATING TO FOREIGN MILITARY SALES

CREDITS.— (a) Cash payments received under sections 21 and 22 and advances received under section 23 shall be available solely for payments to suppliers (including the military departments) and refunds to purchasers and shall not be available for financing credits and guaranties. (b) Amounts received from foreign governments and international organizations as repayments for credits extended pursuant to section 23, amounts received from the disposition of instruments evidencing indebtedness, and other collections (including fees and interest) shall be transferred to the miscellaneous receipts of the Treasury. Chapter 4.—GENERAL, ADMINISTRATIVE, A N D MISCELLANEOUS PROVISIONS 41. EFFECTIVE DATE.—This Act shall take effect on July 1, 1968. 42. GENERAL PROVISIONS.—(a) I n carrying out this Act, special emphasis shall be placed on procurement in the United States, but consideration shall also be given to coproduction or licensed production outside the United States of defense articles of United S t a t ^ origin when such production best serves the foreign policy, national security, and economy of the United States. I n evaluating any sale proposed to be made pursuant to this Act, there shall be taken into consideration SEC. SEC.

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