Page:United States Statutes at Large Volume 84 Part 1.djvu/62

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PUBLIC LAW 91-194-FEB. 9, 1970

Countries a s sisting North Vietnam. 75 Stat. 424. 22 USC 2151 note. United Arab Republic.

Iron and s t e e l products for u s e in Vietnam.

Expenditures by underdeveloped countries for weapons s y s t e m s.

Report to Congress.

68 Stat. 454; 80 Stat. 1526. 7 USC 1691 note.

Reports to Congress.

Restriction.

Authorizing legislation, conformation. 83 Stat. 805.

[84 STAT.

application of this amendment if it is important to the national interest. SEC. 116. No assistance shall be furnished under the Foreign Assistance Act of 1961, as amended, to any country that sells, furnishes or permits any ships under its registry to carry to North Vietnam any of the items mentioned in subsection 107(a) of this Act. SEC. 117. None of the funds appropriated or made available in this Act for carrying out the Foreign Assistance Act of 1961, as amended, shall be available for assistance to the United Arab Republic, unless the President determines that such availability is essential to the national interest of the United States. SEC. 118. None of the funds appropriated or made available pursuant to this Act for carrying out the Foreign Assistance Act of 1961, as amended, may be used to finance the procurement of iron and steel products for use in Vietnam containing any component acquired by the producer of the commodity, in the form in which imported into the country of production, from sources other than the United States or a country designated as a limited free world country by code number 901 in the July 1968 Geographic Code Book compiled by the Agency for International Development, and at a total cost (delivered to the point of production) that amounts to more than 10 per centum of the lowest price (excluding the cost of ocean transportation and marine insurance) at which the supplier makes the commodity available for export sale (whether or not financed by the Agency for International Development). SEC. 119. The President is directed to withhold economic assistance in an amount equivalent to the amount spent by any underdeveloped country for the purchase of sophisticated weapons systems, such as missile systems and jet aircraft for military purposes from any country other than Greece, Turkey, the Republic of China, the Philippines, and Korea, unless the President determines that such purchase or acquisition of weapons systems is important to the national security of the United States and reports within thirty days each such determination to the Congress. SEC. 120. (a) I n order to restrain arms races and proliferation of sophisticated weapons, and to ensure that resources intended for economic development are not diverted to military purposes, the President shall take into account before furnishing development loans, Alliance loans, or supporting assistance to any country under this Act, and before making sales under the Agricultural Trade Development and Assistance Act of 1954, as amended: (1) the percentage of the recipient or purchasing country's budget which is devoted to military purposes, (2) the degree to which the recipient or purchasing country is using its foreign exchange resources to acquire military equipment; and (3) the amount spent by the recipient or purchasing country for the purchase of sophisticated weapons systems, such as missile systems and jet aircraft for military purposes, from any country. (b) The President shall report annually to the Speaker of the House of Representatives and the Committee on Foreign Relations of the Senate his actions in carrying out this provision. SEC. 121. None of the funds contained in Title I of this Act may be used to carry out the provisions of section 401(a)(2) of the Foreign Assistance Act of 1969. Sections of this Title which refer to authorizing legislation are hereby amended to conform to the appropriate sections of the Foreign Assistance Act of 1969.

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