Page:United States Statutes at Large Volume 88 Part 2.djvu/489

 88 STAT. ]

PUBLIC LAW 93-559-DEC. 30, 1974

1805

"SEC. 663. Exchanges of Certain Materials.—(a) Notwithstanding 22 USC 2423,. any other provision of law, whenever the President determines it is in the United States national interest, he shall furnish assistance under this Act or shall furnish defense articles or services under the Foreign Military Sales Act pursuant to an agreement with the recipi- n o22. u s e 2751 te ent of such assistance, articles, or services which provides that such recipient may only obtain such assistance, articles, or services in exchange for any necessary or strategic raw material controlled by such recipient. For the purposes of this section, the term 'necessary or ^"^^^^^^^^^J '"• strategic raw material' includes petroleum, other fossil fuels, metals, strategic raw ° -""""^ "— material. minerals, or any other natural substance which the President determines is in short supply in the United States. "(b) The President shall allocate any necessary or strategic raw material transferred to the United States under this section to any appropriate agency of the United States Government for stockpiling, sale, transfer, disposal, or any other purpose authorized by law. "(c) Funds received from any disposal of materials under subsection (b) shall be deposited as miscellaneous receipts in the United States Treasury." WAIVER OF P R O H I B I T I O N AGAINST ASSISTANCE TO COUNTRIES I N CERTAIN TRADE OR S H I P P I N G

ENGAGING

S E C 33. Chapter 3 of part III of the Foreign Assistance Act of 1961 is amended by adding at the end thereof the following new section: "SEC. 664. Waiver of Prohibition Against Assistance to Countries Engaging in Certain Trade,—Any provision of this Act which prohibits assistance to a country because that country is engaging in trade with a designated country, or because that country permits ships or aircraft under its registry to transport any equipment, materials, or commodities to or from such designated country, may be waived by the President if he determines that such waiver is in the national interest and reports such determination to the Congress."

22 USC 2424.

POLICY W I T H RESPECT TO I N D O C H I N A

SEC. 34. (a) The Congress finds that the cease-fire provided for in the Paris Agreement on Ending the W a r and Restoring Peace in Vietnam has not been observed by any of the Vietnamese parties to the conflict. Military operations of an offensive and defensive nature continue throughout South Vietnam, I n Cambodia, the civil war between insurgent forces and the Lon Nol government has intensified, resulting in widespread human suffering and the virtual destruction of the Cambodian economy, (b) The Congress further finds that continuation of the military struggles in South Vietnam and Cambodia are not in the interest of the parties directly engaged in the conflicts, the people of Indochina or world peace. I n order to lessen the human suffering in Indochina and to bring about a genuine peace there, the Congress urges and requests the President and the Secretary of State to undertake the following measures: (1) to initiate negotiations with representatives of the Soviet Union and the People's Republic of China to arrange a mutually agreed-upon and rapid de-escalation of military assistance on the part of the three principal suppliers of arms and material to all Vietnamese and Cambodian parties engaged in conflict; (2) to urge by all available means that the Government of the Khmer Republic ent^r in negotiations with representatives of the

22 USC 2431 24 UST 1.

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