Page:United States Statutes at Large Volume 91.djvu/658

 PUBLIC LAW 95-92—AUG. 4, 1977

91 STAT. 624

as may be necessary for the fiscal year 1978 to carry out international agreements relating to defense cooperation with Greece and Turkey. (b) No funds appropriated under this section may be obligated or expended to carry out any agreement described in subsection (a) until legislation has been enacted approving such agreement. (c) Funds appropriated for the fiscal year 1978 may not be obligated for assistance to Turkey under chapters 2 and 5 of part II of 22 USC 2311 the Foreign Assistance Act of 1961, other than in accordance with et seq, 234^7 etseq. section 620(x) of such Act. 22 USC 2370. (d) Section 620(x)(1) of the Foreign Assistance Act of 1961 is amended— (1) by striking out "for the fiscal year 1976, the period beginning July 1, 1976, and ending September 30, 1976, and the fiscal year 1977," and inserting in lieu thereof "for the fiscal year 1978"; (2) by striking out "(A) during the fiscal year 1976 and the period Seginning July 1, 1976, and ending September 30, 1976, the total value of defense articles and defense services sold to Turkey under such Act, either for cash or financed by credits and uaranties, shall not exceed $125,000,000, and (B) during the seal year 1977," and inserting in lieu thereof "during the fiscal year 1978"; and (3) by striking out "$125,000,000" the second place it appears and inserting in lieu thereof "$175,000,000".

G

ARMS SALES AND UNITED STATES DEFENSE Report to Congress.

22 USC 2751 note. Contents.

READINESS

SEC. 23. The President shall prepare and submit to the Congress not later than March 15, 1978, a report on the impact of United States foreign arms sales and transfers on United States defense readiness and national security. The report should focus on arms sales since 1972 arid discuss the impact of such sales on United States troops stationed overseas. The report shall also include an analysis of United States foreign arms sales and transfers which have involved agreements entered into by the United States for the purchase or acquisition by the United States of defense articles, services, or equipment, or other articles, services, or equipment of any foreign country or international organization in connection with or as consideration for such United States foreign arms sales and transfers, including— (1) an analysis of the impact such agreements have had upon United States business concerns which might otherwise have provided such articles, services, or equipment to the United States; (2) an estimate of the costs incurred by the United States in connection with such agreements compared with the costs which would otherwise have been incurred; (3) an estimate of the economic impact and unemployment which have resulted from such agreements; and (4) an analysis of whether such costs and such domestic economic impact have justified entering into such agreements. STUDY OF TECHNOLOGY TRANSFERS

22 USC 2751 note.

Contents.

SEC. 24. (a) The President shall conduct a comprehensive study of the policies and practices of the United States Government with respect to the national security and military implications of international transfers of technology in order to determine whether such policies and practices should be changed. Such study shall examine— (1) thenatureof technology transfer;

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