Limpopo River Debt Relief and Reconstruction Act of 2000

Summary

Limpopo River Debt Relief and Reconstruction Act of 2000 - Title I: Debt Relief - Directs the President, subject to authorization of appropriations, to cancel all amounts owed to the United States by eligible countries (Botswana, Lesotho, Madagascar, Mozambique, South Africa, Swaziland, Zambia, and Zimbabwe) as a result of concessional and nonconcessional loans made, guarantees or insurance issued, or credits extended under any provision of law. (Sec. 101) Provides that cancellation of debt shall not be considered to be assistance for purposes of any law limiting assistance to a country. Authorizes appropriations. (Sec. 102) Urges the President to use U.S. influence within the Paris Club of Official Creditors to urge each nation that is a member to the Club to cancel all debt owed to the nation by an eligible country. (Sec. 103) Directs the Secretary of the Treasury to instruct the U.S. Executive Directors at specified international financial institutions to use the U.S. vote to urge such institutions to cancel all debt owed to it by any eligible country. Title II: Reconstruction Aid - Amends the Foreign Assistance Act of 1961 to authorize the President to provide grant assistance for relief, reconstruction, and related recovery activities in southern Africa, in particular the eligible countries, as a result of the severe flooding that began on February 9, 2000. (Sec. 201) Authorizes appropriations. (Sec. 202) Urges the President to use U.S. influence within the Paris Club of Official Creditors to urge each country that is a member of the Club to provide grants to each eligible country for the repair and reconstruction of the infrastructure of the country that has been damaged or destroyed by the flooding in southern Africa that began on February 9, 2000. (Sec. 203) Directs the Secretary of the Treasury to instruct the U.S. Executive Directors at specified international financial institutions to use the U.S. vote to urge such institutions to provide grants to each eligible country for the repair and reconstruction of the infrastructure of the country that has been damaged or destroyed by the flooding in southern Africa that began on February 9, 2000. Title III: Eligible Countries - Defines "eligible country" to mean Botswana, Lesotho, Madagascar, Mozambique, South Africa, Swaziland, Zambia, and Zimbabwe.

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3 official files

• Introduced in House (text)

  Introduced in House · EN · 23 March 2000

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• Introduced in House (PDF)

  Introduced in House · EN · 23 March 2000

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• Introduced in House

  summary · EN · 23 March 2000

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