Foreign Agricultural and Mineral Investment Reform Act of 1986

Summary

Foreign Agricultural and Mineral Investment Reform Act of 1986 - Directs the Secretary of the Treasury to instruct the U.S. Executive Directors of the multilateral development banks to oppose any aid by those banks for the production or extraction of any commodity or mineral for export if: (1) such commodity or mineral is in surplus on world markets; and (2) the export of such commodity or mineral would cause substantial injury to competing U.S. producers. Reduces the U.S. contribution to such institutions by a proportionate amount if such institutions provide assistance for such exports. Requires that any funds withheld from such institutions shall be used to reduce the public debt.

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1 official file

• Introduced in House

  summary · EN · 17 September 1986

  Open at official source

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