COCOM Compliance Act of 1987

Summary

COCOM Compliance Act of 1987 - Prohibits the extension of foreign military sales credits and the furnishing of military assistance to any country which: (1) is not a member of the Coordinating Committee of countries that cooperate in restricting strategic exports to Communist countries (COCOM); and (2) in the previous fiscal year received an aggregate of more than $150,000,000 in such credits and assistance. Requires the President to annually determine and certify to the Congress: (1) which members of COCOM have not complied with the export controls agreed upon by the COCOM member countries; and (2) for each such country, the value in dollars of the estimated damage to the United States which was incurred as a result of such noncompliance. Limits the amount of foreign military sales credits and military assistance received by a country identified by such determination.

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1 official file

• Introduced in Senate

  summary · EN · 7 August 1987

  Open at official source

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