A bill to require United States representatives to international financial institutions to oppose assistance by such institutions for the production of agricultural commodities in competition with United States produced agricultural commodities, and for other purposes.

Summary

Directs the Secretary of the Treasury to instruct the U.S. Executive Directors of specified development credit institutions to oppose any aid by such institutions for the production of any agricultural commodity for export if: (1) such commodity is in surplus on world markets; and (2) the export of such commodity would cause substantial injury to U.S. producers of the same or a similar competing commodity. Limits the amount of U.S. payment to any capital expansion such institution based upon the amount of assistance furnished by such institution for the production of surplus agricultural commodities that are injurious to U.S. producers or for the subsidization of the export of agricultural commodities from certain countries.

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Documents

1 official file

• Introduced in Senate

  summary · EN · 30 October 1985

  Open at official source

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