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Food for Peace Act (7 USC Ch. 41, sections 1691 - 1838r).

Country/Territory
United States of America
Document type
Legislation
Date
Source
FAO, FAOLEX
Original source
United States Code, Title 7 - Agriculture.
Subject
Food & nutrition
Keyword
Food security International trade Transport/storage Packaging/labelling Institution Environmental standards Data collection/reporting Gender Standards
Geographical area
Americas, Arctic, East Pacific, North America, North Atlantic
Abstract

It is the policy of the United States to use its abundant agricultural productivity to promote the foreign policy of the United States by enhancing the food security of the developing world through the use of agricultural commodities and local currencies accruing under this chapter to— (1) combat world hunger and malnutrition and their causes; (2) promote broad-based, equitable, and sustainable development, including agricultural development; (3) expand international trade; (4) foster and encourage the development of private enterprise and democratic participation in developing countries; and (5) prevent conflicts. The Chapter establishes the minimum level of food assistance which shall constitute one-third of all US foreign economic assistance. For purposes of this section, the term 'foreign economic assistance' includes assistance under the Foreign Assistance Act of 1961, the Food for Peace Act or any other law authorizing economic assistance for foreign countries; and United States contributions to the International Bank for Reconstruction and Development, the International Development Association, the Inter-American Development Bank, the Asian Development Bank, the African Development Bank, or any other multilateral development bank. The Chapter is composed of the following subchapters: I – Barter; II- Economic Assistance and Food Security regulating agreements regarding eligible countries and private entities, terms and conditions of sales, use of local currency payment, agreements for use of foreign currencies, and reports to Congress; III- Emergency and Private Assistance Programs including subchapter IIIa -Food for Development and IIIb- Emergency Food Assistance and regulating the provision of agricultural commodities, generation and use of currencies by private voluntary organizations and cooperatives, levels of assistance, Food Aid Consultative Group, administration, assistance for stockpiling and rapid transportation, delivery, and distribution of shelf-stable prepackaged foods, and local and regional food aid procurement projects; IV – General Authorities and Requirements, and V- Farmer to Farmer Program, and VI- Enterprise for the Americas Initiative laying down rules and regulations regarding the establishment in the Department of Treasury of an entity to be known as the "Enterprise for the Americas Facility" which purpose is to encourage and support improvement in the lives of the people of Latin America and the Caribbean through market-oriented reforms and economic growth with inter-related actions to promote debt reduction, investment reforms, and community-based conservation and sustainable use of the environment. The subchapter also regulates eligibility for benefits under Facility, framework agreements, consultations with Congress and reporting to Congress, and sale, reduction, or cancellation of qualified debt to facilitate certain debt swaps.

Full text
English
Website
uscode.house.gov