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Joe, Gassa, Ablie:
The section referred to in the letter quoted is likely to be Title V, § 508
of the United States Code. See below the relevant sections of Title 22,
Chapter 32 [22 USCS § 2151y (2001)- Accelerated loan repayments; annual
review of countries with bilateral concessional loan balances; priority of
determinations respecting negotiations with countries having balances;
criteria for determinations and 22 USCS § 2151aa (2001)- Program to
provide technical assistance to foreign governments and foreign central
banks of developing or transitional countries]. This is porbably
the "Assistance" being talked about. I may be wrong on this, but I strongly
believe this is the section they are re
ferring to. I hope this helps.
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§ 2151aa. Program to provide technical assistance to foreign governments
and foreign central banks of developing or transitional countries
(a) Establishment of program.
(1) In general. Not later than 150 days after the date of the enactment
of this section [enacted Oct. 21, 1998], the Secretary of the Treasury,
after consultation with the Secretary of State and the Administrator of the
United States Agency for International Development, is authorized to
establish a program to provide technical assistance to foreign governments
and foreign central banks of developing or transitional countries.
(2) Role of Secretary of State. The Secretary of State
shall provide
foreign policy guidance to the Secretary to ensure that the program
established under this subsection is effectively integrated into the
foreign policy of the United States............................
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§ 2151y. Accelerated loan repayments; annual review of countries with
bilateral concessional loan balances; priority of determinations respecting
negotiations with countries having balances; criteria for determinations
The Administrator of the agency primarily responsible for administering
this part shall conduct an annual review of bilateral concessional loan
balances and shall determine and identify those countries whose financial
resources make possible accelerated loan repayments. In
particular,
European countries that were recipients of concessional loans by
predecessor agencies to the agency primarily responsible for administering
this part shall be contacted to negotiate accelerated repayments. The
criteria used by the Administrator in making these determinations shall be
established in conjunction with the Committee on Foreign Affairs of the
House of Representatives and the Committee on Foreign Relations of the
Senate.
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