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2026-07-06 10:51:44 -04:00

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LegalText 22 U.S.C. § 2296b Development of infrastructure us united_states_code code_section 22 FOREIGN RELATIONS AND INTERCOURSE 32 FOREIGN ASSISTANCE 2296b 22 U.S.C. § 2296b current 119-100 2026-06-26 official https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc22@119-100.zip /us/usc/t22/s2296b data/legal/raw/us/code/title-22/usc22.xml 9f6cd2677b009fd4e86b32ee8b0bd28887ddccdafc09561979e5809ae28ddf8f b9c63ede722f5e0bf8eabfe9029e06e312ab9bcfd95c4d1424ed515baff1df83 b74fbceb546869e1125fa1bdf10efd8fa30788c8cef3c3facb1f3b205ecdc3f8 2026-07-04 official
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22 U.S.C. § 2296b - Development of infrastructure

Text

(a) Purpose of programs The purposes of programs under this section include—

(1) to develop the physical infrastructure necessary for regional cooperation among the countries of the South Caucasus and Central Asia; and

(2) to encourage closer economic relations and to facilitate the removal of impediments to cross-border commerce among those countries and the United States and other developed nations.

(b) Authorization for programs To carry out the purposes of subsection (a), the following types of programs for the countries of the South Caucasus and Central Asia may be used to support the activities described in subsection (c):

(1) Activities by the Export-Import Bank to complete the review process for eligibility for financing under the Export-Import Bank Act of 1945 [12 U.S.C. 635 et seq.].

(2) The provision of insurance, reinsurance, financing, or other assistance by the United States International Development Finance Corporation.

(3) Assistance under section 2421 of this title (relating to the Trade and Development Agency).

(c) Activities supported Activities that may be supported by programs under subsection (b) include promoting actively the participation of United States companies and investors in the planning, financing, and construction of infrastructure for communications, transportation, including air transportation, and energy and trade including highways, railroads, port facilities, shipping, banking, insurance, telecommunications networks, and gas and oil pipelines.

(Pub. L. 87195, pt. I, § 499B, as added Pub. L. 106113, div. B, § 1000(a)(2) [title V, § 596(b)], Nov. 29, 1999, 113 Stat. 1535, 1501A124; amended Pub. L. 115254, div. F, title VI, § 1470(j)(2), Oct. 5, 2018, 132 Stat. 3517.)

Notes

Editorial Notes

References in TextThe Export-Import Bank Act of 1945, referred to in subsec. (b)(1), is act July 31, 1945, ch. 341, 59 Stat. 526, which is classified generally to subchapter I (§ 635 et seq.) of chapter 6A of Title 12, Banks and Banking. For complete classification of this Act to the Code, see Short Title note set out under section 635 of Title 12 and Tables.

Amendments2018—Subsec. (b)(2). Pub. L. 115254, which directed amendment of “section 449B(b)(2)” of the Foreign Assistance Act of 1961 by substituting “United States International Development Finance Corporation” for “Overseas Private Investment Corporation”, was executed to this section, which is section 499B of the Foreign Assistance Act of 1961, to reflect the probable intent of Congress.

Statutory Notes and Related Subsidiaries

Effective Date of 2018 AmendmentAmendment by Pub. L. 115254 effective at the end of the transition period, as defined in section 9681 of this title, see section 1470(w) of Pub. L. 115254, set out as a note under section 905 of Title 2, The Congress.