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Co-Authored-By: Claude Opus 4.8 <noreply@anthropic.com>
2026-07-06 10:51:44 -04:00

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LegalText 22 U.S.C. § 262n1 Increase in income and employment in developing countries; enhancement of purchasing power; diversification away from single crop or product economies us united_states_code code_section 22 FOREIGN RELATIONS AND INTERCOURSE 7 INTERNATIONAL BUREAUS, CONGRESSES, ETC. 262n1 22 U.S.C. § 262n1 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/s262n1 data/legal/raw/us/code/title-22/usc22.xml d082c4187b0a71d305e82bea1472332e748c9fd64f13b1e6b0610f98e1621fe8 b9c63ede722f5e0bf8eabfe9029e06e312ab9bcfd95c4d1424ed515baff1df83 ae5fcf5588291c8449f0d17a319f2a223e80fc5a3642b82dee9c1bb1362737be 2026-07-04 official
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22 U.S.C. § 262n1 - Increase in income and employment in developing countries; enhancement of purchasing power; diversification away from single crop or product economies

Text

The Secretary of the Treasury, after consultations with the Secretary of Agriculture and the Secretary of the Interior (to the extent appropriate) on markets and prices for commodities, shall periodically instruct the United States Executive Director of each multilateral development bank to work with other executive directors of the respective bank to continue to—

(1) support activities which result in broad increases in income and employment and enhance purchasing power in developing countries, particularly among the rural poor; and

(2) encourage diversification away from single crop or product economies in developing countries to help reduce wide fluctuations in commodity prices and the adverse impact of abrupt changes in the terms of trade.

(Pub. L. 95118, title XIV, § 1402, as added Pub. L. 100202, § 101(e) [title I], Dec. 22, 1987, 101 Stat. 1329131, 1329134.)

Notes

Editorial Notes

Codification Section 1402 of Pub. L. 95118 is based on section 701 of title VII of H.R. 3750, One Hundredth Congress, as introduced Dec. 11, 1987, and enacted into law by Pub. L. 100202.

Statutory Notes and Related Subsidiaries

Definitions The definitions in section 262p5 of this title apply to this section.