PUBLIC LAW 102-549—OCT. 28, 1992 106 STAT. 3655 report to the Congress in the report required by section 181(b) of the Trade Act of 1974 with respect to such actions. "(c) DEFINITIONS.—For purooses of this section— "(1) the term United States insurance company* includes— "(A) an individual, partnership, corporation, holding company, or other legal entity which is authorized, or in the case of a holding company, subsidiaries of which are authorized, by a State to engage in the business of issuing insurance contracts or reinsuring the risk underwritten by insurance companies; and "(B) foreign operations, branches, agencies, subsidiaries, affiliates, or joint ventures of any entity described in subparagraph (A); "(2) UnitedStates insurance companies shall be considered to have had a 'fair and open competitive opportunity to provide insurance'if they—
- (A) have received notice of the opportunity to provide
insurance; and "(B) have been evaluated on a nondiscriminatory basis; and "(3) the term 'State' includes the District of Columbia and any commonwealth, territory, or possession of the United States. ". TITLE II—TRADE AND DEVELOPMENT AGENCY SEC. 201. TRADE AND DEVELOPMENT AGENCY. Section 661 of the Foreign Assistance Act of 1961 is amended 22 USC 2421. to read as follows: •«EC. 661. TRADE AND DEVELOPMENT AGENCY. "(a) PURPOSE.—The Trade and Development Agency shall be an agency of the United States under the foreign policy guidance of the Secretary of State. The purpose of the Trade and Development Agency is to promote United States private sector participation in development projects in developing and middle-income countries. "(b) AUTHORITY To PROVIDE ASSISTANCE.- — "(1) AUTHORITY.-—The Director of the Trade and Development Agency is authorized to work with foreign countries, including those in which the United States development programs have been concluded or those not receiving assistance under part I, to cany out the purpose of this section by providing funds for feasibility studies, architectural and engineering design, and other activities related to development projects whicn provide opportunities for the use of United States exports. "(2) USE OF FUNDS.—Funds under this section may be used to provide support for feasibility studies for the planning, development, and maiiagement of, and procurement for, bilateral and multilateral development projects, including training activities undertaken in connection with a project, for the purpose of promoting the use of United States goods and services in such projects. Funds under this section may also be used for €urchitectural and engineering design, including—
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