Page:United States Statutes at Large Volume 111 Part 3.djvu/347

This page needs to be proofread.

PUBLIC LAW 105-118—NOV. 26, 1997 111 STAT. 2435 Georgia, Kazakstan, Kyrgystan, Tajikistan, Turkmenistan, and Uzbekistan. PAKISTAN SEC. 579. (a) OPIC—Section 239(f) of the Foreign Assistance Act of 1961 (22 U.S.C. 2199(f)) is amended by inserting ", or Pakistan" after "China". (b) TRADE AND DEVELOPMENT.—It is the sense of Congress that the Director of the Trade and Development Agency should use funds made available to carry out the provisions of section 661 of the Foreign Assistance Act of 1961 (22 U.S.C. 2421) to promote United States exports to Pakistan. REQUIREMENTS FOR THE REPORTING TO CONGRESS OF THE COSTS TO THE FEDERAL GOVERNMENT ASSOCIATED WITH THE PROPOSED AGREEMENT TO REDUCE GREENHOUSE GAS EMISSIONS SEC. 580. The President shall provide to the Congress a detailed President. account of all Federal agency obligations and expenditures for climate change programs and activities, domestic and international, for fiscal year 1997, planned obligations for such activities in fiscal year 1998, and any plan for programs thereafter in the context of negotiations to amend the Framework Convention on Climate Change (FCCC) to be provided to the appropriate congressional committees no later than November 15, 1997. AUTHORITY TO ISSUE INSURANCE AND EXTEND FINANCING SEC. 581. (a) IN GENERAL. —Section 235(a) of the Foreign Assistance Act of 1961 (22 U.S.C. 2195(a)) is amended— (1) by striking paragraphs (1) and (2)(A) and inserting the following: "(1) INSURANCE AND FINANCING. —(A) The maximum contingent liability outstanding at any one time pursuant to insurance issued under section 234(a), and the amount of finsmcing issued under sections 234(b) and (c), shall not exceed in the aggregate $29,000,000,000. "; (2) by redesignating paragraph (3) as paragraph (2); and (3) by amending paragraph (2) (as so redesignated) by striking "September 30, 1997" and inserting "September 30, 1999". (b) CONFORMING AMENDMENT.— Paragraph (2) of section 235(a) of that Act (22 U.S.C. 2195(a)), as redesignated by subsection (a), is further amended by striking "(a) and (b)" and inserting "(a), (b), and (c)". WITHHOLDING ASSISTANCE TO COUNTRIES VIOLATING UNITED NATIONS SANCTIONS AGAINST LIBYA SEC. 582. (a) WITHHOLDING OF ASSISTANCE.— Except as provided in subsection (b), whenever the President determines and certifies to Congress that the government of any country is violating any sanction against Libya imposed pursuant to United Nations Security Council Resolution 731, 748, or 883, then not less than 5 percent of the funds allocated for the country under section 653(a) of the Foreign Assistance Act of 1961 out of appropriations in this Act shall be withheld from obligation and expenditure for that country.