Page:United States Statutes at Large Volume 122.djvu/1845

This page needs to be proofread.

12 2 STA T . 1 8 22 PUBLIC LA W 11 0– 2 46—J U NE 18 , 2008 com mo dit i es, o n t h e condition th a t the pr o v ision o f those commodities or f u nds —‘ ‘ ( i ) is b ased on assessments of need and intended to benefit the food securit y of, or other w ise assist, recipients, and ‘‘(ii) is provided in a manner that avoids disincen - tives to l ocal a g ricultural production and mar k eting and with minimal potential for disruption of commer- cial markets

and ’ ’ .SEC.30 0 4 . TRAD EA N DDE V E LOPM ENT ASS I STANCE. (a) T itle I of the F ood for P eace A ct( 7U . S . C . 1 7 0 1etse q .) is amended in the title heading, by striking ‘‘ TRADE A N D DE V E LOPM ENT A S S I STAN C E’’ and inserting ‘‘ECONOMIC ASSISTANCE AND F OOD SEC U RIT Y ’’. (b) Section 101 of the Food for Peace Act (7 U.S.C. 1701) is amended in the section heading, by striking ‘‘ TRADE A N D DE V E LOPM ENT A S S I STAN C E’’ and inserting ‘‘ECONOMIC ASSISTANCE AND F OOD SEC U RIT Y ’’. SEC. 300 5 .A G REEMENTS REGARDING ELIGI B LE CO U NTRIES AND PRI - VATE ENTITIES. Section 10 2 of the Food for Peace Act (7 U.S.C. 1702) is amended— (1) in subsection (a)— (A) by striking paragraph (1); and ( B ) by redesignating paragraphs (2) and ( 3 ) as para- graphs (1) and (2), respectively; and (2) by striking subsection (c). SEC. 300 6 . USEO F LOCAL CURRENC Y PAYMENTS. Section 10 4 (c) of the Food for Peace Act (7 U.S.C. 1704(c)) is amended— (1) in the matter preceding paragraph (1), by inserting ‘‘, through agreements with recipient governments, private vol- untary organi z ations, and cooperatives,’’ after ‘‘developing country’’; (2) by striking paragraph (1); (3) in paragraph (2)— (A) in subparagraph (C), by striking ‘‘and’’ at the end; (B) in subparagraph ( D ), by striking the period at the end and inserting ‘‘; and’’; and (C) by adding at the end the following

‘‘( E ) the improvement of the trade capacity of the recipient country.’’; (4) in paragraph (3), by striking ‘‘agricultural business development and agricultural trade e x pansion’’ and inserting ‘‘development of agricultural businesses and agricultural trade capacity’’; ( 5 ) in paragraph (4), by striking ‘‘, or otherwise’’ and all that follows through ‘‘United States’’; ( 6 ) in paragraph (5), by inserting ‘‘to promote agricultural products produced in appropriate developing countries’’ after ‘‘trade fairs’’; and (7) by redesignating paragraphs (2) through ( 9 ) as para- graphs (1) through ( 8 ), respectively.