806
77 Stat. 3 88. 22 USC 2370.
22 USC 2318.
22 USC 2181.
79 Stat. 659. Countries assisting North Vietnam.
6 5 Stat. 645. 22 USC 1611laild.
Assistance to United Arab Republic. Report to Congress.
Countries in default of payments.
PUBLIC LAW 89-583-SEPT. 19, 1966
[80
STAT.
that such military efforts or preparations will not be renewed, or that such representation will not be renewed or repeated." (2) Subsection (k) is amended to read as follows: " (k) Without the express approval of Congress, no assistance shall be furnished under this Act to any country for construction of any. productive enterprise with respect to which the aggregate value of assistance to be furnished by the United States will exceed $100,000,000. Except as otherwise provided in section 510, no military assistance shall be furnished to any country under this Act for carrying out any program, with respect to which the aggregate value of assistance to be furnished beginning July 1, 1966, by the United States will exceed $100,000,000 unless such program has been included in the presentation to the Congress during its consideration of authorizations for appropriations under this Act or of appropriations pursuant to authorizations contained in this Act. No provision of this or any other Act shall be construed to authorize the President to waive the provisions of this subsection." (3) Subsection (1) is amended to read as follows: " (1) The President shall consider denying assistance under this Act to the government of any less developed country which, after December 31, 1966, has failed to enter into an agreement with the President to institute the investment guaranty program under section 221(b)(1) of this Act, providing protection against the specific risks of inconvertibility under subparagraph (A), and expropriation or confiscation under subparagraph (B), of such section 221(b)(1)." (4) Subsection (n) is amended to read as follows: " (n) I n view of the aggression of North Vietnam, no assistance shall be furnished under this Act to any country which has failed to take appropriate steps, not later than sixty days after the date of enactment of the Foreign Assistance Act of 1966— " (A) to prevent ships or aircraft under its registry from transporting to North Vietnam— '(i) any items of economic assistance, " (ii) any items which are, for the purposes of title I of the Mutual Defense Assistance Control Act of 1951, as amended, arms, ammunition and implements of war, atomic energy materials, petroleum, transportation materials of strategic value, or items of primary strategic significance used in the production of arms, ammunition, and implements of war, or " (iii) any other equipment, materials, or commodities; and " (B) to prevent ships or aircraft under its registry from transporting any equipment, materials, or commodities from North Vietnam." (5) At the end of such section 620, add the following new subsections: " (p) No assistance shall be furnished under this Act to the United Arab Republic unless the President finds and reports within thirty days of such finding to the Committee on Foreign Relations of the Senate and the Speaker of the House of Representatives that such assistance is essential to the national interest of the United States, and further that such assistance will neither directly nor indirectly assist aggressive actions by the United Arab Republic. " (q) No assistance shall be furnished under this Act to any country which is in default, during a period in excess of six calendar months,
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