FOOD FOR PROGRESS.

SEC. 1516. FOOD FOR PROGRESS. The Food for Progress Act of 1985 (7 U.S.C. 1736o) is amended— (1) in subsection (b)— (A) by striking “countries that” and inserting “developing countries, and countries that are emerging democracies, that”, and (B) by striking “developing countries” and inserting “the governments of such countries, or with private voluntary organizations, nonprofit agricultural organizations, or cooperatives,”; (2) in subsection (d) by striking “with countries”; (3) in subsection (e)(3)— (A) by striking “to a developing country”, and (B) by striking “by a developing country”; (4) in subsection (e)(4)— (A) by striking “to a developing country” both places it appears; and (B) by striking “section 401(b)” and inserting “sections 402, 403(a), 403(c), and 403(i)”; (5) in subsection (f)(1) by striking “to developing countries”; (6) in subsection (g) by striking “1990” and inserting “1995”; (7) in subsection (j) by striking “entered into with a country”, and by inserting “with respect to a country” after “effect”; (8) in subsection (k) by striking “recipient countries” and inserting “the recipient”; (9) in subsection (1) by striking “1990” and inserting “December 31, 1995”; and (10) by adding at the end the following new subsections: “(m) (1) To enhance the development of private sector agriculture in countries receiving assistance under this Act the President may, in each of the fiscal years 1991 through 1995, use in addition to any amounts or commodities otherwise made available under this Act for such activities, not to exceed $10,000,000 of Commodity Credit Corporation funds (or commodities of an equal value owned by the Corporation), to provide assistance in the administration, sale, and monitoring of food assistance programs to strengthen private sector agriculture in recipient countries. 104 STAT. 3664 “(2) To carry out this subsection, the President may provide agricultural commodities under agreements entered into under this Act in a manner that uses the commodity transaction as a means of developing in the recipient countries a competitive private sector that can provide for the importation, transportation, storage, marketing and distribution of such commodities. “(3) The President may use the assistance provided under this subsection and local currencies derived from the sale of commodities under paragraph (2) to design, monitor, and administer activities undertaken with such assistance, for the purpose of strengthening or creating the capacity of recipient country private enterprises to undertake commercial transactions, with the overall goal of increasing potential markets for United States agricultural commodities.”.