technical cooperation

technical cooperation Sec. 203. Title III of chapter II of the Mutual Security Act of 1954, as amended, which relates to technical cooperation, is amended as follows: (a) In section 304, which relates to authorization, strike out “$179,500,000” and “1960” and substitute “$172,000,000” and “1961”, respectively. (b) Amend section 306, which relates to multilateral technical cooperation and related programs, as follows: (1) In subsection (a), which relates to contributions to the United Nations Expanded Program of Technical Assistance and related fund, strike out “$30,000,000” and “1960” and substitute “$33,000,000” and “1961”, respectively. (2) In subsection (b), which relates to contributions to the technical cooperation program of the Organization of American States, strike out “1960” and substitute “1961”. (c) In section 307, which relates to advances and grants, insert “(a)” immediately after “Sec. 307. Advances and Grants; Contracts.—”, and at the end thereof add the following: “(b) The President shall arrange for a nongovernmental research group, university, or foundation to study the advisability and practicability of a program to be known as the Point Four Youth Corps, under which young United States citizens would be trained and serve abroad in programs of technical cooperation. Not to exceed $10,000 from funds made available pursuant to section 304 of this Act may be used to help defray the expenses of such a study.” (d) Repeal section 308, which relates to the International Development Advisory Board.