Pub. L. 89-583, pt. I, ch. 2, tit. VIII, sec. 106

Sec. 106. Chapter 2 of part I of the Foreign Assistance Act of 1961, as amended, is amended by adding at the end thereof the following new titles: “title viii—southeast asia multilateral and regional programs “Sec. 271. General Provisions.—The acceleration of social and economic progress in southeast Asia is important to the achievement of the United States foreign policy objectives of peace and stability in that area. It is the sense of Congress that this objective would be 80 Stat. 800served by an expanded effort by the countries of southeast Asia and other interested countries in cooperative programs for social and economic development of the region, employing both multilateral and bilateral channels of assistance. “Sec. 272. Special Provisions.—In providing assistance to further the purposes of this title the President shall take into account: “(1) initiatives in the field of social and economic development by Asian peoples and institutions; “(2) regional economic cooperation and integration in southeast Asia; “(3) the extent of participation by other potential donor countries; “(4) the degree of peaceful cooperation among the countries of southeast Asia toward the solution of common problems; and “(5) the ability of multilateral institutions or other administering authorities to carry out projects and programs effectively, efficiently, and economically. “Sec. 273. Authorization.—The President is authorized to utilize not to exceed $10,000,000 of the funds otherwise available to carry out the provisions of part I of this Act (other than title VI of this chapter) to furnish assistance under this title on such terms and conditions as he may determine, in order to promote social and economic development and stability in southeast Asia. “title ix—utilization of democratic institutions in development “Sec. 281. In carrying out programs authorized in tills chapter, emphasis shall be placed on assuring maximum participation in the task of economic development on the part of the people of the developing countries, through the encouragement of democratic private and local governmental institutions.”