Pub. L. 92-412, tit. II, sec. 203

findings and policy

EnactedYear: 1972Length: 212 wordsOfficial source
findings and policy Sec. 203. The Congress finds that, there are many activities undertaken by various departments, agencies, and instrumentalities of the Federal Government, which, in the aggregate, constitute the domestic and international economic policy of the United States. The Congress further finds that the objectives of the United States with respect to a sound and purposeful international economic policy can be better accomplished through the closer coordination or (1) domestic and foreign economic activity, and (2) in particular, that economic behavior which, taken together, constitutes United States international economic policy. Therefore this Act establishes a Council on International Economic Policy which will provide for— (A) a clear top level focus for the full range of international economic issues; deal with international economic policies including trade, investment, balance of payments, and finance as a coherent whole; 86 Stat. 647 (B) consistency between domestic and foreign economic policy: and (C) close coordination with basic foreign policy objectives. The Congress intends that the Council shall be provided with the opportunity to (i) investigate problems with respect to the coordination, implementation, and long-range development of international economic policy, and (ii) make appropriate findings and recommendations for the purpose of assisting in the development of a rational and orderly international economic policy for the United States.
Pub. L. 92-412, tit. II, sec. 203: findings and policy | Justis AI