food and nutrition

food and nutrition Sec. 302. Section 103 of the Foreign Assistance Act of 1961 is amended— (1) in subsection (a), by inserting “$618,800,000 for the fiscal year 1976 and $745,000,000 for the fiscal year 1977,” immediately after “1975,”; and (2) by adding at the end thereof the following new subsections: “(c) Assistance provided under this section shall be used primarily for activities which are specifically designed to increase the productivity and income of the rural poor, through such means as creation and strengthening of local institutions linked to the regional and national levels; organization of a system of financial institutions which provide both savings and credit services to the poor; stimulation of small, labor-intensive enterprises in rural towns; improvement of marketing facilities and systems; expansion of local or small-scale rural infrastructure and utilities such as farm-to-market roads, land improvement, energy, and storage facilities; establishment of more equitable and more secure land tenure arrangements; and creation and strengthening of systems to provide other services and supplies needed by farmers, such as extension, research, training, fertilizer, water, and improved seed, in ways which assure access to them by small farmers. “(d) Foreign currency proceeds from sales of commodities provided under the Agricultural Trade Development and Assistance Act of 1954 which are owned by foreign governments shall be used whenever practicable to carry out the provisions of this section. “(e) In order to carry out the purposes of this section, the President is authorized to participate in and provide, on such terms and conditions as he may determine, up to $200,000,000 to the International Fund 89 STAT. 857for Agricultural Development. There is authorized to be appropriated to the President without fiscal year limitation $200,000,000 for such contribution. “(f) No funds may be obligated to carry out subsection (e) unless— “(1) satisfactory agreement is reached on the Articles of Agreement for the International Fund for Agricultural Development; “(2) such Articles of Agreement are reviewed and approved by the Senate Committee on Foreign Relations and the House Committee on International Relations; “(3) all donor commitments to the International Fund for Agricultural Development total at least $1,000,000,000 equivalent in convertible currencies, except that the United States contribution shall be proportionally reduced if this combined goal is not met: and “(4) there is equitable burden sharing among the different categories of contributors. “(g) The President shall submit to the Congress full and complete data concerning United States participation in, and operation of, the International Fund for Agricultural Development in the annual presentation materials on proposed economic assistance programs.”.