Pub. L. 102-484, div. A, tit. XVII, sec. 1704

INTERNATIONAL COOPERATION.

EnactedYear: 1992Length: 275 wordsOfficial source
SEC. 1704. INTERNATIONAL COOPERATION. (a) Cuban Trading Partners.— The President should encourage the governments of countries that conduct trade with Cuba to restrict their trade and credit relations with Cuba in a manner consistent with the purposes of this title. (b) Sanctions Against Countries Assisting Cuba.— (1) Sanctions.— The President may apply the following sanctions to any country that provides assistance to Cuba: (A) The government of such country shall not be eligible for assistance under the Foreign Assistance Act of 1961 or assistance or sales under the Arms Export Control Act. (B) Such country shall not be eligible, under any program, for forgiveness or reduction of debt owed to the United States Government. (2) Definition of assistance.— For purposes of paragraph (1), the term “assistance to Cuba”— 106 STAT. 2577 (A) means assistance to or for the benefit of the Government of Cuba that is provided by grant, concessional sale, guaranty, or insurance, or by any other means on terms more favorable than that generally available in the applicable market, whether in the form of a loan, lease, credit, or otherwise, and such term includes subsidies for exports to Cuba and favorable tariff treatment of articles that are the growth, product, or manufacture of Cuba; and (B) does not include— (i) donations of food to nongovernmental organizations or individuals in Cuba, or (ii) exports of medicines or medical supplies, instruments, or equipment that would be permitted under section 1705(c). (3) Applicability of section.— This section, and any sanctions imposed pursuant to this section, shall cease to apply at such time as the President makes and reports to the Congress a determination under section 1708(a).
Pub. L. 102-484, div. A, tit. XVII, sec. 1704: INTERNATIONAL COOPERATION. | Justis AI