PROMOTION OF AGRICULTURAL EXPORTS TO EMERGING DEMOCRACIES.

SEC. 706. PROMOTION OF AGRICULTURAL EXPORTS TO EMERGING DEMOCRACIES. Section 1542 of the Agricultural Development and Trade Act of 1990 (7 U.S.C. 5622 note) is amended— (1) in subsection (a)— (A) by inserting “direct credits or” before “export credit”; (B) by inserting “201 or” before “202”; and (C) by inserting “or authorized” after “required”; (2) in subsection (b)— (A) by striking the subsection heading and inserting “(b) Facilities and Services.—”; (B) by striking “for the establishment or improvement by United States persons of facilities in emerging democracies” and inserting the following: “for— “(1) the establishment or improvement of facilities, or “(2) the provision of services or United States produced goods, in emerging democracies by United States persons”; and (C) by striking the last sentence and inserting the following: “The Commodity Credit Corporation shall give priority under this subsection— (1) to opportunities or projects identified under subsection (d)(1); (2) ) to projects that encourage the privatization of the agricultural sector or that benefit private farms or cooperatives in emerging democracies; and (3) ) to projects for which nongovernmental persons agree to assume a relatively larger share of the costs.”; (3) in subsection (d)(1)(B)(i), by inserting “, farmers, other persons from the private sector,” after “agricultural consultants”; and (4) by amending subsection (d)(1)(D) to read as follows: “(D) Technical assistance.— The Secretary is authorized to provide, or pay the necessary costs for, technical assistance to enable individuals or other entities to implement the recommendations or to carry out the opportunities and projects identified under paragraph (1)(A).”.