Pub. L. 100-461, tit. V, sec. 547

chile—loans from multilateral development institutions

EnactedYear: 1988Length: 238 wordsOfficial source
chile—loans from multilateral development institutions Sec. 547. (a) It is the sense of Congress that pursuant to section 701 of the International Financial Institutions Act of 1977, the United States Government should oppose all loans to Chile from international financial institutions, except for those for basic human needs, until— (1) the Government of Chile has ended its practice and pattern of gross abuse of internationally recognized human rights; (2) significant steps have been taken by the Government of Chile to restore democracy, including— (A) the implementation of political reforms which are essential to the development of democracy, such as the legalization of political parties, the enactment of election laws, the establishment of freedom of speech and the press, and the fair and prompt administration of justice; and (B) a precise and reasonable timetable has been established for the transition to democracy. (b) Except for programs under section 534(b) (4) or (6) of the Foreign Assistance’ Act of 1961 to support the efforts of private groups and individuals seeking to develop a national consensus on the importance of an independent judiciary and the administration of justice generally in a democratic society, assistance for which102 STAT. 2268–34 programs may be made available notwithstanding section 726 of the International Security and Development Cooperation Act of 1981, none of the funds made available by this Act for the “Economic Support Fund” or for title III shall be obligated or expended for Chile.
Pub. L. 100-461, tit. V, sec. 547: chile—loans from multilateral development institutions | Justis AI