Act of July 10, 1954, ch. 469, tit. IV, sec. 414 (as amended)

ASSISTANCE IN FURTHERANCE OF NARCOTICS CONTROL OBJECTIVES OF THE UNITED STATES.

Last amended: 1961Year: 2018Length: 168 wordsOfficial source
SEC. 414. [7 U.S.C. 1736g–1] ASSISTANCE IN FURTHERANCE OF NARCOTICS CONTROL OBJECTIVES OF THE UNITED STATES. (a) Substantial Injury.—Local currencies that are made available for use under this Act may not be used to finance the production for export of agricultural commodities (or products thereof) that would compete in the world market with similar agricultural commodities (or products thereof) produced in the United States, if such competition would cause substantial injury to the United States producers, as determined by the President. (b) Exception for Narcotics Control.—Notwithstanding subsection (a), the President may provide assistance under this Act, including assistance through the use of local currencies generated by the sale of commodities under such Act, for economic development activities undertaken in an eligible country that is a major illicit drug producing country (as defined in section 481(i)(2) of the Foreign Assistance Act of 1961), for the purpose of reducing the dependence of the economy of such country on the production of crops from which narcotic and psychotropic drugs are derived.
Cross-references to the US Code
7 U.S.C. 1736g–1
Public laws referenced
102-583
Act of July 10, 1954, ch. 469, tit. IV, sec. 414 (as amended): ASSISTANCE IN FURTHERANCE OF NARCOTICS CONTROL OBJECTIVES OF THE UNITED STATES. | Justis AI