to the importation, distribution, prices, and consumption of coffee as he may from time to time prescribe; and (4) to take such other action, and issue and enforce such rules and regulations, as he may consider necessary or appropriate in order to implement the obligations of the United States under the agreement. DEFINITION OF COFFEE Sec. 3. As used in this Act, the term "coffee" means coffee as defined in article 3 of the International Coffee Agreement 1983.1 DELEGATION OF PRESIDENTIAL POWERS AND DUTIES; PROTECTION OF INTERESTS OF UNITED STATES CONSUMERS; REMEDIAL ACTION Sec. 4. The President may exercise any powers and duties conferred on him by sections 2 through 5 of this Act through such agency or officer as he shall direct. The powers and duties conferred by section 2 through 5 of this Act shall be exercised in the manner the President considers appropriate to protect the interest of United States consumers. In the event the President determines that there has been an unwarranted increase in the price of coffee due in whole or in part to the International Coffee Agreement, or to market manipulation by two or more members of the International Coffee Organization, the President shall request the International Coffee Council or the Executive Board to increase supplies of coffee available to world markets by suspending coffee export quotas and to take any other appropriate action. At the same time he shall report his determination to the Congress. In the event the International Coffee Council has failed to take corrective action to remedy the situation within a reasonable time after such request the President shall submit to the Congress such recommendations as he may consider appropriate to correct the situation. In the event that members of the International Coffee Organization involved in market manipulation which has resulted in price increases have failed to remedy the situation within a reasonable time after a request for remedy, the exercise of the authority set forth in section 2 of this Act shall be suspended until the President determines that effective market manipulation activities have ceased. REPORT TO THE CONGRESS Sec. 5. The President shall submit to the Congress an annual report on the International Coffee Agreement 1983. Such report shall contain full information on the operation of such agreement, including full information with respect to the general level of prices of coffee and matters pertaining to the transportation of coffee from exporting countries to the United States. The report shall also include a summary of the actions the United States and the International Coffee Organization have taken to protect the interest of United States consumers. g. Executive Order 12297, March 12, 1981, 46 F.R. 16877 INTERNATIONAL COFFEE AGREEMENT 1976 By the authority vested in me as President by the International Coffee Agreement Act of 1980 (Public Law 96-599; 94 Stat. 3491) and Section 301 of Title 3 of the United States Code, and in order to carry out and enforce the International Coffee Agreement 1976, it is hereby ordered as follows: Section 1. The functions vested in the President by Public Law 96-599 (94 Stat. 3491) are delegated to the United States Trade Representative. Sec. 2. In carrying out the functions delegated to him, the United States Trade Representative shall consult with the Secretary of Agriculture and the Secretary of State. The United States Trade Representative may redelegate some or all of those functions to the head of another Executive agency with the consent of the head of such agency. (552) H. FINANCIAL INSTITUTIONS CONTENTS Page 1. Export-Import Bank. 553 c. Export-Import Bank Act Amendments of 1978 (Public Law 95-630) a. Export-Import Bank Act of 1945, as amended (Public Law 79-173).. 553 575 579 d. Negotiations on Official Export Financing (Public Law 97-35) (partial 582 e. Executive Order 12166 (Export-Import Bank) 2. Export Expansion a. Public Law 90-390 (Improving the U.S. Balance of Payments). b. Executive Order 11420 (Establishing the Export Expansion Advisory 3. Bretton Woods Agreements Act, as amended (Public Law 79-171) 583 584 584 586 588 617 620 6. Bretton Woods Agreements Act Amendments, 1978 (Public Law 95-435) (partial text). 621 7. Bretton Woods Agreements Act Amendments, 1980 (Public Law 96-389) (partial text). 623 8. Foreign Currency Reports (Public Law 93-110) (partial text).. 9. IMF Appropriation (Title XI of Public Law 98-181).. 625 627 10. Executive Order 11269, as amended (National Advisory Council on International Monetary and Financial Policies). 11. International Finance Corporation Act, as amended (Public Law 84-350) ... 12. Inter-American Development Bank Act, as amended (Public Law 86-147)... 13. Inter-American Investment Corporation Act (Title II of S. 2416, as introduced in the Senate on March 13, 1984 and enacted into law by Public Law 98-473). 14. International Development Association Act, as amended (Public Law 86- 15. Multilateral Development Bank Act of 1985 (H.R. 2253) (partial text)............ 18. African Development Bank Act (Public Law 97-35) (partial text). 629 632 636 648 651 657 659 668 673 677 684 687 23. Convention on the Settlement of Investment Disputes Act of 1966 (Public Law 89-532) 22. International Lending Supervision Act of 1983 (title IX of Public Law 98181).. 689 697 (553) 1. Export-Import Bank a. Export-Import Bank Act of 1945, as Amended Public Law 79–173 [H.R. 3771], 59 Stat. 526, approved July 31, 1945, as amended by Public Law 79–282 [H.R. 4683], 59 Stat. 666, approved December 28, 1945; Public Law 80-89 [S. 993], 61 Stat. 130, approved June 9, 1947; Public Law 82-158 [S. 2006], 65 Stat. 367, approved October 3, 1951; Public Law 83-30 [H.R. 4465], 67 Stat. 28 approved May 21, 1953; Public Law 83-570 [S. 3589], 68 Stat. 677, approved August 9, 1954; Public Law 83-779 [H.R. 9730], 68 Stat. 1237, approved September 3, 1954; Public Law 85-55 [H.R. 4136], 71 Stat. 82, approved June 17, 1957; Public Law 85-424 [S. 3149], 72 Stat. 133, approved May 22, 1958; Public Law 87-311 [S. 2325], 75 Stat. 673, approved September 26 1961; Public Law 88101 [H.R. 3872], 77 Stat. 128, approved August 20, 1963; Public Law 89-348 [S. 2150], 79 Stat. 1312, approved November 8, 1965; Public Law 90-267 [S. 1155], 82 Stat. 47, approved March 13, 1968; Public Law 92-126 [S. 581], 86 Stat. 345, approved August 17, 1971; Public Law 93-331 [S.J. Res 218], 88 Stat. 289, approved July 4, 1974; Public Law 93-374 [S.J. Res. 229], 88 Stat. 445, approved August 14, 1974; Public Law 93-425 [S.J. Res. 244], 88 Stat. 1166, approved September 30, 1974; Public Law 93-450 [S.J. Res. 251], 88 Stat. 1368, approved October 18, 1974; Public Law 93-646 [H.R. 15977], 88 Stat. 2333, approved January 4, 1975; Public Law 95-143 [H.R. 6415], 91 Stat. 1210, approved October 26, 1977; Public Law 95407 [H.J. Res. 1140], 92 Stat. 882, approved September 30 1978; Public Law 95630 [H.R. 14279], 92 Stat. 3641 at 3724, approved November 10, 1978; Public Law 96-470 [H.R. 6686], 94 Stat. 2237 at 2245, approved October 19, 1980; Public Law 97-35 (H.R. 3982], 95 Stat. 357 at 431, approved August 13, 1981; Public Law 98109 [H.J. Res. 366], 97 Stat. 745 at 746, approved October 1, 1983; Public Law 98143 [S.J. Res. 189], 97 Stat. 916, approved November 1, 1983; and by Public Law 98-181 [Supplemental Appropriations, 1984; H.R. 3959], 97 Stat. 1153 at 1255, approved November 30, 1983 AN ACT To provide for increasing the lending authority of the Export-Import Bank of Washington, and for other purposes. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, That this Act may be cited as the "Export-Import Bank Act of 1945." Sec. 2. (a)(1)1 There is hereby created a corporation with the name Export-Import Bank of the United States 2 which shall be an agency of the United States of America. The objects and purposes of the Bank shall be to aid in financing and to facilitate exports and imports and the exchange of commodities and services 3 between the United States or any of its territories or insular possessions and any foreign country or the agencies or nationals thereof. In connection with and in furtherance of its objects and purposes, the Bank is authorized and empowered to do a general banking business except that of circulation; to receive deposits; to purchase, discount, rediscount, sell, and negotiate, with or without its en 1 12 U.S.C. 635. Subsec. (a)(1) amended by Act of Dec. 28, 1945 (59 Stat. 666), and by act of June 9, 1947 (61 Stat. 130). Par. (2) was added by Public Law 92-126, 85 Stat. 346, approved Aug. 17, 1971. 2 The name of the Bank, "Export-Import Bank of Washington", was changed to "ExportImport Bank of the United States" by Public Law 90-267, 82 Stat. 47. 3 Sec. 616(a)(1) of the Export-Import Bank Act Amendments of 1983 (title VI of Public Law 98181; 97 Stat.1257) added the words "and services". |