Sec. 109. European Bank for Reconstruction and Development
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The Congress finds the following: Article 1 of the Agreement Establishing the European Bank for Reconstruction and Development
(EBRD)states that the EBRD should support investments in countries that are committed to and applying the principles of multiparty democracy, pluralism, and market economics, and the EBRD has recognized that Russian progress in the application of these principles … has been uneven . Russia received 21 percent of the investments made by the EBRD in 2013, which is more than any other country received from the EBRD in that year, and has received an inordinate ratio of investment from the EBRD since the 2006 Capital Resources Review. It is the sense of the Congress that the European Bank for Reconstruction and Development
(EBRD)should increase investments in Ukraine and cease new investments in the Russian Federation, and the United States Government should press the EBRD to support new investment in Ukraine and halt consideration of new investment in Russia.