Sec. 6. Multilateral assistance
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The Secretary of the Treasury shall instruct the United States executive director of each international financial institution to use the voice and vote of the United States to support a project in Burma only if the project— promotes accountability and transparency, including the collection, verification, and publication of beneficial ownership information related to extractive industries and on-site monitoring during the life of the project; is developed and carried out in accordance with best practices regarding— environmental conservation; the social and cultural protection and empowerment of local populations, particularly ethnic nationalities; and the extraction of resources, if applicable, including jade and rubies; does not promote the displacement of local populations without appropriate consultation, harm mitigation, and compensation; does not incentivize or facilitate the forced migration of indigenous communities; does not partner with or otherwise involve military-owned enterprises or state-owned enterprises associated with the military; and is in accordance with the social and environmental safeguards of the World Bank in effect on September 30, 2015, and applicable to loans, grants, policies, or strategies.
In this section, the term international financial institution means— each of the institutions specified in section 1701(c)(2) of the International Financial Institutions Act ( 22 U.S.C. 262r(c)(2) ); and the International Fund for Agricultural Development.
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Sec. 6
Multilateral assistance
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