Sec. 5129. United States policy on Burma at the international financial institutions
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It is the policy of the United States that it will not recognize or deal with the State Administration Council, or any successor entity controlled by the military, as the government of Burma for the purpose of the provision of assistance from the international financial institutions. In subsection (a), the term international financial institution means the International Monetary Fund, the International Bank for Reconstruction and Development, the International Development Association, the International Finance Corporation, the Multilateral Investment Guarantee Agency, and the Asian Development Bank.
Title XVI of the International Financial Institutions Act (22 U.S.C. 262p-262p-13) is amended by adding at the end the following: The Secretary of Treasury shall instruct the United States Executive Director at each international financial institution to notify the respective institution that the provision of any assistance to Burma through the State Administration Council, or any successor entity controlled by the military, except for humanitarian assistance channeled through an independent implementing agency, such as the United Nations Office for Project Services (UNOPS), that would be responsible for financial management, procurement of goods and services, and control of the flow of funds from the international financial institution, would be cause for a serious review of future United States participation in the institution.
In subsection (a), the term international financial institution means the International Monetary Fund, the International Bank for Reconstruction and Development, the International Development Association, the International Finance Corporation, the Multilateral Investment Guarantee Agency, and the Asian Development Bank. .
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- 22 USC 262p-262p
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Sec. 5129
United States policy on Burma at the international financial institutions
Cite22 USC 262p-262p
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