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Code · STATUTE-COMPILATIONS · promote the foreign policy, security, and general welfare of the United States by assisting peoples of the world in their efforts toward economic development and internal and external security, and fo · Sec. 640C

Sec. 640C. Shipping Differential

104 words·~1 min read·/statute-compilations/comps-1071/sec-640c

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## Sec. 640C Shipping Differential **[**[22 U.S.C. 2399d](/us/usc/t22/s2399d)**]** For the purposes of facilitating implementation of section 901(b) of the Merchant Marine Act, 1936 (46 U.S.C. 1241(b)), funds made available for the purposes of chapter 1 of part I or for purposes of chapter 4 of part II may be used to make grants to recipients to pay all or any portion of such differential as is determined by the Secretary of Commerce to exist between United States and foreign-flag vessel charter or freight rates. Grants made under this section shall be paid with United States-owned foreign currencies wherever feasible. ## chapter 3 Miscellaneous Provisions
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  • 46 USC 1241(b)
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Sec. 640C
Shipping Differential
U.S.C.§ 2399d
Cite46 USC 1241(b)
Cites 2Cited by 0 across 0 sources
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