Sec. 101. **[**[22 U.S.C. 262c](/us/usc/t22/s262c)**]**
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## Sec. 101 **[**[22 U.S.C. 262c](/us/usc/t22/s262c)**]** ###
(a)It is the sense of Congress that— ####
(1)for humanitarian, economic, and political reasons, it is in the national interest of the United States to assist in fostering economic development in the less developed countries of this world; ####
(2)the development-oriented international financial institutions have proved themselves capable of playing a significant role in assisting economic development by providing to less developed countries access to capital and technical assistance and soliciting from them maximum self-help and mutual cooperation; ####
(3)this has been achieved with minimal risk of financial loss to contributing countries; ####
(4)such institutions have proved to be an effective mechanism for sharing the burden among developed countries of stimulating economic development in the less developed world; and ####
(5)although continued United States participation in the international financial institutions is an important part of efforts by the United States to assist less developed countries, more of this burden should be shared by other developed countries. As a step in that direction, in future negotiations, the United States should work toward aggregate contributions to future replenishments to international financial institutions covered by this Act not to exceed 25 per centum. ###
(b)The Congress recognizes that economic development is a long-term process needing funding commitments to international financial institutions. It also notes that the availability of funds for the United States contribution to international financial institutions is subject to the appropriations process. # TITLE II INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT2 2Title II amended the Bretton Woods Agreements Act by adding section 27. # TITLE III INTERNATIONAL FINANCE CORPORATION3 3Title III amended the International Finance Corporation Act by adding section 11. # TITLE IV INTERNATIONAL DEVELOPMENT ASSOCIATION4 4Title IV amended the International Development Association Act by adding section 16. # TITLE V ASIAN DEVELOPMENT BANK AND ASIAN DEVELOPMENT FUND5 5Title V amended the Asian Development Bank Act by adding sections 22 and 23. # TITLE VI AFRICAN DEVELOPMENT FUND6 6Title VI amended the African Development Fund Act by adding section 212. # TITLE VII HUMAN RIGHTS
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Sec. 101
**[**[22 U.S.C. 262c](/us/usc/t22/s262c)**]**
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