§ 262p–4p. Encouragement of fair labor practices

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The Secretary of the Treasury shall direct the United States Executive Directors of the international financial institutions (as defined in section 262r(c)(2) of this title ) to use the voice and vote of the United States to urge the respective institution— to adopt policies to encourage borrowing countries to guarantee internationally recognized worker rights (within the meaning of section 2467(4) of title 19 ) and to include the status of such rights as an integral part of the institution’s policy dialogue with each borrowing country; in developing the policies referred to in paragraph (1), to use the relevant conventions of the International Labor Organization, which have set forth, among other things, the right of association, the right to organize and bargain collectively, a prohibition on the use of any form of forced or compulsory labor, and certain minimum labor standards that take into account differences in development levels among nations including a minimum age for the employment of children, acceptable conditions of work with respect to minimum wages, hours of work, and occupational safety and health; and to establish formal procedures to screen projects and programs funded by the institution for any negative impact in a borrowing country on the rights referred to in paragraph (1).

The Secretary of the Treasury shall submit to the Committee on Banking, Finance and Urban Affairs of the House of Representatives and the Committee on Foreign Relations of the Senate by the end of each fiscal year a report on the extent to which each borrowing country guarantees internationally recognized worker rights to its labor force and on progress toward achieving each of the goals described in subsection (a). ( Pub. L. 95–118, title XVI, § 1621 , as added Pub. L. 103–306, title V, § 526(e) , Aug. 23, 1994 , 108 Stat. 1634 ; amended Pub. L. 104–188, title I, § 1954(b)(4) , Aug. 20, 1996 , 110 Stat. 1928 .)

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Public Law 104–188
To provide tax relief for small businesses, to protect jobs, to create opportunities, to increase the take home pay of workers, to amend the Portal-to-Portal Act of 1947 relating to the payment of wages to employees who use employer owned vehicles, and to amend the Fair Labor Standards Act of 1938 t

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Pub. L. 95-118
Pub. L. 103-306
108 Stat. 1634
Pub. L. 104-188
110 Stat. 1928
Pub. L. 104-14

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§ 262p–4p

Encouragement of fair labor practices

Stat.×1

Pub. L.Pub. L. 95-118

Pub. L.Pub. L. 103-306

Stat.108 Stat. 1634

Pub. L.Pub. L. 104-188

Stat.110 Stat. 1928

Cites 6 · showing 5Cited by 1 across 1 source