19 USC 3539 - Fund for WTO dispute settlements

U.S Code last checked for updates: Nov 22, 2024

§ 3539.

Fund for WTO dispute settlements

(a)

Establishment of fund

(b)

Authority of USTR to pay settlements

Amounts in the fund established under subsection (a) shall be available, as provided in appropriations Acts, only for the payment by the United States Trade Representative of the amount of the total or partial settlement of any dispute pursuant to proceedings under the auspices of the World Trade Organization, if—

(1)

in the case of a total or partial settlement in an amount of not more than $10,000,000, the Trade Representative certifies to the Secretary of the Treasury that the settlement is in the best interests of the United States; and

(2)

in the case of a total or partial settlement in an amount of more than $10,000,000, the Trade Representative certifies to the Congress that the settlement is in the best interests of the United States.

(c)

Appropriations

There are authorized to be appropriated to the fund established under subsection (a)—

(1)

$50,000,000; and

(2)

amounts equivalent to amounts recovered by the United States pursuant to the settlement of disputes pursuant to proceedings under the auspices of the World Trade Organization.

Amounts appropriated to the fund are authorized to remain available until expended.

(d)

Management of fund

(Pub. L. 107–210, div. E, title L, § 5201, Aug. 6, 2002, 116 Stat. 1047.)

cite as: 19 USC 3539