22 USC 262p-15 - United States policy on Burma at the International Monetary Fund, the World Bank Group, and the Asian Development Bank

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

§ 262p–15.

United States policy on Burma at the International Monetary Fund, the World Bank Group, and the Asian Development Bank

(a)

Policy of the United States

(b)

Submission of written statements

(c)

Waiver

The President of the United States may waive the application of subsection (a) on a case-by-case basis upon certifying to the Committee on Financial Services of the House of Representatives and the Committee on Foreign Relations of the Senate that the waiver—

(1)

substantially promotes the objective of delivering humanitarian assistance to the civilian population of Burma, including a detailed explanation as to the need for such a waiver, the nature of the humanitarian assistance, the mechanisms through which such assistance will be delivered, and the oversight safeguards that will accompany such assistance; or

(2)

is otherwise in the national interest of the United States, with a detailed explanation of the reasons therefor.

(d)

World Bank Group defined

(Pub. L. 95–118, title XVI, § 1631, as added Pub. L. 117–81, div. F, title LXI, § 6104(b), Dec. 27, 2021, 135 Stat. 2385.)

cite as: 22 USC 262p-15