§1122b. Mobile trade fairs

(a) Use of United States flag vessels and aircraft insofar as practicable

The Secretary of Commerce shall encourage and promote the development and use of mobile trade fairs which are designed to show and sell the products of United States business and agriculture at foreign ports and at other commercial centers throughout the world where the operator or operators of the mobile trade fairs use insofar as practicable United States flag vessels and aircraft in the transportation of their exhibits.

(b) Technical and financial assistance; exceptions

The Secretary of Commerce is authorized to provide to the operator or operators of such mobile trade fairs technical assistance and support as well as financial assistance for the purpose of defraying certain expenses incurred abroad (other than the cost of transportation on foreign-flag vessels and aircraft), when the Secretary determines that such operations provide an economical and effective means of promoting export sales.

(c) Use of foreign currencies

In addition to any amounts appropriated to carry out trade promotion activities, the President may use foreign currencies owned by or owed to the United States to carry out this section.

(d) Report to Congress

The Secretary of Commerce shall submit annually to the Congress a report on his activities under this chapter.

(June 29, 1936, ch. 858, title II, §212(B), as added Pub. L. 87–839, §1, Oct. 18, 1962, 76 Stat. 1074 ; amended Pub. L. 89–66, July 7, 1965, 79 Stat. 211 ; Pub. L. 90–434, July 27, 1968, 82 Stat. 449 ; Pub. L. 100–418, title X, §10003(a), Aug. 23, 1988, 102 Stat. 1572 .)

Amendments

1988-Subsec. (c). Pub. L. 100–418 amended subsec. (c) generally. Prior to amendment, subsec. (c) read as follows: "There is authorized to be appropriated not to exceed $500,000 per fiscal year for each of the six fiscal years during the period beginning July 1, 1962, and ending June 30, 1968, and not to exceed $166,000 for the fiscal year ending June 30, 1969. In addition to such appropriated sums, the President shall make maximum use of foreign currencies owned by or owed to the United States to carry out the purposes of this section."

1968-Subsec. (a). Pub. L. 90–434 substituted "use insofar as practicable" for "exclusively use".

Subsec. (b). Pub. L. 90–434 inserted "(other than the cost of transportation on foreign-flag vessels and aircraft)," after "expenses incurred abroad".

Subsec. (c). Pub. L. 90–434 authorized appropriation of not to exceed $166,000 for the fiscal year ending June 30, 1969.

1965-Subsec. (c). Pub. L. 89–66 substituted "six" and "June 30, 1968" for "three" and "June 30, 1965", respectively.