§1705. Value-added foods
(a) Policy
Congress declares it to be the policy of the United States to assist developing countries that are or have been recipients of high protein, blended, or fortified foods under subchapter III of this chapter to continue to combat hunger and malnutrition among the lower income segments of the population of such countries, especially children, through the continued provision of such foods under this subchapter.
(b) Partial waiver of repayment
In implementing the policy declared in subsection (a) of this section, the Secretary, in entering into agreements for the sale of high protein, blended, or fortified foods under this subchapter with countries that-
(1) provide assurances that the benefits of any waiver granted under this subsection will be passed on to the individual recipients of such foods; and
(2) have a reasonable potential for transferring benefits of such waiver to commercial purchasers of such foods;
may make provisions for a waiver of payment of not to exceed an amount equal to the value of that part of the product that is attributable to the costs of processing, enrichment, or fortification of such product.
(c) Minimize impact
In implementing this section, the Secretary shall, to the extent practicable, minimize the impact of this section on other commercial and concessional sales of whole grains.
(July 10, 1954, ch. 469, title I, §105,
Amendments
1990-Pub. L. 101 624 amended section generally, substituting present provisions for provisions establishing a special account for foreign currencies, requiring departments using such funds to reimburse Commodity Credit Corporation, and requiring President to use such funds to reduce any deficit in United States balance of payments.
1985-Pub. L. 99 198 inserted reference to section 1708 of this title.
1966-Pub. L. 89 808 substituted "chapter and sections 1427 and 1431 of this title" for "subchapter" in two places.
1963-Pub. L. 88 205 required the President to utilize foreign currencies received pursuant to this subchapter in such manner as will, to the maximum extent possible, reduce any deficit in the balance of payments of the United States.
Effective Date of 1990 Amendment
Amendment by Pub. L. 101 624 effective Jan. 1, 1991, see section 1513 of Pub. L. 101 624, set out as a note under section 1691 of this title.
Effective Date of 1966 Amendment
Amendment by Pub. L. 89 808 effective Jan. 1, 1967, see section 5 of Pub. L. 89 808, set out as a note under section 1691 of this title.