Volume 69
Public Law 84–387
To reemphasize trade development as the primary purpose of title I of the Agricultural Trade Development and Assistance Act of 1954.
Approved August 12, 1955
Statutory text
AN ACT
To reemphasize trade development as the primary purpose of title I of the Agricultural Trade Development and Assistance Act of 1954.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
That section 103 (b)
Agricultural trade development.
of the Agricultural Trade Development and Assistance Act of 1954 is amended by striking out “$700,000,000” and inserting in lieu thereof “$1,500,000,000. This limitation shall not lie apportioned by year or by country, but shall be considered as tin objective as well as a limitation, to be reached as rapidly as possible so long as the purposes of this Act can lie achieved within the safeguards established.”
Sec. 2.
Section 106 of such Act is amended by adding the following:
“The Secretary of Agriculture is also authorized to determine the nations with whom agreements shall be negotiated, and to determine the commodities and quantities thereof which may be included in the negotiations with each country after advising with other agencies of Government affected and within broad policies laid down by the President for implementing this Act.”
Approved August 12, 1955.