Title 22 — Foreign Relations and Intercourse
Part A · Chapter 62 — International Financial Policy
§ 5323. Purposes
Statutory text
The purposes of this subchapter are—
to expand the world trading system and raise the level of exports from the United States to the developing countries in order to reduce the United States trade deficit and foster economic expansion and an increase in the standard of living throughout the world;
to alleviate the current international debt problem in order to make the debt situation of developing countries more manageable and permit the resumption of sustained growth in those countries; and
to increase the stability of the world financial system and ensure the safety and soundness of United States depository institutions.
Legislative history
Reconstructed from this section’s Code source credit and amendment notes, resolved against the local Statutes at Large. Editorial notes are evidence, not the law that made the change.
International Debt Management Act of 1988
Pub. L. 100–418 title III § 3103 · 102 Stat. 1107
Enacted · 22 U.S.C. § 5323
(Pub. L. 100–418, title III, § 3103, Aug. 23, 1988, 102 Stat. 1376.)
Source evidence
Code source credit
(Pub. L. 100–418, title III, § 3103, Aug. 23, 1988, 102 Stat. 1376.)Enacted provision · exact public law section
SEC. 3103. PURPOSES. The purposes of this subtitle are— (1) to expand the world trading system and raise the level of exports from the United States to the developing countries in order to reduce the United States trade deficit and foster economic expansion and an increase in the standard of living throughout the world; (2) to alleviate the current international debt problem in order to make the debt situation of developing countries more manageable and permit the resumption of sustained growth in those countries; and (3) to increase the stability of the world financial system and ensure the safety and soundness of United States depository institutions.
1 of 1 references resolved to an enrolled provision
Editorial Notes
References in Text
This subchapter, referred to in text, was in the original “this subtitle”, meaning subtitle B (§§ 3101–3123) of title III of Pub. L. 100–418, , 102 Stat. 1375, which is classified principally to this subchapter. For complete classification of subtitle B to the Code, see Tables.