Title 22 › Chapter CHAPTER 32— - FOREIGN ASSISTANCE › Subchapter SUBCHAPTER III–A— - ENTERPRISE FOR THE AMERICAS INITIATIVE › § 2430g
The Secretary of State can make an Americas Framework Agreement with an eligible country to set up and run an Americas Fund. The Secretary must consult the Enterprise for the Americas Board when making the agreement. The agreement must make the country create the Fund, put required interest payments into it, move money quickly to the Fund’s administrator, try to keep the Fund’s local currency value stable in U.S. dollar terms when needed, say what the money can be used for, and include fair enforcement rules. Each Fund is run by a group formed under that country’s laws. The group must include U.S. appointees, country appointees, and people from local environmental, child survival/development, community development, and academic organizations. The group reviews and awards grants under agreed priorities, manages the program, has an annual independent audit, lets the U.S. Government Accountability Office see its books, and gives yearly plans and reports to the Enterprise Board and the country. Grants must support linking conservation and sustainable use with local development and child survival/development. Grants go to local NGOs and similar local or regional groups, and only in rare cases to the government. Any grant over $100,000 may be vetoed by either the U.S. or the country. If a country loses eligibility, only NGOs may receive grants until the President restores eligibility.
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Foreign Relations and Intercourse — Source: USLM XML via OLRC
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22 U.S.C. § 2430g
Title 22 — Foreign Relations and Intercourse
Last Updated
Apr 6, 2026
Release point: 119-73