Title 22 — Foreign Relations and IntercourseRelease 119-73not60
§3405 Contributions by Other Countries to Support Peace in the Middle East
Title 22 › Chapter 49— SUPPORT OF PEACE TREATY BETWEEN EGYPT AND ISRAEL › Subchapter I— POLITICAL, ECONOMIC, AND TECHNOLOGICAL SUPPORT › § 3405
Summary
Congress asks the President to talk with other countries to help set up a peace development fund to pay for carrying out the Egypt–Israel peace treaty. The President should also work to encourage investment in Israel, Egypt, and other nearby countries if they join peace agreements.
Full Legal Text
Title 22, §3405
Foreign Relations and Intercourse — Source: USLM XML via OLRC
(a)It is the sense of the Congress that other countries should give favorable consideration to providing support for the implementation of the peace treaty between Egypt and Israel. Therefore, the Congress requests that the President consult with other countries in order to (1) promote and develop an agreement for the establishment of a peace development fund whose purpose would be to underwrite the costs of implementing a Middle East peace, and (2) encourage investments in Israel and Egypt and other countries in the region should they join in Middle East peace agreements.
(b)
Legislative History
Notes & Related Subsidiaries
Editorial Notes
Amendments
1981—Subsec. (b). Pub. L. 97–113 struck out subsec. (b) which required a Presidential report to Congress no later than Jan. 31, 1980, on United States efforts to encourage aid to Egypt and Israel.
Reference
Citations & Metadata
Citation
22 U.S.C. § 3405
Title 22 — Foreign Relations and Intercourse
Last Updated
Apr 5, 2026
Release point: 119-73not60