
From the U.S. Code Online via GPO Access
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[Laws in effect as of January 2, 2001]
[Document not affected by Public Laws enacted between
  January 2, 2001 and January 28, 2002]
[CITE: 7USC5624]

 
                          TITLE 7--AGRICULTURE
 
                      CHAPTER 87--EXPORT PROMOTION
 
               SUBCHAPTER II--AGRICULTURAL EXPORT PROGRAMS
 
                            Part A--Programs
 
Sec. 5624. Barter of agricultural commodities


(a) In general

    The Secretary or the Commodity Credit Corporation may provide 
eligible commodities in barter for foreign products under such terms and 
conditions as the Secretary or the Corporation shall prescribe.

(b) Eligible commodities

    Unless otherwise specified, eligible commodities shall include--
        (1) agricultural commodities acquired by the Commodity Credit 
    Corporation through price support operations; and
        (2) agricultural commodities acquired by the Secretary or the 
    Commodity Credit Corporation in the normal course of business and 
    available for disposition.

(c) Barter by exporters of agricultural commodities

                             (1) Purpose

        The Secretary or the Commodity Credit Corporation shall 
    encourage exporters of agricultural commodities to barter such 
    commodities for foreign products--
            (A) to acquire such foreign products needed by such 
        exporters; and
            (B) to develop, maintain, or expand foreign markets for 
        United States agricultural exports.

                       (2) Eligible activities

        The Secretary or the Commodity Credit Corporation may provide 
    eligible commodities to exporters to assist such exporters in barter 
    transactions.

                      (3) Technical assistance

        The Secretary or the Commodity Credit Corporation shall provide 
    technical advice and assistance relating to the barter of 
    agricultural commodities to any United States exporter who requests 
    such advice or assistance.

(d) Transfer of foreign products to other Government agencies

    The Secretary or the Commodity Credit Corporation may transfer any 
foreign products that the Secretary or such Corporation obtains through 
barter activities to other Government agencies if the Corporation 
receives assurances that it will receive full reimbursement from the 
agency within the same fiscal year in which such transfer occurs.

(e) Corporation authority not limited

    Nothing contained in this section shall limit the authority of the 
Commodity Credit Corporation to acquire, hold, or dispose of such 
foreign materials as such Corporation determines appropriate in carrying 
out the functions and protecting the assets of the Corporation.

(f) Prohibited activities

    The Secretary or the Commodity Credit Corporation shall take 
reasonable precautions to prevent the misuse of eligible commodities in 
a barter or exchange program, including activities that--
        (1) displace or interfere with commercial sales of United States 
    agricultural commodities that otherwise might be made;
        (2) unduly disrupt world prices of agricultural commodities or 
    the normal patterns of commercial trade with recipient countries; or
        (3) permit the resale or transshipment of eligible commodities 
    to countries other than the intended recipient country.

(Pub. L. 95-501, title II, Sec. 204, as added Pub. L. 101-624, title XV, 
Sec. 1531, Nov. 28, 1990, 104 Stat. 3676; amended Pub. L. 102-237, title 
III, Sec. 320, Dec. 13, 1991, 105 Stat. 1857.)


                               Amendments

    1991--Subsec. (d). Pub. L. 102-237 amended heading and substituted 
``Government'' for ``government'' in text.
