foreign donations programs - PDF, 101 mb - usaid

TITLE I
SALES FOR FOREIGN CURRENCY
Since the beginning of P.L. 480, 155 million tons
of American agricultural abundance have been sent
overseas in a worldwide effort to battle hunger and
malnutrition, promote economic development, and
build markets for U.S. farm products. About
two-thirds of this tonnage has been sold for local
currencies under provisions of title I of P.L. 480.
The development and implementation of title I agreements
is the concern of a number of executive departments
and agencies. These various offices are repre­
sented on the Interagency Staff Committee which is
under the chairmanship of the representative of the
Department of Agriculture. This committee considers
specific programs for foreign currency sales as well as
clearing other Public Law 480 programs.
Factors taken into account in developing a title I
agreement include: (1) the participating country's needs,
economic status, and foreign exchange position; (2) the
possible impact on dollar sales and other export programs;
(3) effect on export markets of other supplying
countries; and (4) the relationship of the program to the
foreign aid program and the foreign policy of the United
States.
Primary responsibility for the title I programming is
assigned by law and executive order to the individual
agencies as follows:
The Department of Agriculture is responsible for determining
the commodities which are available for programming
and the commodities and countries to be included
in agreements after advising with other government
agencies. It is also responsible for coordinating the
development of agreements, for implementing the sales
provisions of signed agreements, and for other aspects
of the program not specifically delegated to other
agencies.
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