[Congressional Bills 106th Congress] [From the U.S. Government Publishing Office] [S. 666 Introduced in Senate (IS)] 106th CONGRESS 1st Session S. 666 To authorize a new trade and investment policy for sub-Saharan Africa. _______________________________________________________________________ IN THE SENATE OF THE UNITED STATES March 18, 1999 Mr. Lugar (for himself, Mr. Gramm, Mr. McCain, Mr. DeWine, Mr. Hagel, Mr. Grams, Mr. Jeffords, Ms. Landrieu, and Mr. Lieberman) introduced the following bill; which was read twice and referred to the Committee on Finance _______________________________________________________________________ A BILL To authorize a new trade and investment policy for sub-Saharan Africa. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE; TABLE OF CONTENTS. (a) Short Title.--This Act may be cited as the ``African Growth and Opportunity Act''. (b) Table of Contents.-- Sec. 1. Short title; table of contents. Sec. 2. Findings. Sec. 3. Statement of policy. Sec. 4. Eligibility requirements. Sec. 5. Sub-Saharan Africa defined. TITLE I--TRADE POLICY FOR SUB-SAHARAN AFRICA Sec. 101. United States-Sub-Saharan Africa Trade and Economic Cooperation Forum. Sec. 102. United States-Sub-Saharan Africa Free Trade Area. Sec. 103. Eliminating trade barriers and encouraging exports. Sec. 104. Generalized system of preferences. Sec. 105. Assistant United States trade representative for Sub-Saharan Africa. Sec. 106. Reporting requirement. TITLE II--INTERNATIONAL FINANCIAL AND FOREIGN RELATIONS POLICY FOR SUB- SAHARAN AFRICA Sec. 201. International financial institutions and debt reduction. Sec. 202. Executive branch initiatives. Sec. 203. Sub-Saharan Africa Infrastructure Fund. Sec. 204. Overseas Private Investment Corporation and Export-Import Bank initiatives. Sec. 205. Expansion of the United States and foreign commercial service in Sub-Saharan Africa. Sec. 206. Donation of air traffic control equipment to eligible Sub- Saharan African countries. SEC. 2. FINDINGS. The Congress finds that it is in the mutual economic interest of the United States and sub-Saharan Africa to promote stable and sustainable economic growth and development in sub-Saharan Africa and that sustained economic growth in sub-Saharan Africa depends in large measure upon the development of a receptive environment for trade and investment. To that end, the United States seeks to facilitate market- led economic growth in, and thereby the social and economic development of, the countries of sub-Saharan Africa. In particular, the United States seeks to assist sub-Saharan African countries, and the private sector in those countries, to achieve economic self-reliance by-- (1) strengthening and expanding the private sector in sub- Saharan Africa, especially women-owned businesses; (2) encouraging increased trade and investment between the United States and sub-Saharan Africa; (3) reducing tariff and nontariff barriers and other trade obstacles; (4) expanding United States assistance to sub-Saharan Africa's regional integration efforts; (5) negotiating free trade areas; (6) establishing a United States-Sub-Saharan Africa Trade and Investment Partnership; (7) focusing on countries committed to accountable government, economic reform, and the eradication of poverty; (8) establishing a United States-Sub-Saharan Africa Economic Cooperation Forum; and (9) continuing to support development assistance for those countries in sub-Saharan Africa attempting to build civil societies. SEC. 3. STATEMENT OF POLICY. The Congress supports economic self-reliance for sub-Saharan African countries, particularly those committed to-- (1) economic and political reform; (2) market incentives and private sector growth; (3) the eradication of poverty; and (4) the importance of women to economic growth and development. SEC. 4. ELIGIBILITY REQUIREMENTS. (a) In General.--A sub-Saharan African country shall be eligible to participate in programs, projects, or activities, or receive assistance or other benefits under this Act if the President determines that the country does not engage in gross violations of internationally recognized human rights and has established, or is making continual progress toward establishing, a market-based economy, such as the establishment and enforcement of appropriate policies relating to-- (1) promoting free movement of goods and services between the United States and sub-Saharan Africa and among countries in sub-Saharan Africa; (2) promoting the expansion of the production base and the transformation of commodities and nontraditional products for exports through joint venture projects between African and foreign investors; (3) trade issues, such as protection of intellectual property rights, improvements in standards, testing, labeling and certification, and government procurement; (4) the protection of property rights, such as protection against expropriation and a functioning and fair judicial system; (5) appropriate fiscal systems, such as reducing high import and corporate taxes, controlling government consumption, participation in bilateral investment treaties, and the harmonization of such treaties to avoid double taxation; (6) foreign investment issues, such as the provision of national treatment for foreign investors, removing restrictions on investment, and other measures to create an environment conducive to domestic and foreign investment; (7) supporting the growth of regional markets within a free trade area framework; (8) governance issues, such as eliminating government corruption, minimizing government intervention in the market such as price controls and subsidies, and streamlining the business license process; (9) supporting the growth of the private sector, in particular by promoting the emergence of a new generation of African entrepreneurs; (10) encouraging the private ownership of government- controlled economic enterprises through divestiture programs; and (11) observing the rule of law, including equal protection under the law and the right to due process and a fair trial. (b) Additional Factors.--In determining whether a sub-Saharan African country is eligible under subsection (a), the President shall take into account the following factors: (1) An expression by such country of its desire to be an eligible country under subsection (a). (2) The extent to which such country has made substantial progress toward-- (A) reducing tariff levels; (B) binding its tariffs in the World Trade Organization and assuming meaningful binding obligations in other sectors of trade; and (C) eliminating nontariff barriers to trade. (3) Whether such country, if not already a member of the World Trade Organization, is actively pursuing membership in that Organization. (4) Where applicable, the extent to which such country is in material compliance with its obligations to the International Monetary Fund and other international financial institutions. (5) The extent to which such country has a recognizable commitment to reducing poverty, increasing the availability of health care and educational opportunities, the expansion of physical infrastructure in a manner designed to maximize accessibility, increased access to market and credit facilities for small farmers and producers, and improved economic opportunities for women as entrepreneurs and employees, and promoting and enabling the formation of capital to support the establishment and operation of micro-enterprises. (6) Whether or not such country engages in activities that undermine United States national security or foreign policy interests. (c) Continuing Compliance.-- (1) Monitoring and review of certain countries.--The President shall monitor and review the progress of sub-Saharan African countries in order to determine their current or potential eligibility under subsection (a). Such determinations shall be based on quantitative factors to the fullest extent possible and shall be included in the annual report required by section 106. (2) Ineligibility of certain countries.--A sub-Saharan African country described in paragraph (1) that has not made continual progress in meeting the requirements with which it is not in compliance shall be ineligible to participate in programs, projects, or activities, or receive assistance or other benefits, under this Act. SEC. 5. SUB-SAHARAN AFRICA DEFINED. For purposes of this Act, the terms ``sub-Saharan Africa'', ``sub- Saharan African country'', ``country in sub-Saharan Africa'', and ``countries in sub-Saharan Africa'' refer to the following or any successor political entities: Republic of Angola (Angola) Republic of Botswana (Botswana) Republic of Burundi (Burundi) Republic of Cape Verde (Cape Verde) Republic of Chad (Chad) Democratic Republic of Congo Republic of the Congo (Congo) Republic of Djibouti (Djibouti) State of Eritrea (Eritrea) Gabonese Republic (Gabon) Republic of Ghana (Ghana) Republic of Guinea-Bissau (Guinea-Bissau) Kingdom of Lesotho (Lesotho) Republic of Madagascar (Madagascar) Republic of Mali (Mali) Republic of Mauritius (Mauritius) Republic of Namibia (Namibia) Federal Republic of Nigeria (Nigeria) Democratic Republic of Sao Tome and Principe (Sao Tome and Principe) Republic of Sierra Leone (Sierra Leone) Somalia Kingdom of Swaziland (Swaziland) Republic of Togo (Togo) Republic of Zimbabwe (Zimbabwe) Republic of Benin (Benin) Burkina Faso (Burkina) Republic of Cameroon (Cameroon) Central African Republic Federal Islamic Republic of the Comoros (Comoros) Republic of Cote d'Ivoire (Cote d'Ivoire) Republic of Equatorial Guinea (Equatorial Guinea) Ethiopia Republic of the Gambia (Gambia) Republic of Guinea (Guinea) Republic of Kenya (Kenya) Republic of Liberia (Liberia) Republic of Malawi (Malawi) Islamic Republic of Mauritania (Mauritania) Republic of Mozambique (Mozambique) Republic of Niger (Niger) Republic of Rwanda (Rwanda) Republic of Senegal (Senegal) Republic of Seychelles (Seychelles) Republic of South Africa (South Africa) Republic of Sudan (Sudan) United Republic of Tanzania (Tanzania) Republic of Uganda (Uganda) Republic of Zambia (Zambia) TITLE I--TRADE POLICY FOR SUB-SAHARAN AFRICA SEC. 101. UNITED STATES-SUB-SAHARAN AFRICA TRADE AND ECONOMIC COOPERATION FORUM. (a) Declaration of Policy.--The President shall convene annual high-level meetings between appropriate officials of the United States Government and officials of the governments of sub-Saharan African countries in order to foster close economic ties between the United States and sub-Saharan Africa. (b) Establishment.--Not later than 12 months after the date of the enactment of this Act, the President, after consulting with Congress and the governments concerned, shall establish a United States-Sub- Saharan Africa Trade and Economic Cooperation Forum (in this section referred to as the ``Forum''). (c) Requirements.--In creating the Forum, the President shall meet the following requirements: (1) The President shall direct the Secretary of Commerce, the Secretary of the Treasury, the Secretary of State, and the United States Trade Representative to host the first annual meeting with the counterparts of such Secretaries from the governments of sub-Saharan African countries eligible under section 4, the Secretary General of the Organization of African Unity, and government officials from other appropriate countries in Africa, to discuss expanding trade and investment relations between the United States and sub-Saharan Africa and the implementation of this Act including encouraging joint ventures between small and large businesses. (2)(A) The President, in consultation with the Congress, shall encourage United States nongovernmental organizations to host annual meetings with nongovernmental organizations from sub-Saharan Africa in conjunction with the annual meetings of the Forum for the purpose of discussing the issues described in paragraph (1). (B) The President, in consultation with the Congress, shall encourage United States representatives of the private sector to host annual meetings with representatives of the private sector from sub-Saharan Africa in conjunction with the annual meetings of the Forum for the purpose of discussing the issues described in paragraph (1). (3) The President shall, to the extent practicable, meet with the heads of governments of sub-Saharan African countries eligible under section 4 not less than once every two years for the purpose of discussing the issues described in paragraph (1). The first such meeting should take place not later than twelve months after the date of the enactment of this Act. (d) Dissemination of Information by USIA.--In order to assist in carrying out the purposes of the Forum, the United States Information Agency shall disseminate regularly, through multiple media, economic information in support of the free market economic reforms described in this Act. (e) Authorization of Appropriations.--There are authorized to be appropriated such sums as may be necessary to carry out this section. (f) Limitation on Use of Funds.--None of the funds authorized under this section may be used to create or support any nongovernmental organization for the purpose of expanding or facilitating trade between the United States and sub-Saharan Africa. SEC. 102. UNITED STATES-SUB-SAHARAN AFRICA FREE TRADE AREA. (a) Declaration of Policy.--The Congress declares that a United States-Sub-Saharan Africa Free Trade Area should be established, or free trade agreements should be entered into, in order to serve as the catalyst for increasing trade between the United States and sub-Saharan Africa and increasing private sector development in sub-Saharan Africa. (b) Plan Requirement.-- (1) In general.--The President, taking into account the provisions of the treaty establishing the African Economic Community and the willingness of the governments of sub-Saharan African countries to engage in negotiations to enter into free trade agreements, shall develop a plan for the purpose of entering into one or more trade agreements with sub-Saharan African countries eligible under section 4 in order to establish a United States-Sub-Saharan Africa Free Trade Area (in this section referred to as the ``Free Trade Area''). (2) Elements of plan.--The plan shall include the following: (A) The specific objectives of the United States with respect to the establishment of the Free Trade Area and a suggested timetable for achieving those objectives. (B) The benefits to both the United States and sub- Saharan Africa with respect to the Free Trade Area. (C) A mutually agreed-upon timetable for establishing the Free Trade Area. (D) The implications for and the role of regional and sub-regional organizations in sub-Saharan Africa with respect to the Free Trade Area. (E) Subject matter anticipated to be covered by the agreement for establishing the Free Trade Area and United States laws, programs, and policies, as well as the laws of participating eligible African countries and existing bilateral and multilateral and economic cooperation and trade agreements, that may be affected by the agreement or agreements. (F) Procedures to ensure the following: (i) Adequate consultation with the Congress and the private sector during the negotiation of the agreement or agreements for establishing the Free Trade Area. (ii) Consultation with the Congress regarding all matters relating to implementation of the agreement or agreements. (iii) Approval by the Congress of the agreement or agreements. (iv) Adequate consultations with the relevant African governments and African regional and subregional intergovernmental organizations during the negotiations of the agreement or agreements. (c) Reporting Requirement.--Not later than 12 months after the date of the enactment of this Act, the President shall prepare and transmit to the Congress a report containing the plan developed pursuant to subsection (b). SEC. 103. ELIMINATING TRADE BARRIERS AND ENCOURAGING EXPORTS. (a) Findings.--The Congress makes the following findings: (1) The lack of competitiveness of sub-Saharan Africa in the global market, especially in the manufacturing sector, make it a limited threat to market disruption and no threat to United States jobs. (2) Annual textile and apparel exports to the United States from sub-Saharan Africa represent less than 1 percent of all textile and apparel exports to the United States, which totaled $54,001,863,000 in 1997. (3) Sub-Saharan Africa has limited textile manufacturing capacity. During 1999 and the succeeding 4 years, this limited capacity to manufacture textiles and apparel is projected to grow at a modest rate. Given this limited capacity to export textiles and apparel, it will be very difficult for these exports from sub-Saharan Africa, during 1999 and the succeeding 9 years, to exceed 3 percent annually of total imports of textile and apparel to the United States. If these exports from sub-Saharan Africa remain around 3 percent of total imports, they will not represent a threat to United States workers, consumers, or manufacturers. (b) Sense of the Congress.--It is the sense of the Congress that-- (1) it would be to the mutual benefit of the countries in sub-Saharan Africa and the United States to ensure that the commitments of the World Trade Organization and associated agreements are faithfully implemented in each of the member countries, so as to lay the groundwork for sustained growth in textile and apparel exports and trade under agreed rules and disciplines; (2) reform of trade policies in sub-Saharan Africa with the objective of removing structural impediments to trade, consistent with obligations under the World Trade Organization, can assist the countries of the region in achieving greater and greater diversification of textile and apparel export commodities and products and export markets; and (3) the President should support textile and apparel trade reform in sub-Saharan Africa by, among other measures, providing technical assistance, sharing of information to expand basic knowledge of how to trade with the United States, and encouraging business-to-business contacts with the region. (c) Treatment of Quotas.-- (1) Kenya and mauritius.--Pursuant to the Agreement on Textiles and Clothing, the United States shall eliminate the existing quotas on textile and apparel exports to the United States-- (A) from Kenya within 30 days after that country adopts an efficient visa system to guard against unlawful transshipment of textile and apparel goods and the use of counterfeit documents; and (B) from Mauritius within 30 days after that country adopts such a visa system. The Customs Service shall provide the necessary technical assistance to Kenya and Mauritius in the development and implementation of those visa systems. (2) Other sub-saharan countries.--The President shall continue the existing no quota policy for countries in sub- Saharan Africa. The President shall submit to the Congress, not later than March 31 of each year, a report on the growth in textiles and apparel exports to the United States from countries in sub-Saharan Africa in order to protect United States consumers, workers, and textile manufacturers from economic injury on account of the no quota policy. (d) Customs Procedures and Enforcement.-- (1) Actions by countries against transshipment and circumvention.--The President should ensure that any country in sub-Saharan Africa that intends to export textile and apparel goods to the United States-- (A) has in place a functioning and effective visa system and domestic laws and enforcement procedures to guard against unlawful transshipment of textile and apparel goods and the use of counterfeit documents; and (B) will cooperate fully with the United States to address and take action necessary to prevent circumvention, as provided in Article 5 of the Agreement on Textiles and Clothing. (2) Penalties against exporters.--If the President determines, based on sufficient evidence, that an exporter has willfully falsified information regarding the country of origin, manufacture, processing, or assembly of a textile or apparel article for which duty-free treatment under section 503(a)(1)(C) of the Trade Act of 1974 is claimed, then the President shall deny to such exporter, and any successors of such exporter, for a period of 2 years, duty-free treatment under such section for textile and apparel articles. (3) Applicability of united states laws and procedures.-- All provisions of the laws, regulations, and procedures of the United States relating to the denial of entry of articles or penalties against individuals or entities for engaging in illegal transshipment, fraud, or other violations of the customs laws shall apply to imports from sub-Saharan countries. (4) Monitoring and reports to congress.--The Customs Service shall monitor and the Commissioner of Customs shall submit to the Congress, not later than March 31 of each year, a report on the effectiveness of the visa systems described in subsection (c)(1) and paragraph (1) of this subsection and on measures taken by countries in sub-Saharan Africa which export textiles or apparel to the United States to prevent circumvention as described in Article 5 of the Agreement on Textiles and Clothing. (e) Definition.--For purposes of this section, the term ``Agreement on Textiles and Clothing'' means the Agreement on Textiles and Clothing referred to in section 101(d)(4) of the Uruguay Round Agreements Act (19 U.S.C. 3511(d)(4)). SEC. 104. GENERALIZED SYSTEM OF PREFERENCES. (a) Preferential Tariff Treatment for Certain Articles.--Section 503(a)(1) of the Trade Act of 1974 (19 U.S.C. 2463(a)(1)) is amended-- (1) by redesignating subparagraph (C) as subparagraph (D); and (2) by inserting after subparagraph (B) the following: ``(C) Eligible countries in sub-saharan africa.-- The President may provide duty-free treatment for any article set forth in paragraph (1) of subsection (b) that is the growth, product, or manufacture of an eligible country in sub-Saharan Africa that is a beneficiary developing country, if, after receiving the advice of the International Trade Commission in accordance with subsection (e), the President determines that such article is not import-sensitive in the context of imports from eligible countries in sub- Saharan Africa. This subparagraph shall not affect the designation of eligible articles under subparagraph (B).''. (b) Rules of Origin.--Section 503(a)(2) of the Trade Act of 1974 (19 U.S.C. 2463(a)(2)) is amended by adding at the end the following: ``(C) Eligible countries in sub-saharan africa.-- For purposes of determining the percentage referred to in subparagraph (A) in the case of an article of an eligible country in sub-Saharan Africa that is a beneficiary developing country-- ``(i) if the cost or value of materials produced in the customs territory of the United States is included with respect to that article, an amount not to exceed 15 percent of the appraised value of the article at the time it is entered that is attributed to such United States cost or value may be applied toward determining the percentage referred to in subparagraph (A); and ``(ii) the cost or value of the materials included with respect to that article that are produced in any beneficiary developing country that is an eligible country in sub-Saharan Africa shall be applied in determining such percentage.''. (c) Waiver of Competitive Need Limitation.--Section 503(c)(2)(D) of the Trade Act of 1974 (19 U.S.C. 2463(c)(2)(D)) is amended to read as follows: ``(D) Least-developed beneficiary developing countries and eligible countries in sub-saharan africa.--Subparagraph (A) shall not apply to any least- developed beneficiary developing country or any eligible country in sub-Saharan Africa.''. (d) Extension of Program.--Section 505 of the Trade Act of 1974 (19 U.S.C. 2465) is amended to read as follows: ``SEC. 505. DATE OF TERMINATION. ``(a) Countries in Sub-Saharan Africa.--No duty-free treatment provided under this title shall remain in effect after June 30, 2009, with respect to beneficiary developing countries that are eligible countries in sub-Saharan Africa. ``(b) Other Countries.--No duty-free treatment provided under this title shall remain in effect after June 30, 1999, with respect to beneficiary developing countries other than those provided for in subsection (a).''. (e) Definition.--Section 507 of the Trade Act of 1974 (19 U.S.C. 2467) is amended by adding at the end the following: ``(6) Eligible country in sub-saharan africa.--The terms `eligible country in sub-Saharan Africa' and `eligible countries in sub-Saharan Africa' mean a country or countries that the President has determined to be eligible under section 4 of the African Growth and Opportunity Act.''. (f) Effective Date.--The amendments made by this section take effect on July 1, 1999. SEC. 105. ASSISTANT UNITED STATES TRADE REPRESENTATIVE FOR SUB-SAHARAN AFRICA. (a) Sense of Congress.--It is the sense of the Congress that the position of Assistant United States Trade Representative for African Affairs is integral to the United States commitment to increasing United States-sub-Saharan African trade and investment. (b) Maintenance of Position.--The President shall maintain a position of Assistant United States Trade Representative for African Affairs within the Office of the United States Trade Representative to direct and coordinate interagency activities on United States-Africa trade policy and investment matters and serve as-- (1) a primary point of contact in the executive branch for those persons engaged in trade between the United States and sub-Saharan Africa; and (2) the chief advisor to the United States Trade Representative on issues of trade with Africa. (c) Funding and Staff.--The President shall ensure that the Assistant United States Trade Representative for African Affairs has adequate funding and staff to carry out the duties described in subsection (b), subject to the availability of appropriations. SEC. 106. REPORTING REQUIREMENT. The President shall submit to the Congress, not later than 1 year after the date of the enactment of this Act, and not later than the end of each of the next 6 1-year periods thereafter, a comprehensive report on the trade and investment policy of the United States for sub-Saharan Africa, and on the implementation of this Act. The last report required by section 134(b) of the Uruguay Round Agreements Act (19 U.S.C. 3554(b)) shall be consolidated and submitted with the first report required by this section. TITLE II--INTERNATIONAL FINANCIAL AND FOREIGN RELATIONS POLICY FOR SUB- SAHARAN AFRICA SEC. 201. INTERNATIONAL FINANCIAL INSTITUTIONS AND DEBT REDUCTION. (a) Better Mechanisms To Further Goals for Sub-Saharan Africa.--It is the sense of the Congress that the Secretary of the Treasury should instruct the United States Executive Directors of the International Bank for Reconstruction and Development, the International Monetary Fund, and the African Development Bank to use the voice and votes of the Executive Directors to encourage vigorously their respective institutions to develop enhanced mechanisms which further the following goals in eligible countries in sub-Saharan Africa: (1) Strengthening and expanding the private sector, especially among women-owned businesses. (2) Reducing tariffs, nontariff barriers, and other trade obstacles, and increasing economic integration. (3) Supporting countries committed to accountable government, economic reform, the eradication of poverty, and the building of civil societies. (4) Supporting deep debt reduction at the earliest possible date with the greatest amount of relief for eligible poorest countries under the ``Heavily Indebted Poor Countries'' (HIPC) debt initiative. (b) Sense of Congress.--It is the sense of the Congress that relief provided to countries in sub-Saharan Africa which qualify for the Heavily Indebted Poor Countries debt initiative should primarily be made through grants rather than through extended-term debt, and that interim relief or interim financing should be provided for eligible countries that establish a strong record of macroeconomic reform. SEC. 202. EXECUTIVE BRANCH INITIATIVES. (a) Statement of Congress.--The Congress recognizes that the stated policy of the executive branch in 1997, the ``Partnership for Growth and Opportunity in Africa'' initiative, is a step toward the establishment of a comprehensive trade and development policy for sub- Saharan Africa. It is the sense of the Congress that this Partnership is a companion to the policy goals set forth in this Act. (b) Technical Assistance To Promote Economic Reforms and Development.--In addition to continuing bilateral and multilateral economic and development assistance, the President shall target technical assistance toward-- (1) developing relationships between United States firms and firms in sub-Saharan Africa through a variety of business associations and networks; (2) providing assistance to the governments of sub-Saharan African countries to-- (A) liberalize trade and promote exports; (B) bring their legal regimes into compliance with the standards of the World Trade Organization in conjunction with membership in that Organization; (C) make financial and fiscal reforms; and (D) promote greater agribusiness linkages; (3) addressing such critical agricultural policy issues as market liberalization, agricultural export development, and agribusiness investment in processing and transporting agricultural commodities; (4) increasing the number of reverse trade missions to growth-oriented countries in sub-Saharan Africa; (5) increasing trade in services; and (6) encouraging greater sub-Saharan participation in future negotiations in the World Trade Organization on services and making further commitments in their schedules to the General Agreement on Trade in Services in order to encourage the removal of tariff and nontariff barriers. SEC. 203. SUB-SAHARAN AFRICA INFRASTRUCTURE FUND. (a) Initiation of Funds.--It is the sense of the Congress that the Overseas Private Investment Corporation should exercise the authorities it has to initiate an equity fund or equity funds in support of projects in the countries in sub-Saharan Africa, in addition to the existing equity fund for sub-Saharan Africa created by the Corporation. (b) Structure and Types of Funds.-- (1) Structure.--Each fund initiated under subsection (a) should be structured as a partnership managed by professional private sector fund managers and monitored on a continuing basis by the Corporation. (2) Capitalization.--Each fund should be capitalized with a combination of private equity capital, which is not guaranteed by the Corporation, and debt for which the Corporation provides guaranties. (3) Infrastructure fund.--One or more of the funds, with combined assets of up to $500,000,000, should be used in support of infrastructure projects in countries of sub-Saharan Africa. (4) Emphasis.--The Corporation shall ensure that the funds are used to provide support in particular to women entrepreneurs and to innovative investments that expand opportunities for women and maximize employment opportunities for poor individuals. SEC. 204. OVERSEAS PRIVATE INVESTMENT CORPORATION AND EXPORT-IMPORT BANK INITIATIVES. (a) Overseas Private Investment Corporation.-- (1) Advisory committee.--Section 233 of the Foreign Assistance Act of 1961 (22 U.S.C. 2193) is amended by adding at the end the following: ``(e) Advisory Committee.--The Board shall take prompt measures to increase the loan, guarantee, and insurance programs, and financial commitments, of the Corporation in sub-Saharan Africa, including through the use of an advisory committee to assist the Board in developing and implementing policies, programs, and financial instruments with respect to sub-Saharan Africa. In addition, the advisory committee shall make recommendations to the Board on how the Corporation can facilitate greater support by the United States for trade and investment with and in sub-Saharan Africa. The advisory committee shall terminate 4 years after the date of the enactment of this subsection.''. (2) Reports to the congress.--Within 6 months after the date of the enactment of this Act, and annually for each of the 4 years thereafter, the Board of Directors of the Overseas Private Investment Corporation shall submit to the Congress a report on the steps that the Board has taken to implement section 233(e) of the Foreign Assistance Act of 1961 (as added by paragraph (1)) and any recommendations of the advisory board established pursuant to such section. (b) Export-Import Bank.-- (1) Advisory committee for sub-saharan africa.--Section 2(b) of the Export-Import Bank Act of 1945 (12 U.S.C. 635(b)) is amended by inserting after paragraph (12) the following: ``(13)(A) The Board of Directors of the Bank shall take prompt measures, consistent with the credit standards otherwise required by law, to promote the expansion of the Bank's financial commitments in sub-Saharan Africa under the loan, guarantee, and insurance programs of the Bank. ``(B)(i) The Board of Directors shall establish and use an advisory committee to advise the Board of Directors on the development and implementation of policies and programs designed to support the expansion described in subparagraph (A). ``(ii) The advisory committee shall make recommendations to the Board of Directors on how the Bank can facilitate greater support by United States commercial banks for trade with sub-Saharan Africa. ``(iii) The advisory committee shall terminate 4 years after the date of the enactment of this subparagraph.''. (2) Reports to the congress.--Within 6 months after the date of the enactment of this Act, and annually for each of the 4 years thereafter, the Board of Directors of the Export-Import Bank of the United States shall submit to the Congress a report on the steps that the Board has taken to implement section 2(b)(13)(B) of the Export-Import Bank Act of 1945 (as added by paragraph (1)) and any recommendations of the advisory committee established pursuant to such section. SEC. 205. EXPANSION OF THE UNITED STATES AND FOREIGN COMMERCIAL SERVICE IN SUB-SAHARAN AFRICA. (a) Findings.--The Congress makes the following findings: (1) The United States and Foreign Commercial Service (hereafter in this section referred to as the ``Commercial Service'') plays an important role in helping United States businesses identify export opportunities and develop reliable sources of information on commercial prospects in foreign countries. (2) During the 1980s, the presence of the Commercial Service in sub-Saharan Africa consisted of 14 professionals providing services in eight countries. By early 1997, that presence had been reduced by half to seven, in only four countries. (3) Since 1997, the Department of Commerce has slowly begun to increase the presence of the Commercial Service in sub- Saharan Africa, adding five full-time officers to established posts. (4) Although the Commercial Service Officers in these countries have regional responsibilities, this kind of coverage does not adequately service the needs of United States businesses attempting to do business in sub-Saharan Africa. (5) The Congress has, on several occasions, encouraged the Commercial Service to focus its resources and efforts in countries or regions in Europe or Asia to promote greater United States export activity in those markets. (6) Because market information is not widely available in many sub-Saharan African countries, the presence of additional Commercial Service Officers and resources can play a significant role in assisting United States businesses in markets in those countries. (b) Appointments.--Subject to the availability of appropriations, by not later than December 31, 2000, the Secretary of Commerce, acting through the Assistant Secretary of Commerce and Director General of the United States and Foreign Commercial Service, shall take steps to ensure that-- (1) at least 20 full-time Commercial Service employees are stationed in sub-Saharan Africa; and (2) full-time Commercial Service employees are stationed in not less than ten different sub-Saharan African countries. (c) Commercial Service Initiative for Sub-Saharan Africa.--In order to encourage the export of United States goods and services to sub- Saharan African countries, the Commercial Service shall make a special effort to-- (1) identify United States goods and services which are not being exported to sub-Saharan African countries but which are being exported to those countries by competitor nations; (2) identify, where appropriate, trade barriers and noncompetitive actions, including violations of intellectual property rights, that are preventing or hindering sales of United States goods and services to, or the operation of United States companies in, sub-Saharan Africa; (3) present, periodically, a list of the goods and services identified under paragraph (1), and any trade barriers or noncompetitive actions identified under paragraph (2), to appropriate authorities in sub-Saharan African countries with a view to securing increased market access for United States exporters of goods and services; (4) facilitate the entrance by United States businesses into the markets identified under paragraphs (1) and (2); and (5) monitor and evaluate the results of efforts to increase the sales of goods and services in such markets. (d) Reports to Congress.--Not later than one year after the date of the enactment of this Act, and each year thereafter for five years, the Secretary of Commerce, in consultation with the Secretary of State, shall report to the Congress on actions taken to carry out subsections (b) and (c). Each report shall specify-- (1) in what countries full-time Commercial Service Officers are stationed, and the number of such officers placed in each such country; (2) the effectiveness of the presence of the additional Commercial Service Officers in increasing United States exports to sub-Saharan African countries; and (3) the specific actions taken by Commercial Service Officers, both in sub-Saharan African countries and in the United States, to carry out subsection (c), including identifying a list of targeted export sectors and countries. SEC. 206. DONATION OF AIR TRAFFIC CONTROL EQUIPMENT TO ELIGIBLE SUB- SAHARAN AFRICAN COUNTRIES. It is the sense of the Congress that, to the extent appropriate, the United States Government should make every effort to donate to governments of sub-Saharan African countries (determined to be eligible under section 4 of this Act) air traffic control equipment that is no longer in use, including appropriate related reimbursable technical assistance. <all>