A bill to amend the Foreign Assistance Act of 1961 to expand American exports by utilizing foreign currencies owned by the United States to pay foreign import duties on such exports, and for other purposes.

[AI summary unavailable — showing source text] Provides that foreign currencies owned by the United States may be used to pay foreign import duties on American exports under the Foreign Assistance Act. Sets forth the required provisions of any agreement entered into between the United States and a foreign country under this Act. (Amends 22 U.S.C. 2362)…