Foreign Assistance Act

[AI summary unavailable — showing source text] Foreign Assistance Act - Expresses the findings of Congress with regard to restructuring our relationships with foreign countries. Authorizes appropriations for specified programs under the Foreign Assistance Act of 1961. Directs the Secretary of State to promote multilateral approaches to the development of foreign countries. Includes specified categories of personnel as participants in the Foreign Service Retirement and Disability System. Directs the President to establish a Development Coordination Committee to direct United States policies which affects interests in the development of low-income countries. Directs the President to establish the United States Export Development Credit Fund to extend credit for the sale of goods to low-income countries. Provides for the financing of such fund. Authorizes the President to provide postwar relief and reconstruction assistance to South Vietnam, Cambodia, and Laos.…