What US Food for Peace Act (Agricultural Trade Development and Assistance Act of 1954, 7 USC ch 41): International Food Aid requires
The Agricultural Trade Development and Assistance Act of 1954, known as the Food for Peace Act (7 U.S.C. ch. 41, sections 1691 onward, originally Public Law 480), is the principal United States international food aid statute, administered jointly by the Secretary of Agriculture and the Administrator of the United States Agency for International Development under authority delegated by the President. Section 1691 declares the policy of using the abundant agricultural productivity of the United States to combat hunger and malnutrition, to promote broad-based economic and agricultural development in developing countries, and to expand international trade and foster private enterprise. Title I (section 1701 onward) authorizes economic assistance and food security through the financing of sales of agricultural commodities to developing countries and private entities; section 1702 governs agreements with eligible countries and private entities, and section 1703 sets terms and conditions of sales, allowing repayment over a period of not more than 30 years with a grace period on principal and interest not in excess of 5 years, while section 1704 governs the use of local currency payments. Title II (section 1721 onward) authorizes the donation of agricultural commodities for emergency and non-emergency assistance through government-to-government agreements and private voluntary organizations and cooperatives. The Act is the legal foundation of United States food aid and the Food for Peace program.
Pillar: Agriculture & Agritech · Authority: US Congress / Department of Agriculture and US Agency for International Development · Version: 1.0.0 · Last updated:
Primary source: https://www.govinfo.gov/content/pkg/USCODE-2022-title7/html/USCODE-2022-title7-chap41.htm
SHA-256 integrity: 28b419bd5cd5981d83447cd8ecd79d08eabd1c854dd64edb97c8c9945d1aaea3
Primary Citations — 8 traced to source
- Food for Peace Act, 7 U.S.C. 1691 - United States policy to use agricultural abundance to combat hunger and malnutrition and promote development and trade.
- Food for Peace Act, 7 U.S.C. 1691a - food aid to developing countries.
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