The United States shall implement, beginning in fiscal year 1990, a concerted Program of Support for East European Democracy (which may also be referred to as the “SEED Program”). The SEED Program shall be comprised of diverse undertakings designed to provide cost-effective assistance to those countries of Eastern Europe that have taken substantive steps toward institutionalizing political democracy and economic pluralism.
United States leadership in supporting multilateral agreement to provide government-to-government loans for currency stabilization where such loans can reduce inflation and thereby foster conditions necessary for the effective implementation of economic reforms.
Participation in multilateral activities aimed at reducing and rescheduling a country’s international debt, when reduction and deferral of debt payments can assist the process of political and economic transition.
Assistance through the grant and concessional sale of food and other agricultural commodities and products when such assistance can ease critical shortages but not inhibit agricultural production and marketing in the recipient country.
Grants to support private, nonprofit “Enterprise Funds”, designated by the President pursuant to law and governed by a Board of Directors, which undertake loans, grants, equity investments, feasibility studies, technical assistance, training, and other forms of assistance to private enterprise activities in the Eastern European country for which the Enterprise Fund so is designated.
Technical assistance programs directed at promoting labor market reforms and facilitating economic adjustment.
Programs to provide technical skills to assist in the development of a market economy.
Eligibility for trade benefits under the Generalized System of Preferences.
Programs of the Overseas Private Investment Corporation.
Negotiation of bilateral investment treaties.
Exempting bonds from Internal Revenue Code [title 26] rules relating to below-market loans.
Contributions toward the establishment of reciprocal cultural centers that can facilitate educational and cultural exchange and expanded understanding of Western social democracy.
Establishment of sister institution programs between American and East European schools and universities, towns and cities, and other organizations in such fields as medicine and health care, business management, environmental protection, and agriculture.
Scholarships to enable students to study in the United States.
Grants for the implementation of bilateral agreements providing for cooperation in science and technology exchange.
Assistance designed to support the development of legal, legislative, electoral, journalistic, and other institutions of free, pluralist societies.
Environmental assistance directed at overcoming crucial deficiencies in air and water quality and other determinants of a healthful society.
Medical assistance specifically targeted to overcome severe deficiencies in pharmaceuticals and other basic health supplies.