22 U.S.C. § 10008

Current through P.L. 118-106 (published on www.congress.gov on 10/04/2024)

Section 10008 - Multilateral assistance

(a) Sense of the Congress

It is the sense of the Congress that-

(1) Sudan's economic challenges are a legacy of decades of kleptocracy, economic mismanagement, and war;

(2) Sudan's economic recovery will depend on-

(A) combating corruption and illicit economic activity;

(B) ending internal conflicts in the states of Darfur, South Kordofan, and Blue Nile; and

(C) promoting inclusive economic growth and development; and

(3) the COVID-19 outbreak constitutes a grave danger to Sudan's economic stability, public health, and food security and jeopardizes the transition to a civilian-led government that promotes the democratic aspirations of the Sudanese people.

(b) Responding to the COVID-19 outbreak

During the transitional period, and notwithstanding any other provision of law, the Secretary of the Treasury may instruct the United States Executive Director at each international financial institution to use the voice and vote of the United States to support loans or other utilization of the funds of the respective institution for Sudan for the purpose of addressing basic human needs, responding to the COVID-19 outbreak and its impact on the country's economic stability, or promoting democracy, governance, or public financial management in Sudan.

(c) Debt relief

Upon the removal of Sudan from the State Sponsors of Terrorism List, and once the Sovereignty Council is chaired by a civilian leader, the Secretary of the Treasury and the Secretary of State should engage with international financial institutions and other bilateral official creditors to advance agreement through the Heavily Indebted Poor Countries (HIPC) Initiative to restructure, reschedule, or cancel the sovereign debt of Sudan.

(d) Reporting requirement

Not later than 3 months after January 1, 2021, and not less frequently than once every 6 months thereafter during the transitional period, the Secretary of the Treasury, in consultation with the Secretary of State, shall report to the appropriate congressional committees regarding the extent to which the transitional government of Sudan has taken demonstrable steps to strengthen governance and improve fiscal transparency, including-

(1) establishing civilian control over the finances and assets of the Sudanese security and intelligence services;

(2) developing a transparent budget that accounts for all expenditures related to the security and intelligence services;

(3) identifying the shareholdings in all public and private companies not exclusively dedicated to the national defense held or managed by the security and intelligence services, and publicly disclosing, evaluating, and transferring all such shareholdings to the Ministry of Finance of the Government of Sudan or to any specialized entity of the Government of Sudan established under law for this purpose, which is ultimately accountable to a civilian authority;

(4) ceasing the involvement of the security and intelligence services officials, and their immediate family members, in the illicit trade in mineral resources, including petroleum and gold;

(5) implementing a publicly transparent methodology for the Government of Sudan to recover, evaluate, hold, manage, or divest any state assets and the profits derived from the assets that may have been transferred to the National Congress Party, an affiliate of the National Congress Party, or an official of the National Congress Party in the individual capacity of such an official;

(6) identifying and monitoring the nature and purpose of offshore financial resources controlled by the security and intelligence services; and

(7) strengthening banking regulation and supervision and addressing anti-money laundering and counter-terrorism financing deficiencies.

(e) Appropriate congressional committees defined

Notwithstanding section 10001 of this title, in this section, the term "appropriate congressional committees" means-

(1) the Committee on Foreign Relations of the Senate;

(2) the Committee on Appropriations of the Senate;

(3) Committee on Foreign Affairs of the House of Representatives;

(4) the Committee on Appropriations of the House of Representatives; and

(5) the Committee on Financial Services of the House of Representatives.

22 U.S.C. § 10008

Pub. L. 116-283, div. A, title XII, §12691269,, 134 Stat. 3972.

Sovereignty Council

The term "Sovereignty Council" means the governing body of Sudan during the transitional period that consists of-(A) 5 civilians selected by the Forces of Freedom and Change;(B) 5 members selected by the Transitional Military Council; and(C) 1 member selected by agreement between the Forces of Freedom and Change and the Transitional Military Council.

Sudanese security and intelligence services

The term "Sudanese security and intelligence services" means-(A) the Sudan Armed Forces;(B) the Rapid Support Forces,1(C) Sudan's Popular Defense Forces and other paramilitary units;(D) Sudan's police forces;(E) the General Intelligence Service, previously known as the National Intelligence and Security Services; and(F) related entities, such as Sudan's Military Industry Corporation.

appropriate congressional committees

The term "appropriate congressional committees" means-(A) the Committee on Foreign Relations of the Senate;(B) the Committee on Appropriations of the Senate;(C) the Committee on Foreign Affairs of the House of Representatives; and(D) the Committee on Appropriations of the House of Representatives.

international financial institutions

The term "international financial institutions" means-(A) the International Monetary Fund;(B) the International Bank for Reconstruction and Development;(C) the International Development Association;(D) the International Finance Corporation;(E) the Inter-American Development Bank;(F) the Asian Development Bank;(G) the Inter-American Investment Corporation;(H) the African Development Bank;(I) the European Bank for Reconstruction and Development;(J) the Multilateral Investment Guaranty Agency; and(K) any multilateral financial institution, established after January 1, 2021, that could provide financial assistance to the Government of Sudan.

transitional period

The term "transitional period" means the 39-month period beginning on August 17, 2019 (the date of the signing of Sudan's constitutional charter), during which-(A) the members of the Sovereignty Council described in paragraph (3)(B) select a chair of the Council for the first 21 months of the period; and(B) the members of the Sovereignty Council described in paragraph (3)(A) select a chair of the Council for the remaining 18 months of the period.1So in original. The comma probably should be a semicolon.