Jobs Through Trade Expansion Act of 1994
TABLE OF CONTENTS:
Title I: Overseas Private Investment Corporation
Title II: Trade and Development Agency
Title III: Export Promotion Programs Within the International
Trade Administration
Title IV: Promotion of United States Environmental Exports
Title V: International Protection of Intellectual Property
Jobs Through Trade Expansion Act of 1994 - Title I: Overseas Private Investment Corporation - Overseas Private Investment Corporation Amendments Act of 1994 - Amends the Foreign Assistance Act of 1961 to revise provisions concerning the Overseas Private Investment Corporation (OPIC).
(Sec. 102) Authorizes OPIC to operate its program in a country or an area within a country only if: (1) the United States maintains diplomatic relations with the country; (2) the country or area is a developing country or area, or a country in transition from a nonmarket to market economy; and (3) programs in that country are not prohibited due to human rights violations. Permits OPIC to continue to operate programs in a country which ceases to meet such criteria if the President determines that the operation of such programs would be in the national interest. Raises the ceiling on the per capita income levels of countries established for purposes of granting preferential consideration for, or restricting, OPIC investment projects.
Authorizes OPIC to acquire equity securities for purposes of providing capital for projects, subject to limitations on aggregate amounts of equity investment. Requires OPIC to endeavor to dispose of any acquired equity interest within ten years of the date of acquisition.
Raises the ceiling on the maximum contingent liability allowed for OPIC insurance and outstanding financing.
Authorizes OPIC to transfer amounts from noncredit activities to pay subsidy costs of program levels for the direct loan and guarantee programs.
Continues OPIC's authority to issue investment insurance and guarantees through FY 1997.
Eliminates OPIC's exemption from Federal taxation.
Title II: Trade and Development Agency - Revises provisions regarding the Trade and Development Agency.
(Sec. 201) Permits the Agency to provide funding for environmental assessments.
Authorizes appropriations for the Agency for FY 1995 and 1996.
Title III: Export Promotion Programs Within the International Trade Administration - Amends the Export Administration Amendments Act of 1985 to authorize appropriations for Department of Commerce export promotion programs for FY 1995 and 1996.
Title IV: Promotion of United States Environmental Exports - Environmental Export Promotion Act of 1994 - Amends the Export Enhancement Act of 1988 to remove provisions relating to Environmental Export Assistance Officers.
(Sec. 402) Directs the Secretary of Commerce to establish the Environmental Technologies Trade Advisory Committee to provide guidance on programs to expand U.S. exports of environmental technologies, goods, and services.
Requires the Environmental Trade Promotion Working Group, a subcommittee of the Trade Promotion Coordination Committee (TPCC), to: (1) select five priority countries with the greatest potential for the application of U.S. Government export promotion resources related to environmental exports; and (2) create a plan annually for each such country that sets forth ways to increase such exports to such country.
Directs the Secretary to assign a specialist in environmental technologies to the office of the U.S. and Foreign Commercial Service in each of the priority countries.
Requires the TPCC to establish international regional initiatives to coordinate the activities of Federal agencies in order to build environmental partnerships between the United States and the geographic regions outside the United States for which such initiatives are established. Provides that such partnerships shall enhance environmental protection and promote sustainable development by using the technical expertise and financial resources of Federal agencies that provide foreign assistance and by expanding U.S. exports of environmental technologies, goods, and services to such regions.
Directs the Working Group to maintain a calendar of significant opportunities for U.S. environmental businesses in foreign markets and trade promotion events to be made available to the public.
Authorizes the Secretary to provide matching funds for the establishment in the United States of regional environmental business and technology cooperation centers to provide export promotion assistance related to environmental technologies, goods, and services.
Title V: International Protection of Intellectual Property - Requires the President, acting through the Administrator of the Agency for International Development, to establish a program of training and technical assistance to assist foreign countries in: (1) developing and strengthening laws and regulations to protect intellectual property; and (2) developing the infrastructure necessary to implement and enforce such laws and regulations.
Became Public Law No: 103-392.