Americas Framework Agreements

The Secretary of State is authorized, in consultation with other appropriate Government officials, to enter into an Americas Framework Agreement with any eligible country concerning the operation and use of the Americas Fund for that country. In the negotiation of such Agreements, the Secretary shall consult with the Enterprise for the Americas Board in accordance with section 2430h of this title. An Americas Framework Agreement with an eligible country shall— Funds disbursed from the Americas Fund in each beneficiary country shall be administered by a body constituted under the laws of that country. The administering body shall consist of— individuals who represent a broad range of— The administering body— Grants from an Americas Fund shall be used for— Grants made from an Americas Fund shall be made to— Any grant of more than $100,000 from an Americas Fund shall be subject to veto by the Government of the United States or the government of the beneficiary country. In the event that a country ceases to meet the eligibility requirements set forth in section 2430b(a) of this title, as determined by the President pursuant to section 2430b(b) of this title, then grants from the Americas Fund for that country may only be made to nongovernmental organizations until such time as the President determines that such country meets the eligibility requirements set forth in section 2430b(a) of this title.