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22 U.S.C. § 5462

U.S. CodeFederal
SEED Information Center System
About This Law
/us/usc/t22/s5462
Title
22 — Foreign Relations and Intercourse
Chapter
CH63
Release
119-84
Release Date
2026-04-17

Section Text

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(a) EstablishmentThe President shall establish a SEED Information Center System, using existing Executive branch agencies and acting in cooperation with the Government of Poland and the Government of Hungary. (b) Functions(1) In generalThe SEED Information Center System shall serve as a central clearinghouse mechanism for information relating to—(A) business needs and opportunities in Eastern Europe, and (B) voluntary assistance to countries in Eastern Europe. (2) Private enterprise developmentThe SEED Information Center System shall be organized, among other purposes, to encourage—(A) the submission of economically sound proposals to the Polish-American Enterprise Fund and Hungarian-American Enterprise Fund, and (B) other sources of finance for the development of private enterprise in Eastern Europe. (c) LocationThe SEED Information Center System shall be based jointly in Washington, District of Columbia; Warsaw, Poland; and Budapest, Hungary; and should it become appropriate, the capitals of other East European countries. (Pub. L. 101–179, title VI, § 602, Nov. 28, 1989, 103 Stat. 1319.) Executive Documents Delegation of Functions Functions of President under this section delegated to Secretary of Commerce by section 3 of Ex. Ord. No. 12703, Feb. 20, 1990, 55 F.R. 6351, set out as a note under section 5401 of this title.

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