Common use of Private Sector Development Clause in Contracts

Private Sector Development. United States grant assist- ance under subsection (a) of this section shall be made available in accordance with the plan described in sub- section (c) of this section to support the efforts of the Government of the Federated States of Micronesia to attract foreign investment and increase indigenous business activity by vitalizing the commercial environ- ment, ensuring fair and equitable application of the law, promoting adherence to core labor standards, maintaining progress toward privatization of state- owned and partially state-owned enterprises, and engaging in other reforms.

Appears in 1 contract

Sources: Agreement to Amend the Compact of Free Association

Private Sector Development. United States grant assist- ance under subsection (a) of this section shall be made available in accordance with the plan described in sub- section (c) of this section to support the efforts of the Government of the Federated States of Micronesia to attract foreign investment and increase indigenous business activity by vitalizing the commercial environ- ment, ensuring fair and equitable application of the law, promoting adherence to core labor standards, and maintaining progress toward privatization of state- owned and partially state-owned enterprises, and engaging in other reforms.

Appears in 1 contract

Sources: Agreement to Amend the Compact of Free Association