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Published online by Cambridge University Press: 28 March 2017
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3 Bishop, at p. 728; see also 5 Hackworth, International Law 702-705, 840-844 (1943).
4 Australia, Canada, Denmark, Federal Republic of Germany, Japan, The Netherlands, Norway, Portugal, Sweden, Switzerland, United States. I am indebted to a graduate paper by a student, Stanley B. Kay, for much of the ensuing factual material.
5 A.I.D., Specific Risk Guaranty Handbook, p. 4 (1966); idem, Extended Risk Guaranties of Loans for Private Projects (Other than Housing Projects): Policy Paper, p. 8 (1964). For many years this was a statutory requirement. While the statute was relaxed in 1961, in fact new countries have come into the program through a written agreement with the United States.
6 22 U.S.C. Sec. 2198 (c).
7 AID/PRR Policy 1.1 (Oct. 2, 1968), p. 3.
8 AID/PRR Policy, above.
10 AID/PRR Policy, above.
11 22 U.S.C., Sec. 2194 (a) (2). See also, House Subcommittee on Foreign Operations, Hearings on Foreign Assistance and Related Agencies Appropriations for 1970, Part 2, pp. 1826-1827.
12 IBRD, Multilateral Investment Insurance: A Staff Report (1962).
13 For a discussion of other issues, see IBRD Staff Report, above; Schwarzenberger, Foreign Investments and International Law 170-181 (Praeger, 1969); Comments on 1966 draft by International Chamber of Commerce to Economic and Social Council, May 2, 1967 (U.N. Doc. E/C.2/653).
14 IBRD, Staff Report, note 12 above, p. 13.
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