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OOCUMBIT RESUME
00570 - (A0400311]
Le8ons to be Learned from the Management of Commodities
Remaining from Terminated Indochina 1conomic Assistance
Programs. ID-76-48; B-159451. October 20, 1976. 71 pp.
Report to the Congress4 by Elmer a. Staats, Comptroller Ganeral.
Issue Area: International Economic and Military Programs: U.S.
Development Assistance Overseas (603).
Contact: International Div.
Budget Function: lntcrnational Affairs Foreign Economic aud
Financial Assistiance (151).
Organization Concerned: Department of Agriculture; Department of
State; Agency for International Development.
Congressional Relevance: House Committee on international
Relations; Senate Committee on Foreign Relations; Congress.
Authority: Aqricultural Trade Development and Acsistance Act of
1954, as amended (P.L. C84]-480). Trading with the Enemy Act
(50 U.S.C. 1 et. seq.). Foreign Assets Control Regulations.
31 C.F.R. 500.21. AID Regulatiot 1. 22 C.F.R. 201.44. 22
C.P.R. 201.66.
A review of the methods of disposal of commodities
after termination of assistarce programs in :ndochina revealed
problems and needs for future improvement. The Agency for
International Development (AID) and the Department of
Agriculture took control of commodities in transit verth an
estimated $54.3 million. Findings/Conclusions: In terminating
the pipelines and disposinq of goods in transit, these agencies
incurred costs and losses of millions of dollars. Some costs
could have been reduced if the Department of Agriculture had not
required immediate disposal of commodities cr had reprogrammed
them, and if AID had more effective procedures to dispose of
commodities. Recommendations: The AID should develop detailed
instructions for disposing of commodities; prepare nontingency
procedures to curtail or slow 4ovn a commodity pipeline when
necessary; require adequate information be saiDtained on status
of open letters of credit; and improve their commodity data
system. The Department of Agriculture should include in future
P.L. 460 agreements a provisicn for taking title to commodities,
before their scheduled arrival in a country; make a ccncerted
effort to reprogram rather than sell intransit ccmmodities; and
develop directions as to data to be provided field
representatives and procedures they should follow in selling
intransit commodities. (MTV)](ViewImageLocal?handle=hein.gao/gaobaabxq0001&div=1&collection=&method=preview&ext=.png&size=3)