22 U.S.C. § 262p-4p : US Code - Section 262P-4P: Encouragement of fair labor practices
Search 22 U.S.C. § 262p-4p : US Code - Section 262P-4P: Encouragement of fair labor practices
(a) The Secretary of the Treasury shall direct the United States
Executive Directors of the international financial institutions (as
defined in section 262r(c)(2) of this title) to use the voice and
vote of the United States to urge the respective institution -
(1) to adopt policies to encourage borrowing countries to
guarantee internationally recognized worker rights (within the
meaning of section 2467(4) of title 19) and to include the status
of such rights as an integral part of the institution's policy
dialogue with each borrowing country;
(2) in developing the policies referred to in paragraph (1), to
use the relevant conventions of the International Labor
Organization, which have set forth, among other things, the right
of association, the right to organize and bargain collectively, a
prohibition on the use of any form of forced or compulsory labor,
and certain minimum labor standards that take into account
differences in development levels among nations including a
minimum age for the employment of children, acceptable conditions
of work with respect to minimum wages, hours of work, and
occupational safety and health; and
(3) to establish formal procedures to screen projects and
programs funded by the institution for any negative impact in a
borrowing country on the rights referred to in paragraph (1).
(b) The Secretary of the Treasury shall submit to the Committee
on Banking, Finance and Urban Affairs of the House of
Representatives and the Committee on Foreign Relations of the
Senate by the end of each fiscal year a report on the extent to
which each borrowing country guarantees internationally recognized
worker rights to its labor force and on progress toward achieving
each of the goals described in subsection (a) of this section.
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