99-15503. Abolishment of the U.S. International Development Cooperation Agency

[Federal Register Volume 64, Number 117 (Friday, June 18, 1999)]
[Notices]
[Page 32890]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 99-15503]


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OVERSEAS PRIVATE INVESTMENT CORPORATION


Abolishment of the U.S. International Development Cooperation 
Agency

AGENCY: Overseas Private Investment Corporation.

ACTION: Notice.

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SUMMARY: The Overseas Private Investment Corporation (``OPIC'') gives 
notice of the abolition of the U.S. International Development 
Cooperation Agency (``IDCA''). Under the provisions of the Foreign 
Affairs Reform and Restructuring Act of 1998, as contained in Public 
Law 105-277, IDCA was abolished, effective April 1, 1999.

DATES: Effective June 18, 1999.

FOR FURTHER INFORMATION CONTACT: Eli Landy, Department of Legal 
Affairs, 202-336-8418, [e-mail].

SUPPLEMENTARY INFORMATION: Under the provisions of the Foreign Affairs 
Reform and Restructuring Act of 1998, as contained in Public Law 105-
277, IDCA was abolished, effective April 1, 1999.
    Elsewhere in this issue of the Federal Register OPIC has amended 
chapter VII of title 22 of the Code of Federal Regulations to delete 
the reference to IDCA. The abolition of IDCA does not affect the status 
and validity of OPIC regulations, directives, rulings, policies; they 
continue in effect.
Charles D. Toy,
Vice President and General Counsel.
[FR Doc. 99-15503 Filed 6-17-99; 8:45 am]
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