Food for Peace
Food for Peace : The "Food for Peace" program (also known as "P.L. 480), originally established by the 1954 Agricultural Trade and Development Act, is the primary means by which the U.S. provides foreign food assistance. The three primary objectives of the program are to: (a) expand U.S. agricultural exports, (b) provide humanitarian relief, and (c) aid the economic development of developing countries. Commodities are transferred in two ways:: By government-to-government long-term concessional financing or for local currencies in which priority is given to developing countries which demonstrate the greatest need for food, are undertaking measures to improve their food security and agricultural development, and are potential commercial markets for U.S. agricultural commodities -- Title I, administered by the Department of Agriculture; and: Donations or grants, including: + Donations of food commodities for distribution in meeting either emergency conditions or international cooperative non-emergency assistance -- Title II, administered by AID; and + Providing food assistance on a grant basis to least developed countries through government-to-government agreements. Proceeds derived from sales on the local market may be used to support a variety of economic development and related activities in the recipient countries -- Title III, administered by AID. This assistance is sometimes known as "Food for Development". See: Food for Progress Section 416
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