Another principal feature of the legislation is an amendment prohibiting any loan of more than $50 million to a Communist country unless the Bank has submitted to Congress a statement explaining the proposed transaction at least 30 legislative days prior to the transactions final approval. This is designed to assure that the Congress will have time to review the policy implications of such proposed transactions and to take such action as it may deem appropriate. The committee bill also takes specific cognizance of the interest. concern. and intent of the Congress with respect to the problems of persons seeking to emigrate from the Soviet Union. You will recall. Mr.
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