7 U.S.C. § 1727: Bilateral grant program

The President shall establish a program under which agricultural commodities are donated in accordance with this subchapter to least developed countries. The revenue generated by the sale of such commodities in the recipient country may be utilized for economic development activities. Such program shall be implemented by the Administrator. To carry out the policies and accomplish the objectives described in section 1691 of this title , the Administrator may negotiate and execute agreements with least developed countries to provide commodities to such countries on a grant basis. Food for Development agreements entered into under title III of that Act [this subchapter] before the date of enactment of this Act [ Oct. 31, 1988 ] may be amended in order to implement the amendment made by paragraph (1) [amending this section]. Pending amendment pursuant to paragraph (2) of Food for Development agreements with the Government of Bangladesh, the use of funds accruing under those agreements, with the approval of the United States Government, for flood-related disaster assistance authorized by the amendment made by paragraph (1) shall be deemed to be consistent with the applicable agreement.”