[Congressional Bills 104th Congress]
[From the U.S. Government Publishing Office]
[H. Con. Res. 121 Introduced in House (IH)]







104th CONGRESS
  1st Session
H. CON. RES. 121

Urging the President of the United States to seek negotiations with the 
   Republic of Ireland, the United Kingdom, the European Union, and 
international financial institutions for the purpose of establishing an 
                       Ireland Development Bank.


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                    IN THE HOUSE OF REPRESENTATIVES

                           December 15, 1995

 Mrs. Maloney submitted the following concurrent resolution; which was 
      referred to the Committee on Banking and Financial Services

_______________________________________________________________________

                         CONCURRENT RESOLUTION


 
Urging the President of the United States to seek negotiations with the 
   Republic of Ireland, the United Kingdom, the European Union, and 
international financial institutions for the purpose of establishing an 
                       Ireland Development Bank.

Whereas the 1994 cease-fires in Northern Ireland have created enormous 
        opportunities for economic growth and increased investment; and
Whereas the United States has sought to play an active role in promoting 
        economic development in Ireland through the appointment by the President 
        of a Special Envoy for Economic Initiatives on Ireland, and through the 
        convening of a White House Conference on Trade and Investment in 
        Ireland: Now, therefore, be it
    Resolved by the House of Representatives (the Senate concurring), 
That the President of the United States should seek negotiations with 
the Republic of Ireland, the United Kingdom, the European Union, and 
international financial institutions for the purpose of establishing an 
Ireland Development Bank, which would raise capital for economic 
development and job creation in the Republic of Ireland, especially the 
6 border counties, and the 6 counties of Northern Ireland through the 
issuance of Ireland Peace Bonds, the proceeds of which would be used to 
provide supplemental loans and loan guarantees for businesses that are 
underserved by other financial institutions.
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