Definitions

Section 1402 of the Better Utilization of Investments Leading to Development Act of 2018 (22 U.S.C. 9601) is amended— (1) by redesignating paragraphs (2), (3), and (4) as paragraphs (3), (4), and (5), respectively; (2) by inserting after paragraph (1) the following: (2) High-income country The term high-income country means a country with a high-income economy, as defined by International Bank for Reconstruction and Development and the International Development Association (collectively referred to as the World Bank).; (3) in paragraph (5), as so redesignated— (A) in subparagraph (A), by striking or at the end; (B) in subparagraph (B), by striking the period at the end and inserting; or; and (C) by adding at the end, the following: (C) any other similar institution that has a purpose that is similar to the purposes of the Corporation as described in section 1412(b) of this title.; and (4) by adding at the end the following: (6) Country of concern The term country of concern means any of the following countries: (A) The Bolivarian Republic of Venezuela. (B) The Republic of Cuba. (C) The Democratic People’s Republican of Korea. (D) The Islamic Republic of Iran. (E) The People’s Republic of China. (F) The Russian Federation. (G) Belarus..