Notice of Entering Into a Compact With the Republic of Côte d'Ivoire

Document Headings Document headings vary by document type but may contain the following: the agency or agencies that issued and signed a document the number of the CFR title and the number of each part the document amends, proposes to amend, or is directly related to the agency docket number / agency internal file number the RIN which identifies each regulatory action listed in the Unified Agenda of Federal Regulatory and Deregulatory Actions See the Document Drafting Handbook for more details. Millennium Challenge Corporation [MCC FR 18-03] AGENCY: Millennium Challenge Corporation. ACTION: Notice. SUMMARY: In accordance with Section 610(b)(2) of the Millennium Challenge Act of 2003, as amended, and the heading “Millennium Challenge Corporation” of the Department of State, Foreign Operations, and Related Programs Appropriations Act, 2017, the Millennium Challenge Corporation (MCC) is publishing a summary of the Millennium Challenge Compact between the United States of America, acting through MCC, and the Republic of Côte d'Ivoire. Representatives of MCC and Côte d'Ivoire signed the compact on November 7, 2017. The complete text of the compact has been posted at: https://www.mcc.gov/​resources/​doc/​compact-cote-divoire . Dated: November 15, 2017. Jeanne M. Hauch, Vice President and General Counsel, Millennium Challenge Corporation. Summary of the Côte d'Ivoire Compact Overview of MCC Côte d'Ivoire Compact MCC has signed a five-year, $524,740,000 compact with the Government of Côte d'Ivoire that is aimed at reducing poverty and accelerating economic growth. The compact seeks to address two binding constraints to economic growth in Côte d'Ivoire: (i) Low levels of basic, technical, and vocational skills; and (ii) barriers to moving goods and people, especially in Abidjan. The compact will address these constraints through two projects designed to support the diversification of the Ivoirian economy in it…