Agricultural Trade Development and Assistance Act of 1954
Encyclopedia
The Agricultural Trade Development and Assistance Act of 1954 (or Public Law 83-480) is a United States federal law that established Food for Peace
Food for Peace
Public Law 480 also known as Food for Peace is a funding avenue by which U.S. food can be used for overseas aid....

, the primary U.S. overseas food assistance program. The Act was signed into law on July 10, 1954 by President Dwight D. Eisenhower
Dwight D. Eisenhower
Dwight David "Ike" Eisenhower was the 34th President of the United States, from 1953 until 1961. He was a five-star general in the United States Army...

.

According to Eisenhower, the purpose of the legislation was to "lay the basis for a permanent expansion of our exports of agricultural products with lasting benefits to ourselves and peoples and peoples of other lands."

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