and applied research, develop regulatory and enforcement capacity building, expand production capacity, and carry out other related activities with respect to the critical technology. (3) Rule of construction Nothing in this section may be construed to authorize the use of amounts in the Fund to carry out projects described in paragraph (2) that may benefit directly or indirectly entities in United States arms embargoed countries (d) Report by Secretary of State Not later than 1 year after the date of the enactment of this Act, and annually thereafter for each fiscal year during which amounts in the Fund are available under subsection (b)(3), the Secretary of State shall submit to the appropriate congressional committees a report on the implementation of this section. (e) Report by Comptroller General Not later than 2 years after the date of the enactment of this Act, the Comptroller General of the United States shall submit to the appropriate congressional committees a report evaluating the effectiveness of the Fund, including— (1) the effectiveness of projects supported by the Fund