3.0.0 1481 2023-01-11T13:49:04Z 2023-01-11T13:49:04Z Senate S 2021-04-29 117 ssfi00 Finance Committee Senate Standing Referred to 2021-04-29T18:31:06Z 2021-04-29 ssfi00 Finance Committee Senate Read twice and referred to the Committee on Finance. IntroReferral 2021-04-29 Introduced in Senate IntroReferral 10000 9 Library of Congress V000128 Sen. Van Hollen, Chris [D-MD] Chris Van Hollen D MD N Y000064 Sen. Young, Todd [R-IN] Todd Young R IN C. 2021-04-29 True C000127 Sen. Cantwell, Maria [D-WA] Maria Cantwell D WA 2021-04-29 True Foreign Trade and International Finance Afghanistan Asia Business investment and capital Business records Congressional oversight Criminal procedure and sentencing Customs enforcement Due process and equal protection Economic development Elementary and secondary education Foreign and international corporations Free trade and trade barriers Government ethics and transparency, public corruption Government studies and investigations Health care coverage and access Human rights Industrial facilities Intellectual property International organizations and cooperation Labor standards Labor-management relations Manufacturing Pakistan Poverty and welfare assistance Property rights Reconstruction and stabilization Rule of law and government transparency Sovereignty, recognition, national governance and status Tariffs Terrorism U.S. and foreign investments Foreign Trade and International Finance 00 2021-04-29 Introduced in Senate 2022-04-01T15:15:55Z Pakistan-Afghanistan Economic Development Act

This bill allows for duty-free treatment for certain goods from designated Reconstruction Opportunity Zones (ROZs) in Afghanistan and the border regions of Pakistan.

Specifically, the bill allows the President to designate ROZs within Afghanistan or parts of Pakistan, provided certain eligibility criteria are met. The countries must, among other conditions (1) establish (or make continual progress toward establishing) a market-based economy, the rule of law, certain economic policies, a system to combat corruption and bribery, and the protection of core labor standards; and (2) eliminate barriers to trade and investment.

Additionally, the bill allows the President to provide duty-free treatment for certain textile and apparel products, as well as nontextile and nonapparel products, from a ROZ through September 30, 2031.

The bill sets forth requirements to prevent the unlawful transshipment of textile or apparel products. Further, it outlines customs procedures and enforcement.

Products from a ROZ in Afghanistan or Pakistan may continue to receive duty-free treatment only if the President certifies to Congress that the countries have complied with certain requirements, including that the countries must designate a labor official.

The President may withdraw, suspend, or limit the application of duty-free treatment under the bill.

]]> Pakistan-Afghanistan Economic Development Act Display Title Pakistan-Afghanistan Economic Development Act Official Title as Introduced A bill to provide duty-free treatment for certain goods from designated Reconstruction Opportunity Zones in Pakistan and Afghanistan, and for other purposes. Introduced in Senate IS Short Title(s) as Introduced Pakistan-Afghanistan Economic Development Act Introduced in Senate IS Introduced in Senate 2021-04-29T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-117s1481is/xml/BILLS-117s1481is.xml 2021-04-29 Read twice and referred to the Committee on Finance. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.