[Congressional Bills 115th Congress]
[From the U.S. Government Publishing Office]
[S. Res. 18 Reported in Senate (RS)]

<DOC>
                                                       Calendar No. 114
115th CONGRESS
  1st Session
S. RES. 18

  Reaffirming the United States-Argentina partnership and recognizing 
                     Argentina's economic reforms.


_______________________________________________________________________


                   IN THE SENATE OF THE UNITED STATES

                            January 23, 2017

Mr. Coons (for himself, Mr. Rubio, Mr. Kaine, Mr. Lankford, Mr. Markey, 
 Mr. Merkley, and Mr. Hatch) submitted the following resolution; which 
           was referred to the Committee on Foreign Relations

                              June 5, 2017

   Reported by Mr. Corker, with an amendment and an amendment to the 
                                preamble
[Strike out all after the resolving clause and insert the part printed 
                               in italic]
      [Strike the preamble and insert the part printed in italic]

_______________________________________________________________________

                               RESOLUTION


 
  Reaffirming the United States-Argentina partnership and recognizing 
                     Argentina's economic reforms.

Whereas, on November 22, 2015, the citizens of the Argentine Republic elected 
        Mauricio Macri as their President;
Whereas President Macri has pledged to promote greater national unity, rebuild 
        the economy, combat domestic corruption, strengthen freedom of the 
        press, defend human rights abroad, attract foreign direct investment, 
        return to international credit markets, and reassert Argentina's 
        leadership globally;
Whereas President Macri has emphasized his intention to seek closer ties with 
        the United States and restore the bilateral partnership previously 
        enjoyed by both countries;
Whereas the Argentine Republic is a major non-NATO ally of the United States;
Whereas United States-Argentina relations are historically characterized by 
        comprehensive commercial ties and strong bilateral cooperation on human 
        rights, peacekeeping, science and technology, non-proliferation, and 
        education, as well as on regional and global issues;
Whereas President Obama traveled to Argentina in March 2016 to strengthen 
        engagement on issues of bilateral interest, such as trade, investment, 
        energy, security, and peacekeeping
Whereas, in an appearance with President Macri at the Casa Rosada in Buenos 
        Aires, President Obama said that ``our countries share profound values 
        in common--respect for human rights, for individual freedoms, for 
        democracy, for justice, and for peace'';
Whereas the United States Department of the Treasury no longer opposes 
        multilateral development banks lending to Argentina because of the 
        Government of Argentina's ``progress on key issues and positive economic 
        policy trajectory'';
Whereas President Macri prioritized Argentina resolving its 15-year standoff 
        with private creditors stemming from the 2001-2002 economic crisis;
Whereas the Macri Administration lifted controls on trade, currency, and 
        poultry, enhanced the quality and transparency of government data, and 
        eliminated subsidies on electricity, water, and gas;
Whereas, in April 2016, the Government of Argentina issued $16,500,000,000 in 
        new government bonds and paid $9,300,000,000 to holdout creditors to 
        resolve its default settlements, which facilitated Argentina's return to 
        international financial markets;
Whereas Argentina is Latin America's third largest economy and the International 
        Monetary Fund, in April 2016, claimed the Macri Administration 
        ``embarked on an ambitious, much needed transition to remove domestic 
        imbalances and distortions and correct relative prices'';
Whereas Secretary of State John Kerry visited Argentina in August 2016 to launch 
        a High-Level Dialogue to develop and sustain cooperation on bilateral, 
        regional, and global challenges, including democratic development and 
        protection of human rights in Latin America; and
Whereas Secretary Kerry, during his visit, stated that ``the United States 
        strongly supports President Macri's effort to deepen Argentina's 
        integration with the global economy'' and that ``our governments will be 
        supporting policies that are aimed at strong, sustainable, and balanced 
        economic growth'': Now, therefore, be it
Whereas, on November 22, 2015, the citizens of the Argentine Republic elected 
        Mauricio Macri as their President;
Whereas President Macri has taken strides to promote greater national unity, 
        rebuild the economy, increase public transparency, strengthen freedom of 
        the press, defend human rights abroad, attract foreign direct 
        investment, and reassert Argentina's leadership globally;
Whereas President Macri has prioritized policies to seek closer ties with the 
        United States and restore the bilateral partnership previously enjoyed 
        by both countries;
Whereas the Argentine Republic is a major non-NATO ally of the United States;
Whereas United States-Argentina relations are historically characterized by 
        comprehensive commercial ties and strong bilateral cooperation on human 
        rights, peacekeeping, science and technology, non-proliferation, and 
        education, as well as on regional and global issues;
Whereas President Barack Obama traveled to Argentina in March 2016 to strengthen 
        engagement on issues of bilateral interest, such as trade, investment, 
        energy, security, and peacekeeping;
Whereas, in an appearance with President Macri at the Casa Rosada in Buenos 
        Aires, President Obama said that ``our countries share profound values 
        in common--respect for human rights, for individual freedoms, for 
        democracy, for justice, and for peace'';
Whereas the United States Department of the Treasury no longer opposes 
        multilateral development banks lending to Argentina because of the 
        Government of Argentina's ``progress on key issues and positive economic 
        policy trajectory'';
Whereas President Macri resolved Argentina's 15-year standoff with private 
        creditors stemming from the 2001-2002 economic crisis, which facilitated 
        Argentina's return to international credit markets;
Whereas the Macri Administration lifted controls on trade, currency, and 
        poultry, enhanced the quality and transparency of government data, and 
        eliminated subsidies on electricity, water, and gas;
Whereas, in March 2016, the United States and Argentina signed a Trade and 
        Investment Framework Agreement;
Whereas Argentina is Latin America's third largest economy, and the 
        International Monetary Fund, in April 2016, stated that the Macri 
        Administration ``embarked on an ambitious, much needed transition to 
        remove domestic imbalances and distortions and correct relative 
        prices'';
Whereas the Senate and Chamber of Deputies of Argentina, since the start of the 
        Macri Administration, have played an important role in advancing a 
        political and economic agenda that promotes fiscal responsibility, 
        greater transparency, and shared prosperity for the people of Argentina;
Whereas, in April 2017, President Donald J. Trump and President Macri met at the 
        White House and expressed their desire to see significant future growth 
        in two-way trade of agricultural and industrial products to the benefit 
        of producers and consumers in both countries;
Whereas President Trump and President Macri established the United States-
        Argentina Dialogue on Illicit Finance and a Cyber Crimes Working Group 
        to strengthen our partnership to combat narcotics trafficking, money 
        laundering, terrorist financing, corruption, and cyber security; and
Whereas President Macri and his Administration have contributed to the 
        international response to the political, economic, and humanitarian 
        challenges in Venezuela: Now, therefore, be it
    Resolved, That the Senate--
        <DELETED>    (1) upholds its commitment to the partnership 
        between the United States and Argentina and reaffirms that the 
        Argentine Republic is a major non-NATO ally of the United 
        States;</DELETED>
        <DELETED>    (2) encourages the Department of State to 
        coordinate an interagency strategy to increase cooperation with 
        the Government of Argentina on areas of bilateral, regional, 
        and global concern;</DELETED>
        <DELETED>    (3) commends President Mauricio Macri and his 
        Administration for making far-reaching economic reforms that 
        will benefit the people of Argentina, stimulate economic 
        growth, and deepen Argentina's integration with the global 
        economy;</DELETED>
        <DELETED>    (4) praises the Government of Argentina for 
        resolving its dispute with international creditors;</DELETED>
        <DELETED>    (5) encourages the Government of Argentina to 
        continue to investigate and prosecute those responsible for the 
        1994 bombing of the Argentine-Israeli Mutual Association (AMIA) 
        in Buenos Aires, as well as the January 2015 death of AMIA 
        special prosecutor Alberto Nisman; and</DELETED>
        <DELETED>    (6) expresses its desire that the growing 
        partnership between the United States and Argentina will result 
        in greater cooperation at multilateral institutions, such as 
        the United Nations.</DELETED>
That the Senate--
            (1) upholds its commitment to the partnership between the 
        United States and Argentina and reaffirms that the Argentine 
        Republic is a major non-NATO ally of the United States;
            (2) encourages the Department of State to coordinate an 
        interagency strategy to increase cooperation with the 
        Government of Argentina on areas of bilateral, regional, and 
        global concern;
            (3) commends President Mauricio Macri and his 
        Administration for making far-reaching economic reforms and 
        encourages efforts to promote inclusive economic growth and 
        reduce inequality;
            (4) encourages the Government of Argentina to continue to 
        investigate and prosecute those responsible for the 1994 
        bombing of the Argentine-Israeli Mutual Association (AMIA) in 
        Buenos Aires, as well as the January 2015 death of AMIA special 
        prosecutor Alberto Nisman;
            (5) expresses its desire that the growing partnership 
        between the United States and Argentina will result in greater 
        cooperation at multilateral institutions, such as the United 
        Nations and Organization of American States; and
            (6) supports the continuing implementation of the United 
        States Trade and Investment Framework Agreement with Argentina 
        and Argentina's efforts toward greater integration with the 
        global economy.




                                                       Calendar No. 114

115th CONGRESS

  1st Session

                               S. RES. 18

_______________________________________________________________________

                               RESOLUTION

  Reaffirming the United States-Argentina partnership and recognizing 
                     Argentina's economic reforms.

_______________________________________________________________________

                              June 5, 2017

      Reported with an amendment and an amendment to the preamble