115 S4632 IS: Economic and Commercial Opportunities and Networks Act of 2022
U.S. Senate
2022-07-27
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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.
1.Short title; table of contents(a)This Act may be cited as the Economic and Commercial Opportunities and Networks Act of 2022
or the ECON Act
.(b)The table of contents for this Act is as follows:Sec. 1. Short title; table of contents.TITLE I—Strengthening the Department of State Economic CorpsSec. 101. Duties of Foreign Service economic officers.Sec. 102. Establishment of new award of excellence for economic officers.Sec. 103. Report on chiefs of mission and deputy chiefs of mission by cone.Sec. 104. Report on recruitment, retention, and promotion of Foreign Service economic officers.Sec. 105. Mandate to revise Department of State metrics for successful economic and commercial diplomacy.TITLE II—Upping America's game in the fieldSec. 201. Chief of Mission economic responsibilities.Sec. 202. Direction to embassy deal teams.Sec. 203. Establishment of a Deal Team of the Year
award.Sec. 204. Economic defense response teams.TITLE III—Cooperating with allies and partnersSec. 301. Investing in talent in Southeast Asia and the Pacific Islands.Sec. 302. Regulatory exchanges with allies and partners.Sec. 303. Infrastructure Transaction and Assistance Network.Sec. 304. Digital Connectivity and Cybersecurity Partnership.TITLE IV—Boosting international trade and investmentSec. 401. Pilot program to audit barriers to trade in developing partner countries.Sec. 402. Promoting adoption of United Nations Convention on Assignment of Receivables in International Trade.TITLE V—Combating anti-competitive behaviorSec. 501. Predatory pricing by entities owned, controlled, or directed by a foreign state.Sec. 502. Expansion of offense of theft of trade secrets to include unauthorized development of products and digital articles.Sec. 503. Review of petitions related to intellectual property theft and forced technology transfer.<enum>I</enum><header>Strengthening the Department of State Economic Corps</header><section id="idc2c55a9bdd6f4fc8a9b9f9c53b299dec"><enum>101.</enum><header>Duties of Foreign Service economic officers</header><subsection id="id5DD363CF258246E68BA0B5B7F5AED82A"><enum>(a)</enum><header>In general</header><text display-inline="yes-display-inline">Chapter 5 of title I of the Foreign Service Act of 1980 (<external-xref legal-doc="usc" parsable-cite="usc/22/3981">22 U.S.C. 3981 et seq.</external-xref>) is amended by adding at the end the following:</text><quoted-block id="ida65bd74766334f69af4d7952703d4d5b" display-inline="no-display-inline" style="OLC"><section id="id8312c68535fc4e4ba63e362345a59298"><enum>506.</enum><header>Duties of economic officers</header><subsection id="idab930c97a19b40b2aa565b0a527f68a7"><enum>(a)</enum><header>In general</header><text>The Secretary of State shall direct the economic officers of the Foreign Service—</text><paragraph id="idb6dc403e26cb47c090912cedf6bf2a49"><enum>(1)</enum><text>to negotiate agreements with foreign governments and international organizations;</text></paragraph><paragraph id="idC38917F2CB8A47278CFE0FB161C3A7D6"><enum>(2)</enum><text>to inform the Washington, D.C., headquarters offices of Federal agencies with respect to the positions of foreign governments and international organizations in negotiations;</text></paragraph><paragraph id="id5632e641367942769607938d1ecc388a"><enum>(3)</enum><text>to advance and oversee—</text><subparagraph id="idca69476999f2439484d92b17efdbbf5d"><enum>(A)</enum><text>the routine implementation and maintenance of economic and commercial agreements; and</text></subparagraph><subparagraph id="id308ea324ad614004aa0b512518d61454"><enum>(B)</enum><text>other initiatives in the countries to which such officers are assigned related to improving economic or commercial relations for the benefit of United States persons, including businesses;</text></subparagraph></paragraph><paragraph id="ide3e095549d5e4370b2b901cef3f460c3"><enum>(4)</enum><text>to identify, and help design and execute, in consultation with other Federal agencies, United States policies, programs, and initiatives, including capacity building efforts, to advance policies of foreign governments that improve local economic governance, market-based business environments, and market access, increase trade and investment opportunities, or provide a more level playing field for United States persons, including with respect to—</text><subparagraph id="id3d312dc338ae472ebb507fa48de0727a"><enum>(A)</enum><text>improving revenue collection;</text></subparagraph><subparagraph id="id0ca0ed6304834e42adc08491361d56eb"><enum>(B)</enum><text>streamlining customs processes and improving customs transparency and efficiency;</text></subparagraph><subparagraph id="id2e47698a84394e18893c7e286863d825"><enum>(C)</enum><text>improving regulatory management;</text></subparagraph><subparagraph id="idcd883a994c354162aeeaf52c6aa5cdcd"><enum>(D)</enum><text>improving procurement processes, including facilitating transparency in tendering, bidding, and contact negotiation;</text></subparagraph><subparagraph id="idff04f61b4881450f96d69b3b7e7b96da"><enum>(E)</enum><text>advancing intellectual property protections;</text></subparagraph><subparagraph id="id61dec404805548e39287a907b703be21"><enum>(F)</enum><text>eliminating anticompetitive subsidies and improving the transparency of remaining subsidies;</text></subparagraph><subparagraph id="id6509f5de68a3412e8579495c97af7844"><enum>(G)</enum><text>improving budget management and oversight; and</text></subparagraph><subparagraph id="id2882ae881e504adfb88a9ec1b8a429be"><enum>(H)</enum><text>strengthening management of important economic sectors;</text></subparagraph></paragraph><paragraph id="idae9e1d800f534d6780dcca2df24af3f2"><enum>(5)</enum><text>to prioritize active support of economic and commercial goals by United States persons abroad, in conjunction with the United States and Foreign Commercial Service (established by section 2301 of the Export Enhancement Act of 1988 (<external-xref legal-doc="usc" parsable-cite="usc/15/4721">15 U.S.C. 4721</external-xref>)), including by—</text><subparagraph id="id19ad457af6f2479c9e9556324309d0e0"><enum>(A)</enum><text>providing United States persons with leads, information on open tenders, and introductions to relevant contacts within foreign countries;</text></subparagraph><subparagraph id="id138b10be9cd04e8a95de83bb71149099"><enum>(B)</enum><text>assisting United States persons in their dealings with foreign governments and enterprises owned by foreign governments;</text></subparagraph><subparagraph id="idf6f68df34b6a4bf6a178baeb38abbf61"><enum>(C)</enum><text>providing United States persons with information and assistance in using all types of United States Government support with respect to international economic matters, including such support provided by the Department of State, the Department of Commerce, the Export-Import Bank of the United States, the United States International Development Finance Corporation, the Trade and Development Agency, the Department of Agriculture, and the Department of the Treasury; and</text></subparagraph><subparagraph id="id80b59ee900c44df8a1120a95b91efd0e"><enum>(D)</enum><text>receiving feedback from United States persons with respect to support described in subparagraph (C) and reporting that feedback to the chief of mission and to the headquarters of the Department of State; </text></subparagraph></paragraph><paragraph id="id0bf232ab76fe4f2cb83785cd495fe9cb"><enum>(6)</enum><text>to consult closely and regularly with the private sector, as described in section 709 of the Championing American Business through Diplomacy Act (<external-xref legal-doc="usc" parsable-cite="usc/22/9905">22 U.S.C. 9905</external-xref>);</text></paragraph><paragraph id="id65d29b3509ad484fa95d81cead650aa0"><enum>(7)</enum><text>to identify and execute opportunities for the United States to counter policies, initiatives, or activities by authoritarian governments or enterprises affiliated with such governments that are anticompetitive or undermine the sovereignty or prosperity of the United States or a partner country;</text></paragraph><paragraph id="ide97a9adb22094a9d8073cb3b246b80a2"><enum>(8)</enum><text>to identify and execute opportunities for the United States in new and emerging areas of trade and investment, such as digital trade and investment;</text></paragraph><paragraph id="iddba818decb7e4a58a30d7ca47d79eeb8"><enum>(9)</enum><text>to monitor the development and implementation of bilateral and multilateral economic agreements and provide recommendations to the Secretary of State and the heads of other relevant Federal agencies with respect to United States actions and initiatives relating to those agreements;</text></paragraph><paragraph id="id35d6a815eff94e6494400df8e1a9b0b9"><enum>(10)</enum><text>to maintain complete and accurate records of the performance measurements of the Department for economic and commercial diplomacy activities, as directed by the chief of mission and other senior officials of the Department;</text></paragraph><paragraph id="id44b80a1beda9480a921a61d63fcdf029"><enum>(11)</enum><text>to report on issues and developments with direct relevance to United States economic and national security interests, especially when accurate, reliable, timely, and cost-effective information is unavailable from non-United States Government sources; and</text></paragraph><paragraph id="id1bd626f7b983430d8c7c1bdf56f1117d"><enum>(12)</enum><text>to coordinate all activities as necessary and appropriate with counterparts in other agencies.</text></paragraph></subsection><subsection id="id2ffbbce0283940fdbd4e80e395a6eabd" commented="no" display-inline="no-display-inline"><enum>(b)</enum><header>Regulatory updates</header><text>The Secretary of State shall update guidance in the Foreign Affairs Manual and other regulations and guidance as necessary to implement this section.</text></subsection><subsection id="id0948AEE121C640E8B6407E26D8ABCD5C"><enum>(c)</enum><header>United States person defined</header><text>In this section, the term <term>United States person</term> means—</text><paragraph id="id35D9BCA1F5E8414CA0884EDE2D494A2B"><enum>(1)</enum><text>a United States citizen or an alien lawfully admitted for permanent residence to the United States; or</text></paragraph><paragraph id="id6521C40A85DB46CBB59A16ABBF2D2A0A"><enum>(2)</enum><text>an entity organized under the laws of the United States or any jurisdiction within the United States, including a foreign branch of such an entity.</text></paragraph></subsection></section><after-quoted-block>.</after-quoted-block></quoted-block></subsection><subsection id="id44165BA1BB704D1288C4524031A64282"><enum>(b)</enum><header>Clerical amendment</header><text>The table of contents for the Foreign Service Act of 1980 is amended by inserting after the item relating to section 505 the following: </text><quoted-block style="OLC" id="id51ce0ce8-9d04-4226-89ef-03b467e2e67f"><toc><toc-entry level="section" idref="id8312c68535fc4e4ba63e362345a59298">Sec. 506. Duties of economic officers.</toc-entry></toc><after-quoted-block>.</after-quoted-block></quoted-block></subsection></section><section id="ide32f6c7c464b4f2f9778cf78bbad78f6"><enum>102.</enum><header>Establishment of new award of excellence for economic officers</header><text display-inline="no-display-inline">Chapter 6 of the Foreign Service Act of 1980 (<external-xref legal-doc="usc" parsable-cite="usc/22/4001">22 U.S.C. 4001 et seq.</external-xref>), is amended by adding at the end the following new section:</text><quoted-block style="OLC" display-inline="no-display-inline" id="id13DD15880B9B4A2CBD4E9076317666AC"><section id="idac53ad03621045ccbbe72860f608e4fd"><enum>615.</enum><header>Foreign service awards for outstanding contributions to United States economic and commercial diplomacy</header><subsection id="idb1c052ac1a5e44a8b438a369744310fd"><enum>(a)</enum><header>Establishment</header><text>The Secretary of State shall establish an award to recognize outstanding contributions to advancing United States interests in the areas of economic diplomacy or commercial diplomacy. The award shall be known as the <quote>Congressional Award for High Achievement in Economic and Commercial Diplomacy</quote>.</text></subsection><subsection id="id2fc09f12880540e497c6f035dcdb0158"><enum>(b)</enum><header>Award content</header><text>The recipients of this award shall receive—</text><paragraph id="idab946fca057247bf85f2ca31690c7132"><enum>(1)</enum><text>a certificate signed by the Secretary of State;</text></paragraph><paragraph id="id92c53560f57b4a59b0bdaa2edfa0e205"><enum>(2)</enum><text>a cash award of $15,000; and</text></paragraph><paragraph id="ida9dac958f5144a8ca57e74cfd5ee5eed"><enum>(3)</enum><text>in the case of Foreign Service employees, inclusion in the next employee evaluation report; or</text></paragraph><paragraph id="id8b60987337f54dc8b3b16c159b5c53c3"><enum>(4)</enum><text>in the case of Civil Service employees, inclusion in the next annual performance evaluation.</text></paragraph></subsection><subsection id="ida9f5a33406764a03adc7ce56a27e08a8"><enum>(c)</enum><header>Eligibility</header><text>The following individuals are eligible for an award under this section:</text><paragraph id="id5a2c296fc646476db670f9dfed271c49"><enum>(1)</enum><text>Economic officers in the Foreign Service with at least three years of experience and one overseas posting with responsibilities for United States economic and commercial interests; and</text></paragraph><paragraph id="idc74eb6f6c4c4493487ecf73e47820836"><enum>(2)</enum><text>Civil Service employees with at least three years of experience and with direct responsibility for economic and commercial matters.</text></paragraph></subsection><subsection id="idc1b03752231742ea9ac01f1e8c98b7ab"><enum>(d)</enum><header>Number of awardees</header><text>For each fiscal year, the Secretary of State shall award—</text><paragraph id="id9c8aae25df724fbaaa2b2ae30cf00882"><enum>(1)</enum><text>no fewer than 3 awards and no more than 5 awards to members of the Foreign Service; and</text></paragraph><paragraph id="id89a31b4144114e5f9ba78f9c2efc8a1b"><enum>(2)</enum><text>no fewer than 3 award and no more than 5 awards to Civil Service employees.</text></paragraph></subsection><subsection id="id7034d25889254cec838a085a2aaa87bb"><enum>(e)</enum><header>Criteria</header><text>Selection for an award under this section shall be based on—</text><paragraph id="ide5e738db1a9844268bfedddb31888e7d"><enum>(1)</enum><text>the employee playing a key or decisive role in the establishment or improvement in an overseas market of free and fair market practice or practices;</text></paragraph><paragraph id="id1f88e0769e624535920fc152ccdeb7f6"><enum>(2)</enum><text>the employee playing a key or decisive role in assisting a United States company to achieve a substantial economic, commercial, or investment goal in an overseas market or markets;</text></paragraph><paragraph id="id1bf84e8de5e14765a6eb72c5f171ec4a"><enum>(3)</enum><text>the employee playing a key or decisive role in the expansion of trade or investment ties with another country or countries;</text></paragraph><paragraph id="idf3164438da594256903a895d90a1aefc"><enum>(4)</enum><text>the employee playing a key or decisive role in the advancement of regional economic integration that has tangible benefits for the United States economy;</text></paragraph><paragraph id="id37e76fc916de46ccb2c5b43861363d74"><enum>(5)</enum><text>the employee demonstrating excellence in advancing United States interests and partnerships in the digital economy;</text></paragraph><paragraph id="id4be32efd9df843dc9df8ff7900ccdb1f"><enum>(6)</enum><text>the employee demonstrating excellence in advancing United States interests and partnerships with respect to infrastructure;</text></paragraph><paragraph id="id997e65bcea1a433096ae645351a332cc"><enum>(7)</enum><text>the employee demonstrating excellence in advancing United States interests and partnerships with respect to energy;</text></paragraph><paragraph id="idf864cf0bd8a74fc19218a65ea911b9f1"><enum>(8)</enum><text>the employee advancing a concrete policy, action, or initiative that counters authoritarian models of economic governance or anti-competitive economic behavior that undermines free markets; or</text></paragraph><paragraph id="idfeca4921cbcc4e59bd81587248e4e6e7"><enum>(9)</enum><text>any combination of such criteria.</text></paragraph></subsection><subsection id="id2980f0ee477b45d3895889121964e003"><enum>(f)</enum><header>Restriction</header><text>The Secretary of State shall not provide an award solely on the basis of an employee demonstrating excellence in one of the following activities:</text><paragraph id="id06cc1bbfd1164c90a96c58ea77d0d2cf"><enum>(1)</enum><text>Providing economic reporting through cables and via other means.</text></paragraph><paragraph id="idcf0a417dc7e445e5962ad8a855c0e628"><enum>(2)</enum><text>Writing a Department report or reports on economic matters.</text></paragraph></subsection><subsection id="id25eb1c7fe476468e909175e39c21eab2"><enum>(g)</enum><header>Authorization of appropriations</header><text>For each of fiscal years 2023 through 2030, there is authorized to be appropriated to the Department of State $150,000 for the purposes of providing cash awards to recipients of the award established under this section.</text></subsection><subsection id="id8bbe37826122477199db17bb4e12f1f7"><enum>(h)</enum><header>Transmission to Congress</header><text>Not later than the end of the relevant fiscal year, the Secretary of State shall submit the following information to the appropriate congressional committees:</text><paragraph id="idd60d594877564297a75df20c43734a88"><enum>(1)</enum><text>The name of each awardee.</text></paragraph><paragraph id="id3a5a2f9b94b34c40945c7c576be5b279"><enum>(2)</enum><text>The current position and Foreign Service or General Schedule rank of each awardee.</text></paragraph><paragraph id="id3cd55337b7464b8786ad6ab7aba6fab1"><enum>(3)</enum><text>A description of the basis on which each awardee received the award.</text></paragraph></subsection></section><after-quoted-block>.</after-quoted-block></quoted-block></section><section id="id6d42293775dc4abcb4d358c24a033113"><enum>103.</enum><header>Report on chiefs of mission and deputy chiefs of mission by cone</header><subsection id="id26b492ba44dc45a5bda4595b099b3896"><enum>(a)</enum><header>Report</header><text>Not later than April 1, 2023, and annually thereafter for four years, the Secretary of State shall submit to the appropriate congressional committees a report that includes—</text><paragraph id="idFC0E5FF6840247489E18575C392BFED2"><enum>(1)</enum><text>the Foreign Service cone of each current chief of mission and deputy chief of mission (or whoever is acting in the capacity of chief or deputy chief of mission if none is present) for each United States embassy in which there is a Foreign Service office filling either of those positions; and</text></paragraph><paragraph id="idC596A8FE92A34727B3541142D61E3A6B"><enum>(2)</enum><text>the aggregated global data for chiefs of mission and deputy chiefs of mission by cone.</text></paragraph></subsection><subsection id="idf5d2c66aacfc4d0c98eecbebdfe0bb75"><enum>(b)</enum><header>Appropriate congressional committees defined</header><text>In this section, the term <term>appropriate congressional committees</term> means—</text><paragraph id="id932ce9a2dfab419694bbf87f295a3517"><enum>(1)</enum><text>the Committee on Foreign Relations of the Senate; and</text></paragraph><paragraph id="id67CF858DC9934D8E9728B89FA36387AF"><enum>(2)</enum><text>the Committee on Foreign Affairs of the House of Representatives.</text></paragraph></subsection></section><section id="id94a11fb23c7a4317b474f80d1bc5ee89"><enum>104.</enum><header>Report on recruitment, retention, and promotion of Foreign Service economic officers</header><subsection id="idef827b77bf234b40afb5cb9c9a873b11"><enum>(a)</enum><header>In general</header><text>Not later than 180 days after the date of the enactment of this Act, the Secretary of State shall submit to the appropriate congressional committees a report on the recruitment, retention, and promotion of economic officers in the Foreign Service.</text></subsection><subsection id="idD4B5C47081C441B78804FB859D41CE4C"><enum>(b)</enum><header>Elements</header><text>The report required by subsection (a) shall include the following:</text><paragraph id="id555d23f7debf47c297fe0f85ce6986d8"><enum>(1)</enum><text>An overview of the key challenges the Department of State faces in recruiting individuals to serve as economic officers in the Foreign Service.</text></paragraph><paragraph id="idabcaba797d8e41b3a6ed3245277b3359"><enum>(2)</enum><text>An overview of the key challenges the Department faces in retaining individuals serving as economic officers in the Foreign Service, particularly at the level of GS–14 of the General Schedule and higher.</text></paragraph><paragraph id="id0dcfba15e0304110a7025e6682539b28"><enum>(3)</enum><text>An overview of the key challenges in recruiting and retaining qualified individuals to serve in economic positions in the civil service.</text></paragraph><paragraph id="ide9043cfead0846eb8dce7c87eb2f4a22"><enum>(4)</enum><text>A comparison of promotion rates for economic officers in the Foreign Service relative to other officers in the Foreign Service.</text></paragraph><paragraph id="id61fb1d3f6c2448be9a2e64c08192a443"><enum>(5)</enum><text>An identification by region of hard-to-fill posts and proposed incentives to improve staffing of economic officers in the Foreign Service at such posts.</text></paragraph><paragraph id="id2e0c49550a24475282eb468f48ad0985"><enum>(6)</enum><text>A summary and analysis of the factors that lead to the promotion of economic officers in the Foreign Service.</text></paragraph><paragraph id="idd40ca7ed6dfe4babbeff966f00b760d0"><enum>(7)</enum><text>A summary and analysis of the factors that lead to the promotion of individuals serving in economic positions in the civil service.</text></paragraph></subsection><subsection id="id27db4eb3839c4d6fba0cf815d4906d76"><enum>(c)</enum><header>Appropriate congressional committees defined</header><text>In this section, the term <term>appropriate congressional committees</term> means—</text><paragraph id="id996b6941211d4c37bef212b3248d06f0" commented="no"><enum>(1)</enum><text>the Committee on Foreign Relations and the Committee on Appropriations of the Senate; and</text></paragraph><paragraph id="id70615ef3ffdb4d62bfc89d7eb979d631" commented="no" display-inline="no-display-inline"><enum>(2)</enum><text>the Committee on Foreign Affairs and the Committee on Appropriations of the House of Representatives. </text></paragraph></subsection></section><section id="id04bdf94d9535493184d3829879615924"><enum>105.</enum><header>Mandate to revise Department of State metrics for successful economic and commercial diplomacy</header><subsection id="idbdd73873580c4f868cb297bc80b58655"><enum>(a)</enum><header>Mandate To revise Department of State performance measures for economic and commercial diplomacy</header><text>The Secretary of State, acting through the Under Secretary for Economic Growth, Energy, and the Environment, shall conduct a full review and revision of Department of State performance measures for economic and commercial diplomacy. The revision shall identify outcome-oriented, and not process-oriented, performance metrics, including metrics that—</text><paragraph id="id84B42F0045834468944F943486902251"><enum>(1)</enum><text>measure how Department of State efforts advanced specific economic and commercial objectives and led to successes for the United States or other private sector actors overseas; and </text></paragraph><paragraph id="id3FBAC9AF387442A4ADBF8E496C9EB0B7"><enum>(2)</enum><text>that focus on customer satisfaction with Department of State services and assistance.</text></paragraph></subsection><subsection id="id8f676cb742034249a350a39bb7861550"><enum>(b)</enum><header>Plan for ensuring complete data for performance measures</header><text>As part of the review required under subsection (a), the Secretary of State shall include a plan for ensuring that the Department of State, both at main headquarters and at domestic and overseas posts, maintains and fully updates data on performance measures to ensure that Department of State leadership and the appropriate congressional committees can evaluate the extent to which the Department is advancing United States economic and commercial interests abroad through meeting performance targets.</text></subsection><subsection id="id693c7ad14447411abcc8828b8ee38816"><enum>(c)</enum><header>Report on private sector surveys</header><text>The Secretary of State, acting through the Under Secretary for Economic Growth, Energy, and the Environment, shall prepare a report that lists and describes any and all methods through which the Department of State conducts surveys of the private sector to measure private sector satisfaction with assistance and services provided by the Department of State to advance private sector economic and commercial goals in foreign markets.</text></subsection><subsection id="ided32b49d4ab04ed6b765a1b80fa9a1eb"><enum>(d)</enum><header>Transmission to Congress</header><paragraph id="ida942e30fc3014ceab3dc9a09f020cc0c"><enum>(1)</enum><header>Report</header><text>Not later than 180 days after the date of the enactment of this Act, the Secretary of State shall submit to the appropriate congressional committees the revised performance metrics required under subsection (b) and the report required under subsection (d).</text></paragraph><paragraph id="id1da0b033dde34f4e8443c55739db85b2"><enum>(2)</enum><header>Briefing</header><text>Not later than 30 days after the report submissions required under paragraph (1), the Under Secretary for Economic Growth, Energy, and the Environment shall brief the appropriate congressional committees.</text></paragraph></subsection><subsection id="id73c7321244b4426c890885e9a0628a9d"><enum>(e)</enum><header>Appropriate congressional committees</header><text>In this section, the term <term>appropriate congressional committees</term> means—</text><paragraph id="id7b02649b3c2d453c9e78c8d1d15e0b6f" commented="no"><enum>(1)</enum><text>the Committee on Foreign Relations of the Senate; and</text></paragraph><paragraph id="id680a6b0fb46149de81cdad7b27443523" commented="no"><enum>(2)</enum><text>the Committee on Foreign Affairs of the House of Representatives.</text></paragraph></subsection></section><enum>II</enum><header>Upping America's game in the field</header><section id="idf11a06677c724e1dbc7bb29b833f6773"><enum>201.</enum><header>Chief of Mission economic responsibilities</header><text display-inline="no-display-inline">Section 207 of the Foreign Service Act of 1980 (<external-xref legal-doc="usc" parsable-cite="usc/22/3927">22 U.S.C. 3927</external-xref>) is amended by adding at the end the following new subsection:</text><quoted-block style="OLC" display-inline="no-display-inline" id="id074D1D96045E4327A433AB06C1D90941"><subsection id="id6d32db51ac6848a19b7642b3f765220b"><enum>(e)</enum><header>Embassy economic team</header><paragraph id="idb923d267188141f4bd5fe23c9a533cf0"><enum>(1)</enum><header>Coordination and supervision responsibility</header><text>The Chief of Mission shall have responsibility for coordinating and supervising the implementation of all United States economic policy interests within the host country, among all United States Government departments and agencies present in that country.</text></paragraph><paragraph id="ide86415148a484255bc1620a02a0663bb"><enum>(2)</enum><header>Accountability</header><text>The Chief of Mission shall be held accountable for the performance of United States missions in advancing United States economic policy interests within the host country, including the activities and initiatives of all United States Government departments and agencies present in that country.</text></paragraph><paragraph id="id4b786ea71561472cb56498ab78dd4893"><enum>(3)</enum><header>Mission economic team</header><text>The Chief of Mission shall form an economic team made up of appropriate embassy staff with responsibility for—</text><subparagraph id="id6207a9f64ca243dd839601f13e60fdd7"><enum>(A)</enum><text>monitoring notable economic developments in the host country; and</text></subparagraph><subparagraph id="id60eb7de6329946a0a18765283bdf49af"><enum>(B)</enum><text>developing plans and strategies for advancing United States economic and commercial interests in the host country including—</text><clause id="iddfe41ac1cfa244ae8dde138f69cb90bd"><enum>(i)</enum><text>tracking legislative, regulatory, judicial, and policy developments that could affect United States economic interests;</text></clause><clause id="ida6fa9edef92843b2bb30ed052de0e84a"><enum>(ii)</enum><text>advocating for best practices with respect to policy and regulatory developments;</text></clause><clause id="id166ffc3d90bf4feb93518ba55aecc0d5"><enum>(iii)</enum><text>conducting a regular analysis of market systems, trends, prospects, and opportunities for value-addition, including risk assessments and constraints analyses of key sectors and of United States strategic competitiveness, and other reporting on commercial opportunities and investment climate; and </text></clause><clause id="id29dcdc49774b4c41b6dff68c387d9b8f"><enum>(iv)</enum><text>providing recommendations for responding to such developments that may adversely affect United States economic and commercial interests.</text></clause></subparagraph></paragraph></subsection><after-quoted-block>.</after-quoted-block></quoted-block></section><section id="ida7af25b7406248b69d01af06c16d17bb"><enum>202.</enum><header>Direction to embassy deal teams</header><subsection id="id94a5ccf7c7fa4ba5ae9e792d8a9137f8"><enum>(a)</enum><header>Purposes</header><text>The purposes of deal teams at United States embassies and consulates are—</text><paragraph id="ide401bfc239d8409eb5c84aa5d3a44fa3"><enum>(1)</enum><text>to promote a private sector-led approach to advance economic growth and job creation, tailored as appropriate to specific economic sectors and while advancing strategic partnerships;</text></paragraph><paragraph id="idd10c6a3ae6be43d18ae22e2a2b45fdb1"><enum>(2)</enum><text>to prioritize efforts to identify commercial opportunities, advocate for improvements in the business and investment climate, engage and consult with private sector partners, and report on such activities, in compliance with the applicable requirements of the Championing American Business Through Diplomacy Act of 2019 (title VII of division J of <external-xref legal-doc="public-law" parsable-cite="pl/116/94">Public Law 116–94</external-xref>; <external-xref legal-doc="usc" parsable-cite="usc/22/9901">22 U.S.C. 9901 et seq.</external-xref>); </text></paragraph><paragraph id="id0666e7f5b77646cdbcbe3d464cc79188"><enum>(3)</enum><text>to identify trade and investment opportunities for United States companies in foreign markets, or assist with existing trade and investment opportunities already identified by United States companies, and deploy United States Government economic and other tools to help such United States companies to secure their objectives;</text></paragraph><paragraph id="idda33a71074f84c8f99856a8e1d66b8f5"><enum>(4)</enum><text>to identify and facilitate opportunities for entities in a host country to increase exports to or investment in the United States in order to grow two-way trade and investment;</text></paragraph><paragraph id="idfbceecd848e94752935e3a53a7ddc770"><enum>(5)</enum><text>to modernize, streamline, and improve access to resources and services designed to promote increased trade and investment opportunities; </text></paragraph><paragraph id="id5e83a11431814b06a50124f297874193"><enum>(6)</enum><text>to identify and secure United States or allied government support, including through the Strategic Infrastructure Fund authorized under section 303(c), of strategic projects, including projects vulnerable to predatory investment by an authoritarian country or entity in such country, where support or investment serves an important United States interest;</text></paragraph><paragraph id="idb511afe3631344dabfc849c6293972c3"><enum>(7)</enum><text>to coordinate across the United States Government to ensure the appropriate and most effective use of United States Government tools to support United States economic and commercial objectives; and</text></paragraph><paragraph id="id829601af2be94bb3bb4fdc07f1ac96a0"><enum>(8)</enum><text>to coordinate with the Central Deal Team located in the United States on all these and other relevant matters.</text></paragraph></subsection><subsection id="idd94bbc0b14f3429f98a18985b1522bd5"><enum>(b)</enum><header>Clarification</header><text>A deal team may, but does not have to, consist of the same personnel as a mission economic team formed pursuant to subsection (d)(3) of section 207 of the Foreign Service Act of 1980 (<external-xref legal-doc="usc" parsable-cite="usc/22/3927">22 U.S.C. 3927</external-xref>), as added by section 201 of this Act.</text></subsection><subsection id="id89a3fc6e606f4fa9a60f3abfe1fa72ca"><enum>(c)</enum><header>Restrictions</header><text>Deal teams may not provide support for, or assist a United States person with a transaction with, a government, or an entity owned or controlled by a government, if the Secretary of State has determined that the government—</text><paragraph id="ida7f04744ec30421a80b3c171a90dbeea"><enum>(1)</enum><text>has repeatedly provided support for acts of international terrorism for purposes of—</text><subparagraph id="id2c10167393bc46a4ad0ede23fbd3d603"><enum>(A)</enum><text>section 1754(c)(1)(A)(i) of the Export Control Reform Act of 2018 (subtitle B of title XVII of <external-xref legal-doc="public-law" parsable-cite="pl/115/232">Public Law 115–232</external-xref>);</text></subparagraph><subparagraph id="idacf3f232a0704ab495cbe52876407ac1"><enum>(B)</enum><text>section 620A(a) of the Foreign Assistance Act of 1961 (<external-xref legal-doc="usc" parsable-cite="usc/22/2371">22 U.S.C. 2371(a)</external-xref>);</text></subparagraph><subparagraph id="id108c1cc0b8ff4071a0bb942aeada114b"><enum>(C)</enum><text>section 40(d) of the Arms Export Control Act (<external-xref legal-doc="usc" parsable-cite="usc/22/2780">22 U.S.C. 2780(d)</external-xref>); or</text></subparagraph><subparagraph id="id3a212d0bf6994088b647ff9b8d8deb11"><enum>(D)</enum><text>any other relevant provision of law; or</text></subparagraph></paragraph><paragraph id="ida1663dc9e9ad4994b40ca3f7f097bac2"><enum>(2)</enum><text>has engaged in a consistent pattern of gross violations of internationally recognized human rights for purposes of section 116(a) or 502B(a)(2) of the Foreign Assistance Act of 1961 (<external-xref legal-doc="usc" parsable-cite="usc/22/2151n">22 U.S.C. 2151n(a)</external-xref> and 2304(a)(2)) or any other relevant provision of law.</text></paragraph></subsection><subsection id="id854d723add294843b612f75a50a35bb6"><enum>(d)</enum><header>Further restrictions</header><paragraph id="id8086b6e7103c419081df10b32debb596"><enum>(1)</enum><header>Prohibition on support of sanctioned persons</header><text>Deal teams may not carry out activities prohibited under United States sanctions laws or regulations, including dealings with persons on the list of specially designated persons and blocked persons maintained by the Office of Foreign Assets Control of the Department of the Treasury, except to the extent otherwise authorized by the Secretary of the Treasury or the Secretary of State.</text></paragraph><paragraph id="id5b347ef9c00b4727b80321d31b651c23"><enum>(2)</enum><header>Prohibition on support of activities subject to sanctions</header><text>Any person receiving support from a deal team must be in compliance with all United States sanctions laws and regulations as a condition for receiving such assistance.</text></paragraph></subsection><subsection id="idbb5e972143ce4a39997f2f0544a62563"><enum>(e)</enum><header>Chief of Mission authority and accountability</header><text>The Chief of Mission is the designated leader of a deal team in a given partner country, and shall be held accountable for the performance and effectiveness of United States deal teams in that country.</text></subsection><subsection id="idcb7a8b562ac044c8902c6bc5e9fd73e2"><enum>(f)</enum><header>Annual guidance cable</header><text>Not later than January 31 each year, the Secretary of State shall send an All Diplomatic and Consular Posts (ALDAC) guidance cable on the role of deal teams that includes relevant and up-to-date information to enhance the effectiveness of deal teams in-country.</text></subsection><subsection id="id02d710447e194ccebd9486f6fed425d5"><enum>(g)</enum><header>Additional guidance cables</header><text>The requirement of an annual ALDAC shall not be construed to preclude the Secretary of State from sending other communications to overseas posts regarding deal teams.</text></subsection><subsection id="id10e7f4f1a1914188b5ca9a651df527c8"><enum>(h)</enum><header>Certification</header><text>Not later than February 10 of each year, the Secretary of State shall certify to Congress that the cable required under subsection (f) was transmitted as an All Diplomatic and Consular Posts (ALDAC) cable, and shall provide a brief summary of the cable, including any major updates or changes compared with the prior annual guidance cable.</text></subsection><subsection id="id2b46d0a82c0849a9a082af2c0a08468d"><enum>(i)</enum><header>Report</header><text>Concurrently with the certification required under subsection (h), the Secretary of State shall submit an unclassified report to the appropriate congressional committees on the activities, achievements, and failures of deal teams, which shall include—</text><paragraph id="id2684421cdb22495f952a7e885cc491a8"><enum>(1)</enum><text>a description of the nature and extent of coordination among relevant Federal departments and agencies; </text></paragraph><paragraph id="ida62ffe98d27849d3bcef2cbf06739e14"><enum>(2)</enum><text>the dollar value of deals successfully completed by deal teams, disaggregated by country;</text></paragraph><paragraph id="id7496b8974e624d3096d1b126fae1ffe7"><enum>(3)</enum><text>the number of United States companies assisted by deal teams who achieved their objectives;</text></paragraph><paragraph id="id324fc5a4f5a1404f91919e9b6a9db82a"><enum>(4)</enum><text>the percentage of United States companies assisted by deal teams who achieved their objectives;</text></paragraph><paragraph id="id209666ea6ea34d43a2864e6591891c17"><enum>(5)</enum><text>a description of any exports to or investment into the United States by partner countries facilitated by deal teams;</text></paragraph><paragraph id="id1efe6af04d544e6ea494941419d420bd"><enum>(6)</enum><text>examples of successful investments, deals, or transactions in the infrastructure, energy, and digital sectors;</text></paragraph><paragraph id="idf7e23514221e49278c5a4651330bb112"><enum>(7)</enum><text>examples where deal team support prevented predatory financing or other involvement by an authoritarian actor; and</text></paragraph><paragraph id="id58aaa62170034b299c29e7d035c92347"><enum>(8)</enum><text>examples of failures of deal teams to achieve stated objectives, any lessons learned, and how deal teams will improve based on those lessons learned.</text></paragraph></subsection><subsection id="idd6273eb8bf834142b2b5b566a79b146b"><enum>(j)</enum><header>Confidentiality of information</header><paragraph id="idaf3bc31d555942c595143a50dbb5eb7f"><enum>(1)</enum><header>In general</header><text>In preparing the certification and the report required under this section, the Secretary of State shall protect from disclosure any proprietary information of a United States person marked as business confidential information, unless the person submitting the information—</text><subparagraph id="idc7d2fb7fd19b46d38323a3a8edfee9da"><enum>(A)</enum><text>had notice, at the time of submission, that the information would be released by; or</text></subparagraph><subparagraph id="id1e988650c0e545d8aa0c738761572af0"><enum>(B)</enum><text>subsequently consents to the release of the information.</text></subparagraph></paragraph><paragraph id="id9eb8d0562d954bf193e6f3a146c08ed8"><enum>(2)</enum><header>Treatment as trade secrets</header><text>Proprietary information obtained by the United States Government from a United States person pursuant to the activities of deal teams shall be—</text><subparagraph id="idf4db2fa091e04682bf9a904689e3f1cc"><enum>(A)</enum><text>considered to be trade secrets and commercial or financial information (as those terms are used for purposes of section 552b(c)(4) of title 5, United States Code); and</text></subparagraph><subparagraph id="id8b5b93c33c204fdda9e62c6c6886280e"><enum>(B)</enum><text>exempt from disclosure without the express approval of the person.</text></subparagraph></paragraph></subsection><subsection id="idb5dd985cd8624439a5fc0203b0dfde1c"><enum>(k)</enum><header>Sunset</header><text>The requirements under subsections (f) through (h) shall terminate five years after the date of the enactment of this Act.</text></subsection></section><section id="id509b583542bc4861b01a3c081e8ca21a"><enum>203.</enum><header>Establishment of a <quote>Deal Team of the Year</quote> award</header><subsection id="id3fd903a619794fe79314fa6774fc521b"><enum>(a)</enum><header>Establishment</header><text>The Secretary of State shall establish a new award to be awarded to one deal team per region at a United States mission annually to recognize outstanding achievements in supporting a United States company or companies pursuing commercial deals abroad or in identifying new deal prospects for United States companies. The award shall be known as the <quote>Deal Team of the Year Award</quote>.</text></subsection><subsection id="idf7e7496799144ad6941b5fd680bdd2be" commented="no"><enum>(b)</enum><header>Award content</header><paragraph commented="no" id="id288C878FDE0C48B8BE7C1E72C969C667"><enum>(1)</enum><header>Department of State</header><text>Each member of a deal team receiving an award pursuant to this section shall receive a certificate that is signed by the Secretary of State and—</text><subparagraph id="id96b55b157bac481496efb24827334c9d" commented="no"><enum>(A)</enum><text>in the case of a member of the Foreign Service, is included in the next employee evaluation report; or</text></subparagraph><subparagraph id="id7d8f8aeb628c473d9221964668846bd0" commented="no"><enum>(B)</enum><text>in the case of a Civil Service employee, is included in the next annual performance review.</text></subparagraph></paragraph><paragraph id="ida291c6d7c4c54152916a47637a34a8f6" commented="no"><enum>(2)</enum><header>Other Federal agencies</header><text>In the case of a United States Government employee that is not employed by the Department of State, the employing agency may determine whether to provide the employee receiving an award under this section any recognition or benefits in addition to those provided by the Department of State.</text></paragraph></subsection><subsection id="id6ea3f40d704e4b5d9e87e0e73d97a3a7"><enum>(c)</enum><header>Eligibility</header><text>Any interagency economics team at a United States overseas mission under Chief of Mission authority that assists United States companies with identifying, navigating, and securing trade and investment opportunities in a foreign country, or that facilitates beneficial foreign investment into the United States is eligible for an award under this section.</text></subsection><subsection id="id5abc9859d357481b843453dfe0bf1f0f"><enum>(d)</enum><header>Transmission to Congress</header><text>Not later than the end of the relevant fiscal year, the Secretary of State shall submit the following information to the appropriate congressional committees:</text><paragraph id="ide63e7f9d95c24288b7d8dd28b2a1b4ef"><enum>(1)</enum><text>The mission receiving the <quote>Deal Team of the Year Award</quote>.</text></paragraph><paragraph id="idf126908788544fb3afb392cd5f6c06ad"><enum>(2)</enum><text>The names and agencies of each awardee within the deal team.</text></paragraph><paragraph id="id12104ca7206844299424ec5a7c975694"><enum>(3)</enum><text>A detailed description of the reason the deal team received the award.</text></paragraph></subsection></section><section id="idb9fcd1ba02fd4727b2b0f236a0cf0f51"><enum>204.</enum><header>Economic defense response teams</header><subsection id="idb6c2a61168d8412c819cafc69d336c84"><enum>(a)</enum><header>Pilot program</header><text>Not later than 180 days after the date of the enactment of this Act, the President, acting through the Secretary of State, who shall coordinate with other relevant Federal departments and agencies, shall develop and implement a pilot program for the creation of deployable economic defense response teams to help provide targeted assistance and support to a country subjected to an urgent or specific threat or use of coercive economic practices by an adversary of the United States. Such assistance and support may include the following activities:</text><paragraph id="id7fe7c27b878c4ca4a301b0b6f0e8c217"><enum>(1)</enum><text>Reducing the partner country’s vulnerability to coercive economic measures.</text></paragraph><paragraph id="iddefc1527099d4512b71ada795cc5a22c"><enum>(2)</enum><text>Minimizing the damage that such measures by an adversary could cause to that country.</text></paragraph><paragraph id="id2b3fe6b3e98b47f09b61f5f79797226b"><enum>(3)</enum><text>Identifying sectors most susceptible to coercive economic behavior and providing suggested tools and strategies for an action plan. </text></paragraph><paragraph id="ida3fac315e99c423da619127b46552783"><enum>(4)</enum><text>Implementing any bilateral or multilateral contingency plans that may exist for responding to the threat or use of such measures.</text></paragraph><paragraph id="idabaa0a033fbc44a99490f9d0ad01d091"><enum>(5)</enum><text>In coordination with the partner country, developing or improving plans and strategies by the country for reducing vulnerabilities and improving responses to such measures in the future.</text></paragraph><paragraph id="id47b0825a40b34fc59cd408b70b264985"><enum>(6)</enum><text>Assisting the partner country in addressing foreign sovereign investment in infrastructure, the defense-industrial base, digital sector, or other strategic sectors that may undermine the partner country’s sovereignty or harm United States national interests.</text></paragraph><paragraph id="idf6c3bf8cc51e4d87b75b1535501e266f"><enum>(7)</enum><text>Assisting the partner country in responding to specific efforts from an adversary attempting to employ coercive economic practices that undermine the partner country’s sovereignty, including efforts that undermine cybersecurity or digital infrastructure of the partner country or initiatives that introduce digital technologies in a manner that undermines freedom, security, and sovereignty of the partner country or its citizens.</text></paragraph><paragraph id="id00ef4d84fd3249c3ba29dbe0c5acbd9a"><enum>(8)</enum><text>Otherwise providing direct and relevant short-to-medium term economic or other assistance from the United States and marshalling other resources in support of effective responses to coercive economic practices.</text></paragraph></subsection><subsection id="id9df078b21f3c47aab229937940813e80"><enum>(b)</enum><header>Institutional support</header><text>The pilot program required by subsection (a) should include the following elements:</text><paragraph id="idd2a795135551412483289089e1051930"><enum>(1)</enum><text>Identification and designation of relevant personnel or ongoing lines of effort within the United States Government with expertise relevant to the objectives specified in subsection (a), including personnel in—</text><subparagraph id="id680f200088334fcfb984c6c998894373"><enum>(A)</enum><text>the Department of State, for overseeing the economic defense response team’s activities, engaging with the partner country government and other stakeholders, and other purposes relevant to advancing the success of the mission of the economic defense response team;</text></subparagraph><subparagraph id="id230f7fee01a14715a342f25f6a0c6e17"><enum>(B)</enum><text>the United States Agency for International Development, for the purposes of providing technical and other assistance, generally;</text></subparagraph><subparagraph id="idf4bf097a55e34cbb86f7d5770690e5cb"><enum>(C)</enum><text>the Department of the Treasury, for the purposes of providing advisory support and assistance on all financial matters and fiscal implications of the crisis at hand;</text></subparagraph><subparagraph id="id3fd6694812644e0c817f9c5ec1cbb389"><enum>(D)</enum><text>the Department of Commerce, for the purposes of providing economic analysis and assistance in market development relevant to the partner country’s response to the crisis at hand, technology security as appropriate, and other matters that may be relevant;</text></subparagraph><subparagraph id="id6094d98ddd3f4889867a11b1d1d440f1"><enum>(E)</enum><text>the Department of Energy, for the purposes of providing advisory services and technical assistance with respect to energy needs as affected by the crisis at hand;</text></subparagraph><subparagraph id="id149a70e8ab1c4b27a6a8fa9d4ddbd05a"><enum>(F)</enum><text>the Department of Homeland Security, for the purposes of providing assistance with respect to digital and cybersecurity matters, and assisting in the development of any contingency plans referred to in paragraphs (3) and (6) of subsection (a) as appropriate;</text></subparagraph><subparagraph id="id8e5ed0cb6bdf4427bb79542ac417d4cd"><enum>(G)</enum><text>the Department of Agriculture, for providing advisory and other assistance with respect to responding to coercive practices such as arbitrary market closures that affect the partner country’s agricultural sector;</text></subparagraph><subparagraph id="id420f958d489f4bcab438803c30f23b7d"><enum>(H)</enum><text>the Office of the United States Trade Representative with respect to providing support and guidance on trade and investment matters;</text></subparagraph><subparagraph id="id0d364d1dcf9e4a409ac61def94de70d5"><enum>(I)</enum><text>the Department of Defense with respect to providing support or assistance on defense sector, transportation infrastructure, and national security-sensitive technologies; and </text></subparagraph><subparagraph id="id7d666195b5984fb99e68a25ee86d01f7"><enum>(J)</enum><text>other Federal departments and agencies as determined by the President.</text></subparagraph></paragraph><paragraph id="iddb7b464a9df1431fb295cfe7ac272fee"><enum>(2)</enum><text>Negotiation of memoranda of understanding, where appropriate, with other United States Government components for the provision of any relevant participating or detailed non-Department of State personnel identified under paragraph (1).</text></paragraph><paragraph id="id48954e24d85140e693554a578edf883f"><enum>(3)</enum><text>Negotiation of contracts, as appropriate, with private sector representatives or other individuals with relevant expertise to advance the objectives specified in subsection (a).</text></paragraph><paragraph id="id2c099d88d1154f738c0edb8128dffd4a"><enum>(4)</enum><text>Development within the United States Government of—</text><subparagraph id="id936e515f0f6d4ca89bf47a32d6e23d64"><enum>(A)</enum><text>appropriate training curricula for relevant experts identified under paragraph (1) and for United States diplomatic personnel in a country actually or potentially threatened by coercive economic practices;</text></subparagraph><subparagraph id="id26651062c03742d2a32a6f5124d81f21"><enum>(B)</enum><text>operational procedures and appropriate protocols for the rapid assembly of such experts into one or more teams for deployment to a country actually or potentially threatened by coercive economic measures; and</text></subparagraph><subparagraph id="ide155b75ec15c44bd85f2c04b79bf2dc4"><enum>(C)</enum><text>procedures for ensuring appropriate support for such teams, including, as applicable, logistical assistance, office space, information support, and communications.</text></subparagraph></paragraph><paragraph id="id36da86217780469393f7c1590be13ae9"><enum>(5)</enum><text>Clear direction to United States diplomatic missions on the rapid and effective deployment of such teams, if necessary, and the establishment of appropriate liaison relationships with local public and private sector officials and entities.</text></paragraph></subsection><subsection id="idc2a9e17b3b4b41e2b02c959400cfabd9"><enum>(c)</enum><header>Reports required</header><paragraph id="id041f1add08ad4da98d7a318b8137fedd"><enum>(1)</enum><header>Report on establishment</header><text>Upon establishment of the pilot program required by subsection (a), the Secretary of State shall provide the appropriate committees of Congress with a detailed report and briefing describing the pilot program, the major elements of the program, the personnel and institutions involved, and the degree to which the program incorporates the elements described in subsection (a).</text></paragraph><paragraph id="id71e4cf8dde08456994f15196404c72e1"><enum>(2)</enum><header>Follow-up report</header><text>Not later than one year after the report required by paragraph (1), the Secretary of State shall provide the appropriate committees of Congress with a detailed report and briefing describing the operations over the previous year of the pilot program established pursuant to subsection (a), as well as the Secretary’s assessment of its performance and suitability for becoming a permanent program.</text></paragraph><paragraph id="idcbf46b63a6ae4d79aabb3eb66b95d666"><enum>(3)</enum><header>Form</header><text>Each report required under this subsection shall be submitted in unclassified form, but may include a classified annex.</text></paragraph></subsection><subsection id="id44c9875c4b914062a939f01a24c1f1c5"><enum>(d)</enum><header>Declaration of a major economic threat required</header><paragraph id="id529891fbddcd4e2db8b5e03277a1ae80"><enum>(1)</enum><header>Notification</header><text>The President may activate an economic defense response team for a period of 180 days under the authorities of this section to assist a partner country in responding to an unusual and extraordinary economic coercive threat by an adversary of the United States upon the declaration of a coercive economic emergency, together with notification to the Committee on Foreign Relations of the Senate and the Committee on Foreign Affairs of the House of Representatives.</text></paragraph><paragraph id="id51c623ad99334b2783d8ad90ff42112d"><enum>(2)</enum><header>Extension authority</header><text>The President may activate the response team for an additional 180 days upon the submission of a detailed analysis to the committees described in paragraph (1) justifying why the continued deployment of the economic defense response team in response to the economic emergency is in the national interests of the United States.</text></paragraph></subsection><subsection id="idb73aaf3791be4a55a2a5aab91da0e84f"><enum>(e)</enum><header>Sunset</header><text>The authorities provided under this section shall expire on December 31, 2026.</text></subsection><subsection id="id023b449a16d7415da0be08a9def8aab5"><enum>(f)</enum><header>Authorization of appropriations</header><text>There is authorized to be appropriated $20,000,000 for each of fiscal years 2023 through 2027.</text></subsection><subsection id="idae0b1fbc04eb4b08a44cb3e643e3625a"><enum>(g)</enum><header>Rule of construction</header><text>Neither the authority to declare an economic crisis provided for in subsection (d), nor the declaration of an economic crisis pursuant to subsection (d), shall confer or be construed to confer any authority, power, duty, or responsibility to the President other than the authority to activate an economic defense response team as described in this section.</text></subsection><subsection id="ida27f362ad3a345ec90e1e90bfdfc2ced"><enum>(h)</enum><header>Appropriate committees of Congress defined</header><text>In this section, the term <term>appropriate committees of Congress</term> means—</text><paragraph id="id8e9cd2b85e464c488254e498138062b5"><enum>(1)</enum><text>the Committee on Foreign Relations, the Committee on Banking, Housing, and Urban Affairs, the Committee on Commerce, Science, and Transportation, the Committee on Energy and Natural Resources, the Committee on Agriculture, Nutrition, and Forestry, the Committee on Armed Services, and the Committee on Finance of the Senate; and</text></paragraph><paragraph id="id248649fcb921458cabe552b955e39fec"><enum>(2)</enum><text>the Committee on Foreign Affairs, the Committee on Financial Services, the Committee on Energy and Commerce, the Committee on Agriculture, the Committee on Armed Services, and the Committee on Ways and Means of the House of Representatives.</text></paragraph></subsection></section><enum>III</enum><header>Cooperating with allies and partners</header><section id="id56ae6214da114824a800eecc151ccd7c"><enum>301.</enum><header>Investing in talent in Southeast Asia and the Pacific Islands</header><subsection id="id0d0201f05a7241f4ae1800c19d395941"><enum>(a)</enum><header>Definitions</header><text>In this section:</text><paragraph id="idb814bbae7f6e43a9b5aa2b6af3eff3a1"><enum>(1)</enum><header>Appropriate congressional committees</header><text>The term <term>appropriate congressional committees</term> means—</text><subparagraph id="id18c9b8ea37734e6a884c79f46c14b6b6"><enum>(A)</enum><text>the Committee on Foreign Relations and the Committee on Appropriations of the Senate; and</text></subparagraph><subparagraph id="id85ce1bd1b8044803b04126e8361f283c" commented="no" display-inline="no-display-inline"><enum>(B)</enum><text>the Committee on Foreign Affairs and the Committee on Appropriations of the House of Representatives. </text></subparagraph></paragraph><paragraph id="id0623bf973abc4e368afc72d407cb2f13"><enum>(2)</enum><header>Pacific Islands</header><text>The term <term>Pacific Islands</term> means the nations of Federated States of Micronesia, Fiji, Kiribati, Nauru, Palau, Papua New Guinea, Republic of Marshall Islands, Samoa, Solomon Islands, Tonga, Tuvalu, and Vanuatu. </text></paragraph><paragraph id="id7b60e64729854313bf607894e130a8e7"><enum>(3)</enum><header>Southeast Asia</header><text>The term <term>Southeast Asia</term> means the nations of Brunei Darussalam, Cambodia, Indonesia, Lao PDR, Malaysia, Myanmar, the Philippines, Singapore, Thailand, Vietnam, and Timor-Leste.</text></paragraph></subsection><subsection id="ideb612a67eaa746909ee844ef166748a2"><enum>(b)</enum><header> Establishment of center of excellence</header><text>The Secretary, in coordination with the heads of relevant Federal departments and agencies, is authorized to enter into public-private partnerships and establish a center of excellence located in a Southeast Asian country to build and enhance the technical capacity of officials, emerging leaders, and other qualified persons from countries in Southeast Asia and the Pacific Islands.</text></subsection><subsection id="idfa78267b29414c8aa8f43af152089dc1"><enum>(c)</enum><header>Priority areas for technical assistance and capacity building</header><text>The center of excellence established under subsection (b) will provide technical assistance and capacity building in the following areas:</text><paragraph id="idc4924f36ef944f3ba6fcf088f64e0ae5"><enum>(1)</enum><text>Revenue, customs, and income.</text></paragraph><paragraph id="id25c5becb3f8d4bf2847d32dba14f6c29"><enum>(2)</enum><text>Regulatory management.</text></paragraph><paragraph id="ida335279bb16a4668b94b44d583d2f5fe"><enum>(3)</enum><text>Procurement processes, including tendering, bidding, and contract negotiation.</text></paragraph><paragraph id="idb10f897d95a341dba655b4717bee5e1c"><enum>(4)</enum><text>Budget management and oversight.</text></paragraph><paragraph id="id170c85fa62474e00a1a45b351f8e4288"><enum>(5)</enum><text>Management of key economic sectors, including energy, digital economy, and infrastructure.</text></paragraph></subsection><subsection id="id64ba9ee03b7643d8b73d3884f793ca1b"><enum>(d)</enum><header> Terms and conditions</header><text>The program authorized under this section shall—</text><paragraph id="idf30383ba90ba40ea9a2be3d81b72d59b"><enum>(1)</enum><text>leverage existing United States foreign assistance programs and activities in Southeast Asia and the Pacific Islands, which may include assistance provided under—</text><subparagraph id="idd579d177e8a947e3894e348f200591e6"><enum>(A)</enum><text>future leaders initiatives, such as the Young Southeast Asia Leaders Initiative and the Young Pacific Leaders Program;</text></subparagraph><subparagraph id="id08c5b12fc9dc4ed482e9244dcaa1782f"><enum>(B)</enum><text>the American Schools and Hospitals Abroad Act (<external-xref legal-doc="usc" parsable-cite="usc/22/2174">22 U.S.C. 2174</external-xref>);</text></subparagraph><subparagraph id="idd6f34d97738b4d8baa6927b8e4dd2f00"><enum>(C)</enum><text>the Millennium Challenge Act of 2003 (<external-xref legal-doc="usc" parsable-cite="usc/22/7701">22 U.S.C. 7701</external-xref>);</text></subparagraph><subparagraph id="id4545861a46c242f9898dec6ea5f816bc"><enum>(D)</enum><text>U.S.-Support for Economic Growth in Asia (US–SEGA); and</text></subparagraph><subparagraph id="id0cef2d61ad274f8fadd6e28b7724674f"><enum>(E)</enum><text>other relevant education or scholarship programs;</text></subparagraph></paragraph><paragraph id="id1242cf375de846f39d83c81330cd2b5e"><enum>(2)</enum><text>be supported by instructors that—</text><subparagraph id="id0094af43dc4c44fb8443cbb69e4f9368" commented="no"><enum>(A)</enum><clause commented="no" display-inline="yes-display-inline" id="id111DB25F5D7941018EFF295ACA148650"><enum>(i)</enum><text>currently serve in relevant areas of the United States Government with a rank of not less than 12 on the GS scale; or</text></clause><clause commented="no" id="id3B732B1A33B34B50B048B7F8605279DD" indent="up1"><enum>(ii)</enum><text>possess at least ten years of experience relevant to the areas of instruction identified in subsection (c);</text></clause></subparagraph><subparagraph id="idcdc17bf255e94ba1975dd552c568145c" commented="no"><enum>(B)</enum><text>meet high professional standards within their fields; and</text></subparagraph><subparagraph id="id5b62ffef754c4347a362468b9e55afaa" commented="no"><enum>(C)</enum><text>are contracted by the center of excellence established under subsection (b) or are deployed or detailed directly from a Federal Government agency;</text></subparagraph></paragraph><paragraph id="id87da2b8701ca4b85a2acf7c2fc43fbdb"><enum>(3)</enum><text>seek to attract participants who—</text><subparagraph id="id8aeb2ee9ffcf432592d9f4956f8573af" commented="no"><enum>(A)</enum><clause commented="no" display-inline="yes-display-inline" id="id1645D87A420346C69B8F0058A1308F74"><enum>(i)</enum><text>are currently senior or mid-career officials in key technical ministries of participating countries in Southeast Asia or the Pacific Islands;</text></clause><clause commented="no" indent="up1" id="id77594E518F34440CACBDDDD502DBE3A5"><enum>(ii)</enum><text>have demonstrated leadership potential and direct responsibility for crafting or implementing policies relevant to the areas of instruction identified in subsection (c); and </text></clause><clause commented="no" indent="up1" id="id29BCFBE37AC04C3EB755D88B64C2616C"><enum>(iii)</enum><text>commit to return to government service for a period of not less than five years after completing the program outlined in this section; or</text></clause></subparagraph><subparagraph id="id10e2533227b84dffb66080ea84c3155e"><enum>(B)</enum><text>are currently employed in utilities, publicly or privately owned companies, or other nongovernment entities with direct responsibility for crafting or implementing policies relevant to the areas of instruction identified in subsection (c); and</text></subparagraph></paragraph><paragraph id="idb750196a8792419189975824464617a7"><enum>(4)</enum><text>require financial or in-kind contributions from participating governments, commensurate with the gross domestic product of the countries.</text></paragraph></subsection><subsection id="id95f7335d2c7a4831b07334a227fb3b3f"><enum>(e)</enum><header>Authorization To enter into memoranda of understanding</header><text>To fulfill the terms and conditions specified by subsection (d), the Secretary of State is authorized to enter into memoranda of understanding with participating governments to determine what financial or in-kind contributions will be made by the United States and what financial or in-kind contributions will be made by the participating government.</text></subsection><subsection id="idca9c094bd8c64687b50851a49c85fa86"><enum>(f)</enum><header>Specification for memoranda of understanding</header><text>The value of financial or in-kind contributions by the United States and a particular participating government shall be determined and audited by an independent entity chosen by mutual agreement of the United States and such government.</text></subsection><subsection id="id639a367746fc4be7b0cc6cf072e8e9ae"><enum>(g)</enum><header>Consultation and reporting requirements</header><paragraph id="id0d453c0e41df414d9644240b70e810c0"><enum>(1)</enum><header>Consultation</header><text>The Secretary shall consult with the appropriate congressional committees prior to the obligation of funds authorized to be appropriated under this Act.</text></paragraph><paragraph id="idba101c5aeee84308ae614a7b2e1e0635"><enum>(2)</enum><header>Consultation on expansion outside Southeast Asia and the Pacific Islands</header><text>The Secretary shall consult with the appropriate congressional committees prior to expanding the availability of this program to nations outside of Southeast Asia and the Pacific Islands.</text></paragraph><paragraph id="id64f7ec1756d742bd8e7582dc332c4c15"><enum>(3)</enum><header>Annual report</header><text>The Secretary shall submit to the appropriate congressional committees an annual report on the activities of the program authorized under this subsection through fiscal year 2025. The report shall include—</text><subparagraph id="idff6ae2860a374909814275bf0b3aa874"><enum>(A)</enum><text>a description of all major activities in the previous year;</text></subparagraph><subparagraph id="id2e664065fac642bb947c7d8ae671654f"><enum>(B)</enum><text>a description of the financial and other contributions of the United States Government;</text></subparagraph><subparagraph id="idb76e4406ec1040f98873b96fb9122d49"><enum>(C)</enum><text>a description of the contributions made by governments in Southeast Asia or the Pacific Islands;</text></subparagraph><subparagraph id="id0f3b449707714a5598cf822191c5b009"><enum>(D)</enum><text>an assessment of the program’s successes; and</text></subparagraph><subparagraph id="ide6d4620897f24cd8877d06612e65e24d"><enum>(E)</enum><text>an assessment of any required authorities, funding, or other alterations to improve the program’s effectiveness.</text></subparagraph></paragraph></subsection><subsection id="id0a7d2113f1e9473b9e340e4eb2bd6155"><enum>(h)</enum><header>Authorization of appropriations</header><text>There is authorized to be appropriated $15,000,000 for each of fiscal years 2023 through 2027 to carry out this section. </text></subsection></section><section id="idf4e7b43223b346ab9415b534bd425529"><enum>302.</enum><header>Regulatory exchanges with allies and partners</header><subsection id="idf08f3c55f1c1460fa5f1f0cc6aab6bf3"><enum>(a)</enum><header>In general</header><text>The Secretary of State, in coordination with the heads of other participating Federal agencies, shall establish and develop a program to facilitate and encourage regular dialogues between United States Government regulatory and technical agencies and their counterpart organizations in allied and partner countries, both bilaterally and in relevant multilateral institutions and organizations—</text><paragraph id="idca2e1fd2ecdc4fa0a74ead63d954c1bd"><enum>(1)</enum><text>to promote best practices in regulatory formation and implementation;</text></paragraph><paragraph id="id965589360dfb45f6af45ec8f9ed35711"><enum>(2)</enum><text>to collaborate to achieve optimal regulatory outcomes based on scientific, technical, and other relevant principles;</text></paragraph><paragraph id="id61b2e2eee1974acdbe905d120201b9fb"><enum>(3)</enum><text>to seek better harmonization and alignment of regulations and regulatory practices;</text></paragraph><paragraph id="id8e168480784c4afe99c8063a411fe36d"><enum>(4)</enum><text>to build consensus around industry and technical standards in emerging sectors that will drive future global economic growth and commerce; and</text></paragraph><paragraph id="idc1673ef1ae8544f090d62af18ee19c82"><enum>(5)</enum><text>to promote United States standards regarding environmental, labor, and other relevant protections in regulatory formation and implementation, in keeping with the values of free and open societies, including the rule of law.</text></paragraph></subsection><subsection id="id2fb7f954aa8547dc890710fb1102717f"><enum>(b)</enum><header>Prioritization of activities</header><text>In facilitating expert exchanges under subsection (a), the Secretary shall prioritize—</text><paragraph id="idba661c81d916496a84f851de9bb4158d"><enum>(1)</enum><text>bilateral coordination and collaboration with countries where greater regulatory coherence, harmonization of standards, or communication and dialogue between technical agencies is achievable and best advances the economic and national security interests of the United States;</text></paragraph><paragraph id="id9a1ceae784bd420c9fd11def16a17490"><enum>(2)</enum><text>multilateral coordination and collaboration where greater regulatory coherence, harmonization of standards, or dialogue on other relevant regulatory matters is achievable and best advances the economic and national security interests of the United States, including with—</text><subparagraph id="idbfb71378a69a4d9688db5801acf12b49"><enum>(A)</enum><text>the European Union;</text></subparagraph><subparagraph id="id795082c684774bbab0efb9977efeeaf4"><enum>(B)</enum><text>the Asia-Pacific Economic Cooperation;</text></subparagraph><subparagraph id="id5c90e09e54664130b11eb41e94c6c4fc"><enum>(C)</enum><text>the Association of Southeast Asian Nations (ASEAN);</text></subparagraph><subparagraph id="id861f12294b3049979318c6afd5d376b1"><enum>(D)</enum><text>the Organization for Economic Cooperation and Development (OECD); and</text></subparagraph><subparagraph id="idef81ac8aebc64cada378f51204fec1b2"><enum>(E)</enum><text>multilateral development banks; and</text></subparagraph></paragraph><paragraph id="id2d54023d10c848bcb98c3e4bf78f556c"><enum>(3)</enum><text>regulatory practices and standards-setting bodies focused on key economic sectors and emerging technologies.</text></paragraph></subsection><subsection id="ide7102c1ed84e4461a9864f23da3bef7d"><enum>(c)</enum><header>Participation by nongovernmental entities</header><text>With regard to the program described in subsection (a), the Secretary of State may facilitate, including through the use of amounts appropriated pursuant to subsection (e), the participation of private sector representatives, and other relevant organizations and individuals with relevant expertise, as appropriate and to the extent that such participation advances the goals of such program.</text></subsection><subsection id="id0d21c264aaac4ca085d43d276b07a3e1"><enum>(d)</enum><header>Delegation of authority by the Secretary</header><text>The Secretary of State is authorized to delegate the responsibilities described in this section to the Under Secretary of State for Economic Growth, Energy, and the Environment.</text></subsection><subsection id="idec7a16741a9442aca6b5bdaf94d5e942"><enum>(e)</enum><header>Authorization of appropriations</header><paragraph id="idcec0b72b3f5a4461bb8fc20d5ff32cf7"><enum>(1)</enum><header>In general</header><text>There is authorized to be appropriated $2,500,000 for each of fiscal years 2022 through 2026 to carry out this section.</text></paragraph><paragraph id="idc3750d5bd38e4636b51042072efa2715"><enum>(2)</enum><header>Use of funds</header><text>The Secretary may make available amounts appropriated pursuant to paragraph (1) in a manner that—</text><subparagraph id="id48da71500ba64b919af17c4e9bff971d"><enum>(A)</enum><text>facilitates participation by representatives from technical agencies within the United States Government and their counterparts; and</text></subparagraph><subparagraph id="id549d4eca97894c1d92f7a34cd9a7e4cb"><enum>(B)</enum><text>complies with applicable procedural requirements under the State Department Basic Authorities Act of 1956 (<external-xref legal-doc="usc" parsable-cite="usc/22/2651a">22 U.S.C. 2651a et seq.</external-xref>) and the Foreign Assistance Act of 1961 (<external-xref legal-doc="usc" parsable-cite="usc/22/2151">22 U.S.C. 2151 et seq.</external-xref>).</text></subparagraph></paragraph></subsection></section><section id="id5f195ca56b1f43f29920910612a6e270"><enum>303.</enum><header>Infrastructure Transaction and Assistance Network</header><subsection id="id72d7c5bb8f744abc85558b001acd7661"><enum>(a)</enum><header>Authority</header><text>The Secretary of State is authorized to establish an initiative, to be known as the <quote>Infrastructure Transaction and Assistance Network</quote>, under which the Secretary of State, in consultation with other relevant Federal agencies, may carry out various programs to advance the development of sustainable, transparent, and high-quality infrastructure in the Indo-Pacific region by—</text><paragraph id="id1bc5a832a7ca4ab4a84794e013d94e42"><enum>(1)</enum><text>strengthening capacity-building programs to improve project evaluation processes, regulatory and procurement environments, and project preparation capacity of countries that are partners of the United States in such development;</text></paragraph><paragraph id="id50aa087d6094421aa858ad811d8ba6a2"><enum>(2)</enum><text>providing transaction advisory services and project preparation assistance to support sustainable infrastructure; and</text></paragraph><paragraph id="id0ff4e400869844cf8492f14486c417ed"><enum>(3)</enum><text>coordinating the provision of United States assistance for the development of infrastructure, including infrastructure that utilizes United States-manufactured goods and services, and catalyzing investment led by the private sector.</text></paragraph></subsection><subsection id="ide0ad840dee814ca6a99f6c2bae120972"><enum>(b)</enum><header>Transaction Advisory Fund</header><text>As part of the <quote>Infrastructure Transaction and Assistance Network</quote> described under subsection (a), the Secretary of State is authorized to provide support, including through the Transaction Advisory Fund, for advisory services to help boost the capacity of partner countries to evaluate contracts and assess financial, environmental, or other relevant impacts of potential infrastructure projects, including through providing services such as—</text><paragraph id="ideb8fe297ddf7474e96e0684b27c0276b"><enum>(1)</enum><text>legal services;</text></paragraph><paragraph id="id6d4b3dc998ca4eab9b789fc469b1a4de"><enum>(2)</enum><text>project preparation and feasibility studies;</text></paragraph><paragraph id="id0ca8c64e699743438c9b795afc29872c"><enum>(3)</enum><text>debt sustainability analyses;</text></paragraph><paragraph id="id29b5b893e75d4540a56d3419c8527207"><enum>(4)</enum><text>bid or proposal evaluation; and</text></paragraph><paragraph id="idaad984844a0d46e78f1f96172925a0be"><enum>(5)</enum><text>other services relevant to advancing the development of sustainable, transparent, and high-quality infrastructure.</text></paragraph></subsection><subsection id="id9b4669f9eb4e48258076c04d56739e61"><enum>(c)</enum><header>Strategic Infrastructure Fund</header><paragraph id="idfacdf643051346ebb4bc40d8a732e864"><enum>(1)</enum><header>In general</header><text>As part of the <quote>Infrastructure Transaction and Assistance Network</quote> described under subsection (a), the Secretary of State is authorized to provide support, including through the Strategic Infrastructure Fund, for technical assistance, project preparation, pipeline development, and other infrastructure project support.</text></paragraph><paragraph id="id0402bb3125df42cf8deb0dc52a40034c"><enum>(2)</enum><header>Joint infrastructure projects</header><text>Funds authorized for the Strategic Infrastructure Fund should be used in coordination with the Department of Defense, the International Development Finance Corporation, like-minded donor partners, and multilateral banks, as appropriate, to support joint infrastructure projects in the Indo-Pacific region.</text></paragraph><paragraph id="idb4f6ff4d42064ae7b77e7258d397c9d9"><enum>(3)</enum><header>Strategic infrastructure projects</header><text>Funds authorized for the Strategic Infrastructure Fund should be used to support strategic infrastructure projects that are in the national security interest of the United States and vulnerable to strategic competitors.</text></paragraph></subsection><subsection id="idc666da1417f64bdbaacc4ed988062448"><enum>(d)</enum><header>Authorization of appropriations</header><text>There is authorized to be appropriated, for each of fiscal years 2022 to 2026, $75,000,000 to the Infrastructure Transaction and Assistance Network, of which $20,000,000 is to be provided for the Transaction Advisory Fund.</text></subsection></section><section id="idc2a0ed2fa0964daaa86eb40ef41c29eb"><enum>304.</enum><header>Digital Connectivity and Cybersecurity Partnership</header><subsection id="id16c1a196e9df4a8ab8fdac47161860dc"><enum>(a)</enum><header>Digital Connectivity and Cybersecurity Partnership</header><text>The Secretary of State is authorized to establish a program, to be known as the <quote>Digital Connectivity and Cybersecurity Partnership</quote> to help foreign countries—</text><paragraph id="id080562f21f9e4ce79abc910fb0d7ed41"><enum>(1)</enum><text>expand and increase secure internet access and digital infrastructure in emerging markets;</text></paragraph><paragraph id="id08a8bd7de9694844b332515685c83e2f"><enum>(2)</enum><text>protect technological assets, including data;</text></paragraph><paragraph id="idf5e5b77cee1249ecb7bc3a236e6fdc0f"><enum>(3)</enum><text>adopt policies and regulatory positions that foster and encourage open, interoperable, reliable, and secure internet, the free flow of data, multi-stakeholder models of internet governance, and pro-competitive and secure information and communications technology (ICT) policies and regulations;</text></paragraph><paragraph id="id73a2d5e65d2d48b5ad69a6610c88f855"><enum>(4)</enum><text>promote exports of United States ICT goods and services and increase United States company market share in target markets;</text></paragraph><paragraph id="id2f46193eb20349ad8ba330780ec15e04"><enum>(5)</enum><text>promote the diversification of ICT goods and supply chain services to be less reliant on imports from the People's Republic of China; and</text></paragraph><paragraph id="id7984799cca3745bda58de7eb307075d2"><enum>(6)</enum><text>build cybersecurity capacity, expand interoperability, and promote best practices for a national approach to cybersecurity.</text></paragraph></subsection><subsection id="id8fa11523f8bd4512a3044615c3a2f092"><enum>(b)</enum><header>Implementation plan</header><text>Not later than 180 days after the date of the enactment of this Act, the Secretary of State shall submit to the appropriate committees of Congress an implementation plan for the coming year to advance the goals identified in subsection (a).</text></subsection><subsection id="ida3c3c7155abc4ade84a17533e4c34aee"><enum>(c)</enum><header>Consultation</header><text>In developing the action plan required by subsection (b), the Secretary of State shall consult with—</text><paragraph id="ided1dd3b0f2b848abb11f2a75f4e6f557"><enum>(1)</enum><text>the appropriate congressional committees;</text></paragraph><paragraph id="ida1b74d998317414eb50277221c619c02"><enum>(2)</enum><text>leaders of the United States industry;</text></paragraph><paragraph id="idfb0f73b6ba3242c685d2bffae17a93d7"><enum>(3)</enum><text>other relevant technology experts, including the Open Technology Fund;</text></paragraph><paragraph id="ida7939289b61f4b45afe483812982d1af"><enum>(4)</enum><text>representatives from relevant United States Government agencies; and</text></paragraph><paragraph id="id2f3ee75f39ea4cf5a837a3adcbbab88e"><enum>(5)</enum><text>representatives from like-minded allies and partners.</text></paragraph></subsection><subsection id="id7deff84c723046eb802e5dfaade3e360"><enum>(d)</enum><header>Briefing requirement</header><text>Not later than 180 days after the date of the enactment of this Act, and annually thereafter for five years, the Secretary of State shall provide the appropriate congressional committees a briefing on the implementation of the plan required by subsection (b).</text></subsection><subsection id="idfe964db68aca44f7981f6f69bcf00dd5"><enum>(e)</enum><header>Authorization of appropriations</header><text>There is authorized to be appropriated $100,000,000 for each of fiscal years 2022 through 2026 to carry out this section.</text></subsection></section><enum>IV</enum><header>Boosting international trade and investment</header><section id="id36dcb740acf24105b49fa7df31c0db98"><enum>401.</enum><header>Pilot program to audit barriers to trade in developing partner countries</header><subsection id="idb7b21a600ccd4de2934c13efcdf5b7cb"><enum>(a)</enum><header>Establishment</header><text>The Secretary of State shall establish a pilot program—</text><paragraph id="idBC3FBA0A96B8465B8B09C9ABC793A608"><enum>(1)</enum><text>to identify and evaluate barriers to trade and investment in developing countries that are partners of the United States; and </text></paragraph><paragraph id="idE640A1B3B9E94E8787F601C8E83C58B9"><enum>(2)</enum><text>to provide assistance relating to trade capacity building and trade facilitation to those countries.</text></paragraph></subsection><subsection id="id98dbd664305b423cbeb1898d5ae32c8e"><enum>(b)</enum><header>Purposes</header><text>Under the pilot program established under subsection (a), the Secretary shall, in partnership with the countries selected under subsection (c)(1) to participate in the pilot program—</text><paragraph id="id85428abed0384a01bc47d2e585b8e16c"><enum>(1)</enum><text>identify barriers in those countries to enhancing international trade and investment with the goal of setting priorities for the efficient use of United States trade-related assistance; </text></paragraph><paragraph id="id9CA9B88095CB401AB3BFFE212F1907D6"><enum>(2)</enum><text>focus United States trade-related assistance on building self-sustaining institutional capacity for expanding international trade in those countries, consistent with international obligations and commitments; and</text></paragraph><paragraph id="idedb11c47226c434f95062f64ce56c96f"><enum>(3)</enum><text>further the national interests of the United States by—</text><subparagraph id="id672e38a2521942e39d0c299b49fa1fbe"><enum>(A)</enum><text>expanding prosperity through the elimination of foreign barriers to trade and investment;</text></subparagraph><subparagraph id="id613d04e56d4a428781ec50d4ca7ad11e"><enum>(B)</enum><text>assisting the countries selected under subsection (c)(1) to identify and reduce barriers to—</text><clause id="idAB66F11B8D794CDCA3B01817A4DB1B4B"><enum>(i)</enum><text>the movement of goods in international commerce; and </text></clause><clause id="id51CCBE349A334C9181ADEA3CDEEBA489"><enum>(ii)</enum><text>foreign investment;</text></clause></subparagraph><subparagraph id="id01ac03e2f1ae4322900b382e77540b26"><enum>(C)</enum><text>assisting those countries in undertaking reforms that will encourage economic engagement and sustainable development; and</text></subparagraph><subparagraph id="id39301384921148f9899a89431ca408a3"><enum>(D)</enum><text>assisting private sector entities in those countries to engage in reform efforts and enhance productive global supply chain partnerships with the United States and allies and partners of the United States.</text></subparagraph></paragraph></subsection><subsection id="id3e4f7c49f24d412b8dd5e98abb332850"><enum>(c)</enum><header>Selection of countries</header><paragraph id="idfb0c4ffbc59143e991f0c0c3b85fe4ba"><enum>(1)</enum><header>In general</header><text>The Secretary shall select countries for participation in the pilot program under subsection (a) from among countries—</text><subparagraph id="id743E8DE760924A9EA968243B9B039745"><enum>(A)</enum><text>that are developing countries and partners of the United States;</text></subparagraph><subparagraph id="ide5517248ac4e4f3da8bda89a7d176bb0"><enum>(B)</enum><text>the governments of which have clearly demonstrated a willingness to make appropriate legal, policy, and regulatory reforms by adopting internationally recognized best practices that are proven to stimulate economic growth and job creation, consistent with international trade rules and practices; and</text></subparagraph><subparagraph id="idE48AB8994B8943E1B62F7A307F6DE965"><enum>(C)</enum><text>that meet such additional criteria as may be established jointly by the Secretary and the Administrator of the United States Agency for International Development.</text></subparagraph></paragraph><paragraph id="id21420CAFC7C24312BA0C04730DD6E359"><enum>(2)</enum><header>Considerations for additional criteria</header><text>In establishing additional criteria under paragraph (1)(C), the Secretary and the Administrator shall—</text><subparagraph id="id05c876d1c23b47e0b6a92d7fa85845e7" commented="no"><enum>(A)</enum><text>identify and address structural weaknesses, systemic flaws, or other impediments within countries that may be considered for participation in the pilot program under subsection (a) that impact the effectiveness of United States trade-related assistance and make recommendations for addressing those weaknesses, flaws, and impediments;</text></subparagraph><subparagraph id="idd030c6cfdb944c9f878155fee0a3214f" commented="no"><enum>(B)</enum><text>set priorities for trade capacity building to focus resources on countries where the provision of trade-related assistance can deliver the best value in identifying and eliminating barriers to trade and investment, including by fostering adherence to international trade obligations; and</text></subparagraph><subparagraph id="idc29b1fa62e4d48c48cc25a4a853d3460" commented="no"><enum>(C)</enum><text>developing appropriate performance measures and establishing annual targets to monitor and assess progress toward those targets, including measures to be used to terminate the provision of assistance determined to be ineffective. </text></subparagraph></paragraph><paragraph id="idfe5c1d8f2561424184180cee7ee107e2"><enum>(3)</enum><header>Number and deadline for selections</header><subparagraph id="idE944D78686704FF3830DE4DEFDCF69A5"><enum>(A)</enum><header>In general</header><text>Not later than 270 days after the date of the enactment of this Act, and annually thereafter, the Secretary, with the concurrence of the United States Trade Representative and the Administrator, shall select countries under paragraph (1) for participation in the pilot program under subsection (a).</text></subparagraph><subparagraph id="idC7F3C0EC04F94318B40A59C170562ADA"><enum>(B)</enum><header>Number</header><text>The Secretary shall select for participation in the pilot program under subsection (a)—</text><clause id="idFB74F7C30FBA46E3A39122790A1B806E"><enum>(i)</enum><text>not fewer than 5 countries during the one-year period beginning on the date of the enactment of this Act; and </text></clause><clause id="id90B601FA17C24415AB465BA76E7AB3FB"><enum>(ii)</enum><text>not fewer than 15 countries during the 5-year period beginning on such date of enactment.</text></clause></subparagraph></paragraph><paragraph id="id66D9057F6C0343C6952C8FCA195589E9"><enum>(4)</enum><header>Prioritization based on recommendations from chiefs of mission</header><text>In selecting countries under paragraph (1) for participation in the pilot program under subsection (a), the Secretary, with the concurrence of the Trade Representative and the Administrator, shall prioritize countries recommended by chiefs of mission that—</text><subparagraph id="idB7F02B36E003454AB83EA324431F1DCB"><enum>(A)</enum><text>will be able to substantially benefit from expanded United States trade-related assistance; and </text></subparagraph><subparagraph id="id4778B0BF093943E68BEAF94426F277ED"><enum>(B)</enum><text>the governments of which have demonstrated the political will to effectively and sustainably implement such assistance. </text></subparagraph></paragraph></subsection><subsection id="id59a85514bde74ce0a101e9749659c39c"><enum>(d)</enum><header>Evaluation of areas of cooperation</header><text display-inline="yes-display-inline">In carrying out the pilot program established under subsection (a), the Secretary of State shall use the principal trade negotiating objectives set forth in section 102(b) of the Bipartisan Congressional Trade Priorities and Accountability Act of 2015 (<external-xref legal-doc="usc" parsable-cite="usc/19/4201">19 U.S.C. 4201(b)</external-xref>) to determine areas of cooperation with a country selected under subsection (c)(1) to participate in the pilot program. </text></subsection><subsection id="id364a2d0b303649afb93603977b326375"><enum>(e)</enum><header>Plans of action</header><paragraph id="idb51899cf1f15424e9462be59f4f1add9"><enum>(1)</enum><header>In general</header><text>The Administrator, in coordination with the Secretary, shall lead efforts to engage relevant officials of each country selected under subsection (c)(1) to participate in the pilot program under subsection (a) with respect to the development of a plan of action to promote conditions favorable for business and commercial development and economic and job growth in the country. </text></paragraph><paragraph id="id262FD900E0DA4F0AAF7E396975697079"><enum>(2)</enum><header>Analysis required</header><text>The development of a plan of action under paragraph (1) shall include a comprehensive analysis of relevant legal, policy, and regulatory constraints to economic and job growth in that country.</text></paragraph><paragraph id="id70617d84d958404db9538f88553a3019"><enum>(3)</enum><header>Elements</header><text>A plan of action developed under paragraph (1) for a country shall include the following:</text><subparagraph id="id30281ce1cdfb425c82eba449ce6ee75c"><enum>(A)</enum><text>Priorities for reform agreed to by the government of that country and the United States.</text></subparagraph><subparagraph id="ide08caf8a707f4d31b447dcbeeef17cf6"><enum>(B)</enum><text>Clearly defined policy responses, including regulatory and legal reforms, as necessary, to achieve improvement in the business and commercial environment in the country.</text></subparagraph><subparagraph id="id44ceb47bf5a040b1bc8ffb2daa4525b8"><enum>(C)</enum><text>Identification of the anticipated costs to establish and implement the plan.</text></subparagraph><subparagraph id="id33d179a991f54d15a9493deca59dc326"><enum>(D)</enum><text>Identification of appropriate sequencing and phasing of implementation of the plan to create cumulative benefits, as appropriate.</text></subparagraph><subparagraph id="idab046036c6f14ccab4d37542fd3bddec"><enum>(E)</enum><text>Identification of best practices and standards.</text></subparagraph><subparagraph id="idcfc1927ad867497d965e7c8076f51372"><enum>(F)</enum><text>Considerations with respect to how to make the policy reform investments under the plan long-lasting.</text></subparagraph><subparagraph id="idd06d6b90c7794b41942fe239f5d042a1"><enum>(G)</enum><text>Appropriate consultation with affected stakeholders in that country and in the United States.</text></subparagraph></paragraph></subsection><subsection id="id8C59D94898F44731929A63AB5EE55815"><enum>(f)</enum><header>Termination</header><text>The pilot program established under subsection (a) shall terminate on the date that is 5 years after the date of the enactment of this Act.</text></subsection></section><section id="id1bbbf5bc8ad745cfa6b411cfd25b31e6"><enum>402.</enum><header>Promoting adoption of United Nations Convention on Assignment of Receivables in International Trade</header><subsection id="id6267120762774ae491c955d9413d370e"><enum>(a)</enum><header>Findings</header><text>Congress makes the following findings:</text><paragraph id="id973048e691384d288abc3cbdd4eeefec"><enum>(1)</enum><text>The United Nations Convention on the Assignment of Receivables in International Trade, done at New York December 12, 2001, and signed by the United States on December 30, 2003 (in this section referred to as the <quote>Convention</quote>), establishes uniform international rules governing a form of financing widely used in the United States involving the assignment of receivables.</text></paragraph><paragraph id="idc4d5bb9cea944b108af3a7a0abed9db7"><enum>(2)</enum><text>Receivables financing is an important tool in helping United States businesses secure working capital financing. Within the United States, lenders and buyers of receivables provide financing based on the use of receivables from debtors located within the United States as working capital collateral.</text></paragraph><paragraph id="ida43cd0e44fa4471fb5d986a8edfc870c"><enum>(3)</enum><text>Receivables financing occurs in transactions in which businesses either sell their rights to payments from their customers (known as <quote>receivables</quote>) to a bank or other financial institution, or use their rights to those payments as collateral for a loan from a lender. The businesses selling or using their receivables as collateral are referred to as <quote>assignors</quote> and buyers and lenders are referred to as <quote>assignees</quote>.</text></paragraph><paragraph id="id569e3401ad834d76bf17206d86b6c052"><enum>(4)</enum><text>Many countries, however, do not have the kinds of modern commercial finance laws on the assignment of receivables required to implement the Convention.</text></paragraph><paragraph id="idf1bdbac4a3ab46f7886ead0fee240831"><enum>(5)</enum><text>United States-based lenders are less willing to make loans secured by receivables owed by debtors located outside the United States, as such cross-border transactions may involve countries the laws of which are inconsistent with modern financial practices.</text></paragraph><paragraph id="idae772245d5fb47c186e79952ff354e4c"><enum>(6)</enum><text>Because of the risk, cost, and uncertainty created by receivables financing laws in other countries, which vary greatly or can be vague or unpredictable, the ability of small and medium-sized United States businesses to access financing from lenders using international accounts receivables derived from exports or other cross-border transactions is severely limited.</text></paragraph><paragraph id="idea8ecc3eb8754f4fb41a3c1c3c51ce5a"><enum>(7)</enum><text>Expanded access to receivables financing in international trade, which the Convention would promote, will provide United States businesses with an additional source of capital at no cost to the United States taxpayer, benefitting small and medium-sized businesses that use receivables financing.</text></paragraph><paragraph id="id29225558f3b54174abebd2e4a3d1ab97"><enum>(8)</enum><text>The Convention is consistent with article 9 of the United States Uniform Commercial Code, as adopted by all 50 States, the District of Columbia, and the territories of Puerto Rico and the Virgin Islands.</text></paragraph><paragraph id="idd802f109e60e4f739dd59895e1264210"><enum>(9)</enum><text>The Convention includes extensive rules on the use of receivables to finance operations, using receivables as collateral, and how to resolve potential conflicts of law arising from the use of receivables.</text></paragraph><paragraph id="id6c41a6ffbdbb44a5bf44d052bb4cba58"><enum>(10)</enum><text>Adoption of the Convention would establish more predictability and uniformity with respect to receivables financing in cross-border transactions, thereby opening up new opportunities for trade and economic growth between the United States and its partners in the developing world.</text></paragraph><paragraph id="id2f1d764a15c74d9a9f196ea8462b7cb3"><enum>(11)</enum><text>The Senate consented to ratification of the Convention in January 2019.</text></paragraph><paragraph id="idb1ab0ca4fffd412ab3f8029ddb7756e0"><enum>(12)</enum><text>The President ratified the Convention in October 2019.</text></paragraph></subsection><subsection id="id3dc16c03337044b4a0cc161871eea3f6"><enum>(b)</enum><header>Sense of the Senate</header><text>It is the sense of the Senate that the Secretary of State should, in the regular course of economic dialogues with developing countries that are partners of the United States, promote the adoption and implementation of the Convention as an important tool—</text><paragraph id="idb987e07e1c7545aba1087ca7ea49110c"><enum>(1)</enum><text>to help attract foreign investment to and trade with such countries; and</text></paragraph><paragraph id="id94af178d40494d6f9525196fdb09e926" commented="no" display-inline="no-display-inline"><enum>(2)</enum><text>to establish a predictable, rules-based framework that can help such countries create additional sources of capital at no cost, benefitting small and medium-sized businesses that use receivables financing. </text></paragraph></subsection></section><enum>V</enum><header>Combating anti-competitive behavior</header><section id="idafb1033b3d9e47eeb055060899b2e90c"><enum>501.</enum><header>Predatory pricing by entities owned, controlled, or directed by a foreign state</header><subsection id="id07b9121d1df048879f72ab600df6e43f"><enum>(a)</enum><header>Prohibited acts</header><paragraph id="idc5fdc8af858f434a933c4ebee4ad2562"><enum>(1)</enum><header>In general</header><text>No entity owned, controlled, or directed by a foreign state or an agent or instrumentality of a foreign state (as defined in section 1603 of title 28, United States Code) and participating in international commerce may establish or set prices below the average variable cost in a manner that may foreseeably harm competition.</text></paragraph><paragraph id="idc18394ab7101410ab8415e7d5b4b695a"><enum>(2)</enum><header>Economic support</header><text>In determining the average variable cost under paragraph (1), the court may take into account the effects of economic support provided by the owning or controlling foreign state to the entity on a discriminatory basis that may allow the entity to unfairly price at or below marginal cost.</text></paragraph><paragraph id="idba523d2cb67e4b50b7d022f4a3ff44c2"><enum>(3)</enum><header>Government subsidies</header><text>In determining the foreseeability of the elimination of market competitors under paragraph (1), the court may take into account the aggravating factor of the actions of the foreign state owning or controlling the entity referred to in such paragraph to use government resources to subsidize or underwrite the losses of the entity in a manner that allows the entity to sustain the predatory period and recoup its losses.</text></paragraph><paragraph id="id3b4e399d91414321bc166cbc603a768f"><enum>(4)</enum><header>Market power not required</header><text>For the purpose of establishing the elements of (a)(1), the plaintiff shall not be required to demonstrate that the defendant has monopoly or market power.</text></paragraph></subsection><subsection id="idb9a6a99064c5496db73bb431bc051b9e"><enum>(b)</enum><header>Recovery of damages</header><text>Any person (as defined in section 1(a) of the Clayton Act (<external-xref legal-doc="usc" parsable-cite="usc/15/12">15 U.S.C. 12(a)</external-xref>) whose business or property is injured as a result of the actions of an entity described in subsection (a) shall be entitled to recovery from the defendant for damages and other related costs under section 4 of such Act (<external-xref legal-doc="usc" parsable-cite="usc/15/15">15 U.S.C. 15</external-xref>).</text></subsection><subsection id="idab5348c74d284a62b97a865930260129"><enum>(c)</enum><header>Elements of prima facie case</header><text>A plaintiff may initiate a claim against a defendant in an appropriate Federal court for a violation of subsection (a) in order to recover damages under subsection (b) by—</text><paragraph id="id34719c925cb04201bd15706c56668371"><enum>(1)</enum><text>establishing, by a preponderance of the evidence, that the defendant—</text><subparagraph id="id10a6072b97084f6dbceafbf922f32adc"><enum>(A)</enum><text>is a foreign state or an agency or instrumentality of a foreign state (as defined in section 1603 of title 28, United States Code); and</text></subparagraph><subparagraph id="id18df4fbccae3400d901a8bebd3833817"><enum>(B)</enum><text>is not immune from the jurisdiction of the Federal court pursuant to section 1605(a)(2) of title 28, United States Code; and</text></subparagraph></paragraph><paragraph id="iddbac9d03c3bf48d4a06cbdffc414e697"><enum>(2)</enum><text>setting forth sufficient evidence to establish a reasonable inference that the defendant has violated subsection (a).</text></paragraph></subsection><subsection id="id7124084af9d14f1ea46859ebc789fad3"><enum>(d)</enum><header>Court determination leading to evidentiary burden shifting to defendant</header><text>If a Federal court finds that a plaintiff has met its burden of proof under subsection (c), the court may determine that—</text><paragraph id="idb6f16d3703434113a67b2ba91044e4a5"><enum>(1)</enum><text>the plaintiff has established a prima facie case that the conduct of the defendant is in violation of subsection (a); and</text></paragraph><paragraph id="ide7ab9bfee55f4806a31695edeb73a0e5"><enum>(2)</enum><text>the defendant has the burden of rebutting such case by establishing that the defendant is not in violation of subsection (a).</text></paragraph></subsection><subsection id="id0957d1487a0d4147825f3056ec01b040"><enum>(e)</enum><header>Filing of amicus briefs by the Department of State and Department of Justice regarding international comity and harm to competition</header><paragraph id="iddcac5c91aaaa4874a949caa7fff80727"><enum>(1)</enum><header>In general</header><text>For the purposes of considering questions of international comity with respect to making decisions regarding commercial activity and the scope of applicable sovereign immunity, the Federal court may receive and consider relevant amicus briefs filed by the Secretary of State.</text></paragraph><paragraph id="idc831c883d61a4ab0979d70223dc5a513"><enum>(2)</enum><header>Attorney General</header><text>For the purposes of considering questions regarding assessing potential harm to competition, the Federal court may receive and consider relevant amicus briefs filed by the Attorney General.</text></paragraph><paragraph id="idbb9955a3a8e94444bf2a660cc9851737"><enum>(3)</enum><header>Savings provision</header><text>Nothing in paragraph (1) may be construed to limit the ability of the Federal court to receive and consider any other amicus briefs.</text></paragraph></subsection></section><section id="id65fc1fdb762e416ba33acbb5fd7e0ab9" commented="no"><enum>502.</enum><header>Expansion of offense of theft of trade secrets to include unauthorized development of products and digital articles</header><subsection commented="no" id="idCBF6A3DDE98C43CE9D256731D93F0B57"><enum>(a)</enum><header>In general</header><text display-inline="yes-display-inline">Section 1832(a) of title 18, United States Code, is amended—</text><paragraph commented="no" id="idFAB8D45C160248469B7A44A6BE7671DA"><enum>(1)</enum><text>by redesignating paragraphs (4) and (5) as paragraphs (5) and (6), respectively;</text></paragraph><paragraph commented="no" id="idAD6DD4C5531A4DEAA5F30707DB1D6917"><enum>(2)</enum><text>by inserting after paragraph (3) the following:</text><quoted-block style="OLC" display-inline="no-display-inline" id="id25F613812AF9465CB4A1FC8EC11AF771"><paragraph id="id9E28339820DF47E584DB420313049B13" commented="no"><enum>(4)</enum><text>without authorization modifies or develops a product or digital article that could not have been modified or developed in the same way without access to such information;</text></paragraph><after-quoted-block>; and</after-quoted-block></quoted-block></paragraph><paragraph commented="no" id="id10BE7E2623DB41849724FFF961DF38B5"><enum>(3)</enum><text>in paragraphs (5) and (6), as redesignated by paragraph (1), by striking <quote>through (3)</quote> and inserting <quote>through (4)</quote>.</text></paragraph></subsection><subsection id="id24BD42D04BAC452382F8F58903143A21"><enum>(b)</enum><header>Applicability to conduct outside the United States</header><text>Section 1837 of title 18, United States Code, is amended—</text><paragraph commented="no" id="id63B1F99C28844A1DB38A03CBA80CD544"><enum>(1)</enum><text>in paragraph (1), by striking <quote>; or</quote> and inserting a semicolon;</text></paragraph><paragraph commented="no" id="id19C2CA15FA764D25895DDB1BEE570955"><enum>(2)</enum><text>in paragraph (2), by striking the period at the end and inserting <quote>; or</quote>; and</text></paragraph><paragraph commented="no" id="idB7B85435FE694EE18AF9F0C70960E537"><enum>(3)</enum><text>by adding at the end the following:</text><quoted-block style="OLC" display-inline="no-display-inline" id="idE73B2B6974E24FF2B5C7FE8EE93D859F"><paragraph id="idBFF16E7863514668A5CD1A8FDD2059E7" commented="no"><enum>(3)</enum><text>in the case of a violation of section 1832(a)(4), the offender attempts to import a product or digital article described in that section into the United States.</text></paragraph><after-quoted-block>.</after-quoted-block></quoted-block></paragraph></subsection><subsection id="idBB59ED26EAD54A6B8205F0D9E22FAEB9"><enum>(c)</enum><header>Definitions</header><text>Section 1839 of title 18, United States Code, is amended—</text><paragraph commented="no" id="idA07FB0D8FB834C0D92D35AD721B16636"><enum>(1)</enum><text>in paragraph (3), in the matter preceding subparagraph (A), by inserting <quote>data,</quote> after <quote>programs,</quote>; </text></paragraph><paragraph commented="no" id="id05B53B34CDD8459497B02FB718593931"><enum>(2)</enum><text>in paragraph (6)(B), by striking <quote>; and</quote> and inserting a semicolon;</text></paragraph><paragraph commented="no" id="id333CF07B1D544B9F8EE6274C86F92154"><enum>(3)</enum><text>in paragraph (7), by striking the period at the end and inserting <quote>; and</quote>; and</text></paragraph><paragraph id="ida8b8dfa583624ee2a42c6d74c6809c0c" commented="no"><enum>(4)</enum><text>by adding at the end the following:</text><quoted-block style="OLC" display-inline="no-display-inline" id="idB82271F3B92243BCB38AA68084D9161F"><paragraph id="idD6D971A8BB224955A6D5354967984EC5" commented="no"><enum>(8)</enum><text>the term <term>digital article</term> means an algorithm, digitized process, or database, or any other electronic technology that generates, stores, or processes data.</text></paragraph><after-quoted-block>.</after-quoted-block></quoted-block></paragraph></subsection></section><section id="id88c01b86ad994f2bba1f0c2f5b82545e"><enum>503.</enum><header>Review of petitions related to intellectual property theft and forced technology transfer</header><subsection id="idb782c541768d492a8228423a364a71fa"><enum>(a)</enum><header>Definitions</header><text>In this section:</text><paragraph id="iddfc10e5ba7b94c63a6eeeb121d53fea1"><enum>(1)</enum><header>Appropriate congressional committees</header><text>The term <term>appropriate congressional committees</term> means—</text><subparagraph id="idddba3b0173da406c8af438aec98949fc"><enum>(A)</enum><text>the Committee on Foreign Relations, the Committee on Banking, Housing, and Urban Affairs, the Committee on Commerce, Science, and Transportation, and the Committee on the Judiciary of the Senate; and</text></subparagraph><subparagraph id="idfe0f57b3af554cf78c14d5e8de1078ef"><enum>(B)</enum><text>the Committee on Foreign Affairs, the Committee on Financial Services, the Committee on Energy and Commerce, and the Committee on the Judiciary of the House of Representatives.</text></subparagraph></paragraph><paragraph id="id6ce12475326c483caddd664f15cf94a8"><enum>(2)</enum><header>Committee</header><text>The term <term>Committee</term> means the committee established or designated under subsection (b).</text></paragraph><paragraph id="idf3b751500fa44808adab92aff91f0d9d"><enum>(3)</enum><header>Foreign person</header><text>The term <term>foreign person</term> means a person that is not a United States person.</text></paragraph><paragraph id="id2337d7ba07354dc285d935be08c01105"><enum>(4)</enum><header>Intellectual property</header><text>The term <term>intellectual property</term> means—</text><subparagraph id="id94404f3055bf491290b17c6d9d2d17a5"><enum>(A)</enum><text>any work protected by a copyright under title 17, United States Code;</text></subparagraph><subparagraph id="id5082c9ce923543a1b823704965a80467"><enum>(B)</enum><text>any property protected by a patent granted by the United States Patent and Trademark Office under title 35, United States Code;</text></subparagraph><subparagraph id="id32e50d509c104d99a6e6f52d4844f018"><enum>(C)</enum><text>any word, name, symbol, or device, or any combination thereof, that is registered as a trademark with the United States Patent and Trademark Office under the Act entitled <quote>An Act to provide for the registration and protection of trademarks used in commerce, to carry out the provisions of certain international conventions, and for other purposes</quote>, approved July 5, 1946 (commonly known as the <quote>Lanham Act</quote> or the <quote>Trademark Act of 1946</quote>) (<external-xref legal-doc="usc" parsable-cite="usc/15/1051">15 U.S.C. 1051 et seq.</external-xref>);</text></subparagraph><subparagraph id="id06edc22e5d244fcd879ab2e3217d29c1"><enum>(D)</enum><text>a trade secret (as defined in section 1839 of title 18, United States Code); or</text></subparagraph><subparagraph id="idbed3848da4904a108a761da80032f1cc"><enum>(E)</enum><text>any other form of intellectual property.</text></subparagraph></paragraph><paragraph id="id61b41b6b9397419791ff18db05bd4056"><enum>(5)</enum><header>United states person</header><text>The term <term>United States person</term> means—</text><subparagraph id="idc6fdf0139f8b452aa9eb0737db67f1bb"><enum>(A)</enum><text>a United States citizen or an alien lawfully admitted for permanent residence to the United States; or</text></subparagraph><subparagraph id="id4ce463439d964e61a177cadbed5703ff"><enum>(B)</enum><text>an entity organized under the laws of the United States or any jurisdiction within the United States, including a foreign branch of such an entity.</text></subparagraph></paragraph></subsection><subsection id="idb34bc4dd02ac46d485db7469cdcebf6c"><enum>(b)</enum><header>Establishment of a committee</header><paragraph id="idb0f26cbc983b4c32b4e02565bb2fdb4f"><enum>(1)</enum><header>In general</header><text>The President shall—</text><subparagraph id="id16524ee00bf64d6dbeaca7a64561b6c2"><enum>(A)</enum><text>establish a multi-agency committee to carry out this section; or</text></subparagraph><subparagraph id="id8f705e2140654642bf87a607e7c72c33"><enum>(B)</enum><text>designate an existing multi-agency committee within the executive branch to carry out this section if the President determines that the existing committee has the relevant expertise and personnel to carry out this section.</text></subparagraph></paragraph><paragraph id="id4316041379974a7199be1319a97def79"><enum>(2)</enum><header>Membership</header><text>The Committee shall be comprised of the following officials (or, subject to paragraph (3), a designee of any such official):</text><subparagraph id="id0bc21dd125f04a4aa8be99282b4c293b"><enum>(A)</enum><text>The Secretary of the Treasury.</text></subparagraph><subparagraph id="id9be36902e7884c32960e3baf8ddbdc6b"><enum>(B)</enum><text>The Secretary of Commerce.</text></subparagraph><subparagraph id="idfda071c3405840c1becec406f178d129"><enum>(C)</enum><text>The Secretary of State.</text></subparagraph><subparagraph id="id84b709c4ac004f0e82fc6383c0a64c27"><enum>(D)</enum><text>The Attorney General.</text></subparagraph><subparagraph id="id2559587999404b37bc524925d35b387d"><enum>(E)</enum><text>The Director of National Intelligence.</text></subparagraph><subparagraph id="idc9ff527f9da943c1a0615a3929b5de4e"><enum>(F)</enum><text>The heads of such other agencies as the President determines appropriate, generally or on a case-by-case basis.</text></subparagraph></paragraph><paragraph id="id9b4a9286c7524aaab68b2d49c377a7c1"><enum>(3)</enum><header>Designee</header><text>An official specified in paragraph (2) may select a designee to serve on the Committee from among individuals serving in positions appointed by the President by and with the advice and consent of the Senate.</text></paragraph><paragraph id="id8a4ed0dfd7f14202876d2e60fcf74b9b"><enum>(4)</enum><header>Chair and vice chair</header><text>The President shall appoint a chairperson and a vice chairperson of the Committee from among the members of the Committee.</text></paragraph></subsection><subsection id="id614dfb4aa3824b9eb453036e2aefecc5"><enum>(c)</enum><header>Submission of petitions</header><paragraph id="id342b370bc99341a4b4f0bd88ae162f6f"><enum>(1)</enum><header>In general</header><text>A United States person described in paragraph (3) may submit a petition to the Committee requesting that the Committee—</text><subparagraph id="id18a60dab31114d058a8d701f34ace15c"><enum>(A)</enum><text>review, under subsection (d), a significant act or series of acts described in paragraph (2) committed by a foreign person; and</text></subparagraph><subparagraph id="id4aec29b06ebb4040941758f9a4e27fe2"><enum>(B)</enum><text>refer the matter to the President with a recommendation to impose sanctions under subsection (e) to address any threat to the national security of the United States posed by the significant act or series of acts.</text></subparagraph></paragraph><paragraph id="id95cecbc1d11d46b59d713d36c4aa9b83"><enum>(2)</enum><header>Significant act or series of acts described</header><text>A significant act or series of acts described in this paragraph is a significant act or series of acts of—</text><subparagraph id="idcc1d5d62a9ae46dc85c5794d105d648b"><enum>(A)</enum><text>theft of intellectual property of a United States person; or</text></subparagraph><subparagraph id="id5ef24406427e4dd8ac57f6616576b66f"><enum>(B)</enum><text>forced transfer of technology that is the intellectual property of a United States person.</text></subparagraph></paragraph><paragraph id="ide3f88a051dc24634a6170a5535b4dc07"><enum>(3)</enum><header>United states person described</header><text>A United States person is described in this paragraph if—</text><subparagraph id="ide55df350e6f7434eb63f48eef78aa22d"><enum>(A)</enum><text>a court of competent jurisdiction in the United States has rendered a final judgment in favor of the United States person that—</text><clause id="idc56bfe13fcad4044b20315ac8a974d87"><enum>(i)</enum><text>the foreign person identified in the petition submitted under paragraph (1) committed the significant act or series of acts identified in the petition;</text></clause><clause id="ida2a186bf1d90425bb2f9ff3b0d8a43fe"><enum>(ii)</enum><text>the United States person is the owner of the intellectual property identified in the petition; and</text></clause><clause id="ide3a589dc0ffa4394bebec9e5ed435980"><enum>(iii)</enum><text>the foreign person is using that intellectual property without the permission of the United States person; and</text></clause></subparagraph><subparagraph id="id27a1c011172f4c3780b12c37f53a66d4"><enum>(B)</enum><text>the United States person can provide clear and convincing evidence to the Committee that the value of the economic loss to the United States person resulting from the significant act or series of acts exceeds $10,000,000.</text></subparagraph></paragraph></subsection><subsection id="idb4a92cdb75ad4c3a9e9b44294634498c"><enum>(d)</enum><header>Review and action by the committee</header><paragraph id="id5552084fc99d439d833beb43b676c9c5"><enum>(1)</enum><header>Review</header><text>Upon receiving a petition under subsection (c), the Committee shall conduct a review of the petition in order to determine whether the imposition of sanctions under subsection (e) is necessary and appropriate to address any threat to the national security of the United States posed by the significant act or series of acts identified in the petition.</text></paragraph><paragraph id="idfdbcedbe262e4ca5b80c55dac6ad0a60"><enum>(2)</enum><header>Action</header><text>After conducting a review under paragraph (1) of a petition submitted under subsection (c), the Committee may take no action, dismiss the petition, or refer the petition to the President with a recommendation with respect to whether to impose sanctions under subsection (e).</text></paragraph></subsection><subsection id="id6a1ab4d849ee4b788a84b28646186c57"><enum>(e)</enum><header>Imposition of sanctions</header><paragraph id="id5f989bd7a6a4496085711e08fa8d7c4e"><enum>(1)</enum><header>In general</header><text>The President may impose the sanctions described in paragraph (3) with respect to a foreign person identified in a petition submitted under subsection (c) if the President determines that imposing such sanctions is necessary and appropriate to address any threat to the national security of the United States posed by the significant act or series of acts identified in the petition.</text></paragraph><paragraph id="id6b5edb3ef10c488bae4a7e98cffa35ea"><enum>(2)</enum><header>Notice to congress</header><text>Not later than 30 days after the Committee refers a petition to the President with a recommendation under subsection (d)(2), the President shall submit to the appropriate congressional committees a notice of the determination of the President under paragraph (1) with respect to whether or not to impose sanctions described in paragraph (3) with respect to each foreign person identified in the petition. Each notice required under this paragraph shall be submitted in unclassified form, but may include a classified annex.</text></paragraph><paragraph id="idf8336469099c4d1091da553f296f8dba"><enum>(3)</enum><header>Sanctions described</header><text>The sanctions that may be imposed under paragraph (1) with respect to a foreign person identified in a petition submitted under subsection (c) are the following:</text><subparagraph id="id1ab6920e3f494b459dabf52d5e625fce"><enum>(A)</enum><header>Export sanction</header><text>The President may order the United States Government not to issue any specific license and not to grant any other specific permission or authority to export any goods or technology to the person under—</text><clause id="id8fc49afc7bcb4736b47a658ee4feea8e"><enum>(i)</enum><text>the Export Control Reform Act of 2018 (<external-xref legal-doc="usc" parsable-cite="usc/50/4801">50 U.S.C. 4801 et seq.</external-xref>);</text></clause><clause id="id19a0b632305b4ff0a6258d03ee93162c"><enum>(ii)</enum><text>the Arms Export Control Act (<external-xref legal-doc="usc" parsable-cite="usc/22/2751">22 U.S.C. 2751 et seq.</external-xref>);</text></clause><clause id="id0754e31ed793418fa381a8e1970266aa"><enum>(iii)</enum><text>the Atomic Energy Act of 1954 (<external-xref legal-doc="usc" parsable-cite="usc/42/2011">42 U.S.C. 2011 et seq.</external-xref>); or</text></clause><clause id="id9914beb1c0f047e0a007ac4184da3931"><enum>(iv)</enum><text>any other statute that requires the prior review and approval of the United States Government as a condition for the export or reexport of goods or services.</text></clause></subparagraph><subparagraph id="id9c382208a8b24cbb829af0dfd7b2816b"><enum>(B)</enum><header>Loans from United States financial institutions</header><text>The President may prohibit any United States financial institution from making loans or providing credits to the person totaling more than $10,000,000 in any 12-month period unless the person is engaged in activities to relieve human suffering and the loans or credits are provided for such activities.</text></subparagraph><subparagraph id="id5996c4547bbc4b449da3e903d69c3af5"><enum>(C)</enum><header>Loans from international financial institutions</header><text>The President may direct the United States executive director to each international financial institution to use the voice and vote of the United States to oppose any loan from the international financial institution that would benefit the person.</text></subparagraph><subparagraph id="id8a08aeed32994861bb59c997d4bf7a32"><enum>(D)</enum><header>Prohibitions on financial institutions</header><text>The following prohibitions may be imposed against the person if the person is a financial institution:</text><clause id="id054ce50637f34c83978278c0c9d6b5a2"><enum>(i)</enum><header>Prohibition on designation as primary dealer</header><text>Neither the Board of Governors of the Federal Reserve System nor the Federal Reserve Bank of New York may designate, or permit the continuation of any prior designation of, the financial institution as a primary dealer in United States Government debt instruments.</text></clause><clause id="id0709af9afdf54b8e94c04b71c1ce5dbe"><enum>(ii)</enum><header>Prohibition on service as a repository of government funds</header><text>The financial institution may not serve as agent of the United States Government or serve as repository for United States Government funds.</text></clause></subparagraph><subparagraph id="id7d5be30c286348a6869588a4ed46a816"><enum>(E)</enum><header>Procurement sanction</header><text>The President may prohibit the United States Government from procuring, or entering into any contract for the procurement of, any goods or services from the person.</text></subparagraph><subparagraph id="ide1d78f29102d46cb946df1df2b3d852e"><enum>(F)</enum><header>Foreign exchange</header><text>The President may, pursuant to such regulations as the President may prescribe, prohibit any transactions in foreign exchange that are subject to the jurisdiction of the United States and in which the person has any interest.</text></subparagraph><subparagraph id="id8314593553a84f2eb311a924cec8b394"><enum>(G)</enum><header>Banking transactions</header><text>The President may, pursuant to such regulations as the President may prescribe, prohibit any transfers of credit or payments between financial institutions or by, through, or to any financial institution, to the extent that such transfers or payments are subject to the jurisdiction of the United States and involve any interest of the person.</text></subparagraph><subparagraph id="id395db71bfe574fa3be269345fcc64411"><enum>(H)</enum><header>Property transactions</header><text>The President may, pursuant to such regulations as the President may prescribe, prohibit any person from—</text><clause id="id1585c9fec6d5432389bb7d61a13b9a15"><enum>(i)</enum><text>acquiring, holding, withholding, using, transferring, withdrawing, transporting, importing, or exporting any property that is subject to the jurisdiction of the United States and with respect to which the person identified in the petition has any interest;</text></clause><clause id="idaa2a794acb474ff2b29fb0b4db9b45fd"><enum>(ii)</enum><text>dealing in or exercising any right, power, or privilege with respect to such property; or</text></clause><clause id="idc76a7c75826e47eeb4ffa595b65b088d"><enum>(iii)</enum><text>conducting any transaction involving such property.</text></clause></subparagraph><subparagraph id="id7ed605848dcd4514bbc627b0a24d9a8f"><enum>(I)</enum><header>Ban on investment in equity or debt of sanctioned person</header><text>The President may, pursuant to such regulations or guidelines as the President may prescribe, prohibit any United States person from investing in or purchasing significant amounts of equity or debt instruments of the person.</text></subparagraph><subparagraph id="idc86e14d2f3a9446fb52ed2307c95c1fe"><enum>(J)</enum><header>Exclusion of corporate officers</header><text>The President may direct the Secretary of State to deny a visa to, and the Secretary of Homeland Security to exclude from the United States, any alien that the President determines is a corporate officer or principal of, or a shareholder with a controlling interest in, the person identified in the petition.</text></subparagraph><subparagraph id="idc96695f8a41c4a7a93cb42779df10828"><enum>(K)</enum><header>Sanctions on principal executive officers</header><text>The President may impose on the principal executive officer or officers of the person, or on individuals performing similar functions and with similar authorities as such officer or officers, any of the sanctions described in this paragraph.</text></subparagraph></paragraph></subsection><subsection id="id6fdb8e28a0aa4f8a8efe08dcc415cdde"><enum>(f)</enum><header>Implementation; penalties</header><paragraph id="idd47e36cceda4436d96eb83613fdbd15b"><enum>(1)</enum><header>Implementation</header><text>The President may exercise all authorities provided to the President under sections 203 and 205 of the International Emergency Economic Powers Act (50 U.S.C. 1702 and 1704) to carry out this section.</text></paragraph><paragraph id="id4db927204ad7452d9d91778eb6fb4af4"><enum>(2)</enum><header>Penalties</header><text>A person that violates, attempts to violate, conspires to violate, or causes a violation of this section or any regulation, license, or order issued to carry out this section shall be subject to the penalties set forth in subsections (b) and (c) of section 206 of the International Emergency Economic Powers Act (<external-xref legal-doc="usc" parsable-cite="usc/50/1705">50 U.S.C. 1705</external-xref>) to the same extent as a person that commits an unlawful act described in subsection (a) of that section.</text></paragraph></subsection><subsection id="id52a1f1d15e144a1e98356688a62636f7"><enum>(g)</enum><header>Confidentiality of information</header><paragraph id="id845ed4157c6e4b8c97a48038856ca3de"><enum>(1)</enum><header>In general</header><text>The Committee shall protect from disclosure any proprietary information submitted by a United States person and marked as business confidential information, unless the person submitting the information—</text><subparagraph id="idd7babbb08b9f4eccb558529058c7700f"><enum>(A)</enum><text>had notice, at the time of submission, that the information would be released by the Committee; or</text></subparagraph><subparagraph id="id5934f3e0808c479abb6d9c0e5f2516c4"><enum>(B)</enum><text>subsequently consents to the release of the information.</text></subparagraph></paragraph><paragraph id="idfd6e030142a544bbaf7c44d10ee4f7a7"><enum>(2)</enum><header>Treatment as trade secrets</header><text>Proprietary information submitted by a United States person under this section shall be—</text><subparagraph id="idd5fb1a04865e4c4093037fe5591b95ae"><enum>(A)</enum><text>considered to be trade secrets and commercial or financial information (as those terms are used for purposes of section 552b(c)(4) of title 5, United States Code); and</text></subparagraph><subparagraph id="id26aef9dea21d46baafab9aa2d956a83b"><enum>(B)</enum><text>exempt from disclosure without the express approval of the person.</text></subparagraph></paragraph></subsection><subsection id="id3d72d2b0c9334405a934949a1750b8fc" commented="no" display-inline="no-display-inline"><enum>(h)</enum><header>Rulemaking</header><text>The President may prescribe such licenses, orders, and regulations as are necessary to carry out this section, including with respect to the process by which United States persons may submit petitions under subsection (c). </text></subsection></section>