INTERNATIONAL ECONOMIC RELATIONS

Amendments

China, People's Republic of: encourage market-based valuation of currency and fulfillment of commitments under international trade agreements (S. Res. 219), S12058, S12095 [26SE]

Iraq: encourage France, Germany, and Russia to contribute to the reconstruction of Iraq by forgiving outstanding debt between those countries and Iraq (H. Res. 198), H9491, H9509 [16OC]

Articles and editorials

Panic Is Near if ``The Gold Is Gone'', E1511 [18JY]

Bills and resolutions

Bank for International Settlements (organization): develop uniform U.S. standards before the Basel Committee on Banking Supervision and review the Committee's recommendation for an accord on capital standards (see H.R. 2043), H3972 [9MY]

Bretton Woods Agreement Act: sunset (see H.R. 2780), H7085 [17JY]

China, People's Republic of: authorize appropriate action if negotiations regarding China's undervalued currency and currency manipulations are not successful (see S. 1586), S11161 [5SE] (see H.R. 3364), H9811 [21OC]

———encourage fulfillment of commitments under international trade agreements, support the U.S. manufacturing sector, and establish monetary and financial market reforms (see H. Res. 414, 414), H9981 [28OC]

———encourage market-based valuation of currency and fulfillment of commitments under international trade agreements (see S. Res. 219), S11245 [9SE]

———require Dept. of the Treasury report on exchange rate policies and impose additional tariffs on products based on the rate of currency exchange manipulation (see S. 1758), S12888 [20OC] (see H.R. 3058), H8174 [10SE]

Crime: combat money laundering and terrorist financing (see S. 1837), S14176 [6NO]

———prevent terrorists and money launderers from establishing accounts for illegal money transfers using false Social Security or taxpayer identification numbers (see H.R. 1037), H1464 [27FE]

Dept. of the Treasury: direct the U.S. Executive Director at the Inter-American Development Bank to urge the immediate resumption of lending to Haiti (see H.R. 1108), H1641 [5MR]

———initiate expedited negotiations with the People's Republic of China on establishing a market-based currency valuation and fulfilling international trade agreement commitments (see S. Res. 262), S14177 [6NO]

Electronic Fund Transfer Act: require additional disclosures relative to exchange rates in transfers involving international transactions (see S. 1344), S8725 [26JN] (see H.R. 2637), H6262 [26JN]

Emergency Steel Loan Guarantee Act: reauthorize (see H.R. 2881), H7616 [24JY]

Enhanced Heavily Indebted Poor Countries Initiative: improve (see H.R. 1376), H2268 [20MR]

———reform (see H.R. 643), H322 [5FE]

Exchange Stabilization Fund: limit use to buy or sell gold without congressional approval (see H.R. 2782), H7085 [17JY]

———restore Congress' constitutional role in international transactions and limit the amount of loans or credits that may be provided to a foreign entity (see H.R. 2783), H7085 [17JY]

Financial institutions: allow credit unions to provide international money transfer services to nonmembers and require certain disclosures in connection with any international money transfer (see S. 1359), S8725 [26JN]

Foreign aid: authorize U.S. participation in, and replenishment of, certain international development funds (see H.R. 2243), H4735 [22MY]

———prohibit funding for loans to or projects within a country until all extradition requests are honored for individuals accused of crimes punishable by life imprisonment or death (see H.R. 2259), H4736 [22MY]

———provide debt relief to developing countries with coral reef preservation and management programs (see H.R. 1721), H3301 [10AP]

Foreign countries: provide a framework for consideration of proposed unilateral economic sanctions to ensure coordination of U.S. policy relative to trade, security, and human rights (see S. 1861), S14804 [12NO]

Foreign currencies: require certain disclosures in connection with any international money transfer (see H.R. 2074), H4010 [13MY]

———require negotiation and appropriate action relative to certain countries that engage in currency manipulation (see S. 1592), S11186 [8SE] (see H.R. 3269), H9375 [8OC]

Foreign trade: oppose OPIC, IMF or Eximbank aid to countries that subsidize their steel industries and for projects producing goods subject to antidumping duties (see H.R. 3072), H8175 [10SE]

IMF: require appropriations to cover the estimated subsidy costs of monetary resources provided by the U.S. (see H.R. 3533), H11650 [19NO]

Iraq: cancellation of loans made to Iraq by multilateral financial institutions (see H.R. 2482), H5408 [16JN]

———encourage France, Germany, and Russia to contribute to the reconstruction of Iraq by forgiving outstanding debt between those countries and Iraq (see H. Res. 198), H3354 [11AP]

———prevent IMF loans from being used to pay off creditors (see H.R. 2080), H4011 [13MY]

———prevent IMF or International Bank for Reconstruction and Development loans from being used to pay off creditors (see H.R. 2338), H4977 [4JN]

OPIC: reauthorize (see S. 1824), S14031 [5NO] (see H.R. 3145), H8490 [23SE]

Russia: condition continued participation in the Group of 8 nations upon voluntary acceptance and adherence to the norms and standards of democracy (see S. Con. Res. 85), S15407 [21NO] (see H. Con. Res. 336), H12309 [21NO]

Letters

OPIC reauthorization: Peter S. Watson, OPIC, H11555, H11557 [19NO]

———Representative Thomas, Committee on Ways and Means (House), H11557 [19NO]

People's Republic of China compliance with World Trade Organization accession commitments: William Primosch, National Association of Manufacturers, H10069-H10071 [29OC]

Memorandums

Iraqi Debt and Reconstruction: Melanie Mickelson, Committee on Economics (Joint), S12686 [16OC]

Remarks in House

Bretton Woods Agreement Act: sunset (H.R. 2780), E1520 [18JY]

China, People's Republic of: encourage fulfillment of commitments under international trade agreements, support the U.S. manufacturing sector, and establish monetary and financial market reforms (H. Res. 414), H10062-H10071 [29OC], E2188 [31OC]

Dept. of the Treasury: direct the U.S. Executive Director at the Inter-American Development Bank to urge the immediate resumption of lending to Haiti, H2793, H2794 [3AP]

———direct the U.S. Executive Director at the Inter-American Development Bank to urge the immediate resumption of lending to Haiti (H.R. 1108), H3558, H3562-H3564 [30AP]

———report on the Enhanced Heavily Indebted Poor Countries Initiative, H6823, H6824 [15JY]

Electronic Fund Transfer Act: require additional disclosures relative to exchange rates in transfers involving international transactions (H.R. 2637), E1377 [27JN]

Exchange Stabilization Fund: limit use to buy or sell gold without congressional approval (H.R. 2782), E1511 [18JY]

———restore Congress' constitutional role in international transactions and limit the amount of loans or credits that may be provided to a foreign entity (H.R. 2783), E1513 [18JY]

Foreign aid: provide debt relief to developing countries relative to prior loans under agricultural and food assistance programs, H7378 [23JY]

Foreign currencies: require certain disclosures in connection with any international money transfer (H.R. 2074), E941 [13MY]

Foreign trade: oppose OPIC, IMF or Eximbank aid to countries that subsidize their steel industries and for projects producing goods subject to antidumping duties (H.R. 3072), E1768 [11SE]

Iraq: cancellation of loans made to Iraq by multilateral financial institutions (H.R. 2482), H5820 [25JN], H8470 [23SE], E1268 [16JN]

———encourage France, Germany, and Russia to contribute to the reconstruction of Iraq by forgiving outstanding debt between those countries and Iraq (H. Res. 198), H9488, H9489-H9491, H9509 [16OC]

Iron and steel industry: respond to the surge of steel imports, E383, E384, E386 [6MR], E387, E402, E403, E404 [7MR]

OPIC: reauthorize (S. 1824), H11553-H11557 [19NO], E2386 [21NO]

World Trade Organization: results of meetings in Mexico, H8289 [17SE]

Remarks in Senate

China, People's Republic of: encourage market-based valuation of currency and fulfillment of commitments under international trade agreements (S. Res. 219), S12095 [26SE]

———require Dept. of the Treasury report on exchange rate policies and impose additional tariffs on products based on the rate of currency exchange manipulation (S. 1758), S12889 [20OC]

Crime: combat money laundering and terrorist financing (S. 1837), S14179 [6NO]

Dept. of the Treasury: initiate expedited negotiations with the People's Republic of China on establishing a market-based currency valuation and fulfilling international trade agreement commitments (S. Res. 262), S14181 [6NO]

Electronic Fund Transfer Act: require additional disclosures relative to exchange rates in transfers involving international transactions (S. 1344), S8732-S8734 [26JN]

Enhanced Heavily Indebted Poor Countries Initiative: reform, S6485-S6488 [15MY]

Financial institutions: allow credit unions to provide international money transfer services to nonmembers and require certain disclosures in connection with any international money transfer (S. 1359), S8756 [26JN]

Foreign countries: provide a framework for consideration of proposed unilateral economic sanctions to ensure coordination of U.S. policy relative to trade, security, and human rights (S. 1861), S14815 [12NO]

Foreign currencies: require negotiation and appropriate action relative to certain countries that engage in currency manipulation, S12486 [14OC]

———require negotiation and appropriate action relative to certain countries that engage in currency manipulation (S. 1592), S11187 [8SE], S12965 [21OC]

Iraq: encourage countries that hold debt from the former Iraqi regime of Saddam Hussein forgive the outstanding debt between those countries and Iraq, S12683-S12688, S12708 [16OC], S12806 [17OC]

OPIC: reauthorize (S. 1824), S14860 [12NO]

Russia: condition continued participation in the Group of 8 nations upon voluntary acceptance and adherence to the norms and standards of democracy (S. Con. Res. 85), S15400 [21NO]

World Trade Organization: results of meetings in Mexico, S11635 [17SE]

Reports filed

Nomination of John W. Snow to International Monetary Organizations: Committee on Foreign Relations (Senate), S5058 [9AP]

OPIC Reauthorization: Committee on Foreign Relations (Senate) (S. 1824) (S. Rept. 108-194), S14451 [11NO]

———Committee on International Relations (House) (H.R. 3145) (H. Rept. 108-339), H10338 [4NO]

Tables

Countries to which Iraq may be indebted, S12684 [16OC]

Texts of

H. Res. 198, encourage France, Germany, and Russia to contribute to the reconstruction of Iraq by forgiving outstanding debt between those countries and Iraq, H9491 [16OC]

H. Res. 414, encourage People's Republic of China fulfillment of commitments under international trade agreements, support the U.S. manufacturing sector, and establish monetary and financial market reforms, H10062 [29OC]

S. 1344, Money Wire Improvement and Remittance Enhancement (WIRE) Act, S8733 [26JN]

S. 1592, Fair Currency Enforcement Act, S11188 [8SE]

S. 1824, OPIC reauthorization, S14860 [12NO], H11553 [19NO]

S. Con. Res. 85, condition Russia's continued participation in the Group of 8 nations upon voluntary acceptance and adherence to the norms and standards of democracy, S15477 [21NO]

S. Res. 219, encourage People's Republic of China to establish market-based valuation of currency and fulfill commitments under international trade agreements, S11255 [9SE]

S. Res. 219, encourage the People's Republic of China to establish market-based valuation of currency and fulfillment of commitments under international trade agreements, S12095 [26SE]

S. Res. 262, Dept. of the Treasury initiation of expedited negotiations with the People's Republic of China on establishing a market-based currency valuation and fulfilling international trade agreement commitments, S14181 [6NO]