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US S4741

US S4741
Western Balkans Democracy and Prosperity Act


summary

Introduced
08/02/2022
In Committee
08/02/2022
Crossed Over
Passed
Dead
01/03/2023

Introduced Session

117th Congress

Bill Summary

A bill to encourage increased trade and investment between the United States and the countries in the Western Balkans, and for other purposes.

AI Summary

This bill aims to encourage increased trade and investment between the United States and the countries in the Western Balkans (Albania, Bosnia and Herzegovina, Kosovo, Montenegro, North Macedonia, and Serbia). The bill proposes several initiatives, including: codifying existing sanctions relating to the Western Balkans, developing a comprehensive strategy for economic development and democratic resilience in the region, supporting a regional trade and development initiative, strengthening the presence of the U.S. International Development Finance Corporation in the region, promoting university partnerships and cross-cultural engagement, and establishing a Balkans Youth Leadership Initiative to support young leaders in the region. The overall goal is to promote stability, prosperity, and democratic development in the Western Balkans.

Committee Categories

Government Affairs

Sponsors (9)

Last Action

Read twice and referred to the Committee on Foreign Relations. (on 08/02/2022)

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