Bill
Bill > S367
summary
Introduced
02/09/2023
02/09/2023
In Committee
02/09/2023
02/09/2023
Crossed Over
Passed
Dead
01/03/2025
01/03/2025
Introduced Session
118th Congress
Bill Summary
A bill to promote economic and commercial opportunities internationally, and for other purposes.
AI Summary
This bill, the Economic and Commercial Opportunities and Networks Act of 2023 (ECON Act), aims to promote economic and commercial opportunities internationally. The key provisions include: strengthening the economic roles and awards for Foreign Service officers, establishing deal teams at U.S. embassies to support U.S. companies, investing in talent development in Southeast Asia and the Pacific Islands, facilitating regulatory exchanges with allies, supporting infrastructure projects and digital connectivity in the Indo-Pacific, auditing trade barriers in developing partner countries, and combating anti-competitive behavior like predatory pricing by foreign state-owned entities and theft of trade secrets. The bill also creates new government programs, funding, and reporting requirements related to these economic diplomacy goals.
Committee Categories
Government Affairs
Sponsors (1)
Last Action
Read twice and referred to the Committee on Foreign Relations. (on 02/09/2023)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.congress.gov/bill/118th-congress/senate-bill/367/all-info |
| BillText | https://www.congress.gov/118/bills/s367/BILLS-118s367is.pdf |
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