Bill > S5096

This bill requires the Secretary of the Treasury to instruct the U.S. Executive Directors at international financial institutions (such as the World Bank) to oppose the provision of loans for any project that poses a significant risk of using forced labor or is carried out by a state-owned or heavily state-influenced entity in the Xinjiang Uyghur Autonomous Region of China. The bill also requires these institutions to provide explanations on how they have vetted projects for forced labor risks and the actions taken to mitigate, track, and reverse those risks. Additionally, the Secretary of the Treasury must submit annual reports to Congress on the implementation of these provisions and any projects involving potential forced labor.