Bill > HR5320

This bill establishes the Transatlantic Growth Enterprise, a diplomatic program aimed at strengthening U.S. relations with Central and Eastern European countries, including the Czech Republic, Poland, Slovakia, Hungary, Romania, Moldova, Ukraine, and Bulgaria. The program, to be led by the Secretary of State in coordination with the Development Finance Corporation, has multiple objectives: expanding business-to-business ties, enhancing energy sector cooperation, strengthening people-to-people connections, countering Russian and Chinese influence in the region, and promoting democratic values. The bill recognizes the strategic importance of these countries as NATO allies and seeks to create a comprehensive strategy to support their economic and security interests. Key provisions include convening stakeholder meetings at least twice per year, implementing strict engagement limitations with countries cooperating with Russia or China, and requiring annual reports to Congress detailing the program's diplomatic engagements, progress, and recommendations. The program will focus on creating a robust investment environment, expanding energy security, and supporting sectors that align with U.S. national security interests, while also working to reduce these countries' dependence on Russian and Chinese energy sectors.

Military Affairs and Security

https://www.congress.gov/bill/119th-congress/house-bill/5320/all-info