Bill > HR6619

This bill, the PROSPER in the Pacific Act, aims to promote economic growth and stability in Pacific Island countries by authorizing preferential treatment for certain imports from these nations into the United States. The Act establishes eligibility requirements for Pacific Island countries, which include meeting certain standards related to worker rights, human rights, and environmental protection, referencing existing laws like the African Growth and Opportunity Act and the Trade Act of 1974. It also outlines additional factors the President must consider, such as a country's progress in establishing the rule of law, combating corruption, and implementing economic policies to reduce poverty and expand opportunities. Beyond preferential trade, the bill declares a policy to negotiate free trade agreements with interested Pacific Island countries and mandates the development of a plan for such negotiations, including specific objectives, timelines, and consultation procedures with Congress and the private sector. Furthermore, it requires the establishment of a trade facilitation and capacity-building program to help Pacific Island countries enhance their export capabilities and navigate U.S. trade regulations. The Act includes reporting requirements for the President to Congress on U.S. trade and investment policy in the Pacific Islands and the implementation of the Act, with the preferential treatment provisions set to terminate on December 31, 2036. "Internationally recognized worker rights" are defined to include rights like freedom of association, prohibition of forced labor, and safe working conditions.

Budget and Finance

https://www.congress.gov/bill/119th-congress/house-bill/6619/all-info