S 2201 · 114th Congress · Foreign Trade and International Finance

Global Gateways Trade Capacity Act of 2016

Introduced 2015-10-22· Sponsored by Sen. Corker, Bob [R-TN]· Senate

Bill Progress

Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Placed on Senate Legislative Calendar under General Orders. Calendar No. 694.(2016-12-01)

Plain Language Summary

[AI summary unavailable — showing source text] Global Gateways Trade Capacity Act of 2015 This bill places primary responsibility on the Department of State for coordinating a whole-of-government effort to expand U.S. efforts in trade capacity building. "Trade facilitation" shall mean U.S. bilateral, regional, or multilateral assistance whose primary purpose is to support: implementation by developing countries of the World Trade Organization Trade Facilitation Agreement, and assistance to reduce non-tariff barriers to trade at national borders in such countries. "Trade capacity building assistance" shall mean U.S. bilateral, regional, or multilateral assistance whose primary purpose is to support technical assistance to developing countries in: implementing international trade agreements; improving governance and transparency with respect to imports, exports, and international investment; establishing and implementing internationally recognized standards; and facilitating trade flows in a recipient country. The President shall establish an interagency coordinating committee to develop a biennial governmentwide joint strategic plan for trade capacity building in developing countries. The State Department sha…

Summarized by Claude AI · Non-partisan · For informational purposes only

CBO Cost Estimate

Congressional Budget Office

S. 2201, Global Gateways Trade Capacity Act of 2016

Sep 13, 2016

As reported by the Senate Committee on Foreign Relations on June 23, 2016

Full CBO report ↗

Official non-partisan budget analysis by the Congressional Budget Office

Cosponsors (2)

2 Democrats