HR 1704 · 116th Congress · International Affairs
Championing American Business Through Diplomacy Act of 2019
Bill Progress
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Introduced✓
Committee✓
House Vote4
Senate5
EnactedLatest: Received in the Senate and Read twice and referred to the Committee on Foreign Relations.(2019-05-08)
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Plain Language Summary
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Championing American Business Through Diplomacy Act of 2019 This bill establishes within the Department of State an Assistant Secretary of State for Economic and Business Matters, and establishes that a principal duty of a diplomatic mission to a foreign country is the promotion of U.S. economic and commercial interests in that country. The Assistant Secretary shall be responsible for matters relating to international economics and business matters in foreign policy. The State Department shall train various Foreign Service officers, as part of their standard training, on matters including economic and commercial diplomacy, with a particular focus on market access, commercial advocacy, and increasing awareness of U.S. government assistance available to businesses. The President shall initiate negotiations with countries to establish international standards for government-supported infrastructure investment overseas. The negotiations shall cover issues including the sovereignty of countries receiving investment, anti-corruption, and environmental standards. The bill calls for various reports to Congress, including a State Department report about each mission's activities to promote U…
Summarized by Claude AI · Non-partisan · For informational purposes only
CBO Cost Estimate
Congressional Budget OfficeH.R. 1704, Championing American Business Through Diplomacy Act of 2019
May 2, 2019As ordered reported by the House Committee on Foreign Affairs on April 9, 2019
Full CBO report ↗Official non-partisan budget analysis by the Congressional Budget Office
Cosponsors (7)
3 Democrats4 Republicans