Sec. 301. Regulatory exchanges with allies and partners
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The Secretary of State, in coordination with the heads of other participating executive branch agencies, shall establish and develop a program to facilitate and encourage regular dialogues between United States Government regulatory and technical agencies and their counterpart organizations in allied and partner countries, both bilaterally and in relevant multilateral institutions and organizations— to promote best practices in regulatory formation and implementation; to collaborate to achieve optimal regulatory outcomes based on scientific, technical, and other relevant principles; to seek better harmonization and alignment of regulations and regulatory practices; to build consensus around industry and technical standards in emerging sectors that will drive future global economic growth and commerce; and to promote United States standards regarding environmental, labor, and other relevant protections in regulatory formation and implementation, in keeping with the values of free and open societies, including the rule of law.
In facilitating expert exchanges under subsection (a), the Secretary shall prioritize— bilateral coordination and collaboration with countries where greater regulatory coherence, harmonization of standards, or communication and dialogue between technical agencies is achievable and best advances the economic and national security interests of the United States; multilateral coordination and coordination where greater regulatory coherence, harmonization of standards, or dialogue on other relevant regulatory matters is achievable and best advances the economic and national security interests of the United States, including with— the European Union; the Asia-Pacific Economic Cooperation; the Association of Southeast Asian Nations (ASEAN); the Organization for Economic Cooperation and Development (OECD); and multilateral development banks; and regulatory practices and standards setting bodies focused on key economic sectors and emerging technologies.
With regard to the program described in subsection (a), the Secretary may facilitate, including through the use of amounts appropriated pursuant to subsection (e), the participation of private sector representatives and other relevant organizations and individuals with relevant expertise, as appropriate and to the extent that such participation advances the goals of such program. The Secretary of State is authorized to delegate the responsibilities described in this section to the Under Secretary of State for Economic Growth, Energy, and the Environment.
There is authorized to be appropriated $2,500,000 for each of the fiscal years 2021 through 2025 to carry out this section. The Secretary may obligate amounts appropriated pursuant to paragraph
(1)in a manner that— facilities participation by representatives from technical agencies within the United States Government and their counterparts; and complies with applicable procedural requirements under the State Department Basic Authorities Act of 1956 ( 22 U.S.C. 2651a et seq.) and the Foreign Assistance Act of 1961 ( 22 U.S.C. 2151 et seq.). The text of any agreement concluded under the authorities provided under this section shall be submitted to the Committee on Foreign Relations of the Senate and the Committee on Foreign Affairs of the House of Representatives not later than 60 days after any notice of intent to be formally bound by the terms of such agreement. Each agreement described in paragraph
(1)shall be legally effective and binding upon the United States, in accordance with the terms provided in the agreement, beginning on— the date on which appropriate implementing legislation is enacted into law, which shall provide for the approval of the specific agreement or agreements, including attachments, annexes, and supporting documentation; or if the agreement is concluded and submitted as a treaty, the date on which such treaty is ratified by the Senate.
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