Sec. 3. United States strategy to counter threats to supply chains for covered articles
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In accordance with Executive Order 14017 (86 Fed. Reg. 11849), the President shall develop and implement a strategy to reduce reliance on concentrated supply chains for covered articles and protect against any threats from countries of concern relating to supply chains for covered articles. The strategy required by subsection
(a)shall include the following elements: A plan to provide sufficient access to covered articles by ensuring that supply chains for such articles are not concentrated in a country of concern. A plan to use tools available to the Federal Government, such as the United States Agency for International Development and the United States International Development Finance Corporation, to assist countries in the Western Hemisphere to build capacity for manufacturing covered articles. A plan to incentivize— United States companies that manufacture covered articles to— relocate manufacturing facilities, personnel, or operations related to the production of covered articles to the United States or to other countries in the Western Hemisphere; to expand such facilities, personnel, or operations to increase the production of covered articles and meet increasing demand for such articles; and to assist countries in developing greater manufacturing capacity; and companies that do not manufacture covered articles to make necessary or appropriate modifications to existing manufacturing facilities, personnel, or operations in order to manufacture 1 or more covered articles. A plan to enter into trade agreements with countries in the Western Hemisphere that— protect against any threats from countries of concern relating to supply chains for covered articles; and foster political and regulatory stability to allow a manufacturing company interested in relocating to such countries in the Western Hemisphere to make long-term investment plans. A plan to coordinate with other countries in the Western Hemisphere to avoid disruptions to the continued operations of supply chains for covered articles during a covered emergency. A plan to provide technical assistance to governments in the Western Hemisphere to improve regulatory and investment frameworks to welcome companies with intention to relocate manufacturing facilities. Not later than 60 days after the date of enactment of this Act, the President shall submit to Congress a report containing the strategy developed under this section. Not less than once every 4 years after the date on which the strategy is submitted under paragraph (1), the President shall submit to Congress an update to such strategy. The report submitted under paragraph (1), and any update submitted under paragraph (2), shall be submitted in unclassified form and may include a classified annex. For purposes of this section, the term country of concern means a country described in paragraph (3)(B) of section 9 of this Act.
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- 86 FR 11849
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Sec. 3
United States strategy to counter threats to supply chains for covered articles
Fed. Reg.86 FR 11849
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