Sec. 3. Chief Pharmaceutical Trade Negotiator
566 words·~3 min read·
/bill/117/hr/4376/ih/section-3·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Section 141(b) of the Trade Act of 1974 ( 19 U.S.C. 2171(b) ), is amended as follows: In paragraph (2)— in the first sentence, by inserting one Chief Pharmaceutical Trade Negotiator, after one Chief Agricultural Negotiator, ; and by inserting the Chief Pharmaceutical Trade Negotiator, after the Chief Agricultural Negotiator, each place it appears. By adding at the end the following new paragraph: The principal functions of the Chief Pharmaceutical Trade Negotiator shall be to conduct trade negotiations, enforce trade agreements relating to United States pharmaceutical products, and take appropriate action to address acts, policies, or practices of high-income countries that have a significant adverse impact on the ability of United States pharmaceutical manufacturers to enjoy full market access.
The Chief Pharmaceutical Trade Negotiator shall be a vigorous advocate on behalf of United States manufacturers and consumers of pharmaceutical products and shall perform such other functions as the United States Trade Representative may direct. . The United States Trade Representative shall compile and annually update a list of each foreign country that is defined as high-income by the official statistics of the International Bank for Reconstruction and Development of the World Bank.
With respect to each country included on the most recent list required under paragraph (1), the United States Trade Representative, acting through the Chief Pharmaceutical Trade Negotiator, (as established pursuant to the amendments made by subsection (a)) shall annually submit to the Committee on Ways and Means of the House of Representatives and the Committee on Finance of the Senate a report that— describes in detail the results of a review of the acts, policies, and practices of such country relating to the trade in pharmaceutical products in the previous fiscal year; determines whether such acts, policies, or practices— are not developed and implemented in a fair, nondiscriminatory, and transparent manner; are not market-based or do not appropriately recognize the value of innovative medicines; deny reciprocal market access for United States products; diminish incentives for innovation in a manner that delays, prevents, or otherwise adversely impacts the introduction of new medicines in the United States; violate or are inconsistent with the provisions of, or otherwise deny benefits to the United States under, any bilateral or multilateral trade agreement with such country; are unjustifiable or impose a significant burden or unreasonable or discriminatory restriction on United States commerce with such country; and describes the current status of any responsive actions taken by the United States with respect to acts, policies, or practices for which the United States Trade Representative has determined and included in any prior report, pursuant to subparagraph (B), that the interests of the United States are harmed, including responsive actions pursuant to title III of the Trade Act of 1974 ( 19 U.S.C. 2411 et seq. ).
Not later than 30 days after the United States Trade Representative determines that an act, policy, or practice of a country included in the applicable list required under subsection (b)(1) meets any of the criteria described in subsection (b)(2)(B), the United States Trade Representative shall submit to Committee on Ways and Means of the House of Representatives and the Committee on Finance of the Senate a plan to respond to such adverse action, which may include initiating an investigation under chapter 1 title III of the Trade Act of 1974 ( 19 U.S.C. 2411 et seq. ), in accordance with section 302(b)(1) of such chapter.
Connectionstraces to 2
Traces to 2 documents
Citation graph
cites case law
Cites 2Cited by 0 across 0 sources