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Code · BILL · 117th Congress · H.R. 4521 (EAS) — 112 HR 4521 EAS: United States Innovation and Competition Act of 2021 · Sec. 74002

Sec. 74002. Supplemental reviews and reporting

643 words·~3 min read·/bill/117/hr/4521/eas/section-74002

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Section 502 of the Trade Act of 1974, as amended by section 74001, is further amended by adding at the end the following: The President shall— on an annual basis— conduct assessments of the compliance of an appropriate number of countries designated as beneficiary developing countries for purposes of this title in meeting or continuing to meet the eligibility requirements under this title; and make determinations with respect to whether to initiate full reviews of the practices of those countries to assess the continued eligibility of those countries for designation as beneficiary developing countries under this title; and submit to Congress a report consisting of the results of such assessments and determinations.
The President shall conduct an assessment described in clause
(i)of paragraph (1)(A) and make a determination described in clause
(ii)of that paragraph with respect to each country designated as a beneficiary developing country for purposes of this title not less frequently than once every 3 years. . It is the policy of the United States to support gender equality and worker rights by promoting legal reforms that address legal, structural, and social barriers that constrain the full and free economic participation of all workers in the global economy. Title V of the Trade Act of 1974 ( 19 U.S.C. 2461 et seq. ) is amended by inserting after section 504 the following: Not later than 15 months after the date of the enactment of this section, and every 2 years thereafter, the United States Trade Representative and the Deputy Undersecretary of Labor for International Affairs, in consultation with the policy advisory committee on labor established under section 135(c)(1), shall jointly submit to Congress an assessment of the effectiveness of the administration of this title in maintaining or strengthening the efforts of beneficiary developing countries relating to the factors described in paragraphs
(7)and
(9)of section 502(c). The assessment required by subsection
(a)shall include— an explanation of the methodology and sources used to prepare the assessment; and where relevant, citations to data, information, studies, and assessments that were used to prepare the assessment and were gathered, compiled, or developed by the United States Government, foreign governments, multilateral institutions, nongovernmental organizations, or educational institutions. To support the measurement of women’s economic empowerment, the Trade Representative shall encourage and support the reporting by beneficiary developing countries of sex-disaggregated economic and business data, including the gathering of information consistent with the United Nations Sustainable Development Goals, particularly the goals relating to gender equality and decent work. . The table of contents for the Trade Act of 1974 is amended by inserting after the item relating to section 504 the following: Sec. 504A. Assessment of effectiveness in strengthening and maintaining internationally recognized worker rights and women’s entrepreneurship and economic empowerment. . Not later than July 1, 2023, the United States International Trade Commission shall submit to Congress a report that contains a study on rules of origin, utilization rates, and eligibility requirements for articles under the Generalized System of Preferences program under title V of the Trade Act of 1974 ( 19 U.S.C. 2461 et seq. ), including an assessment of— the rate of utilization of the program by countries designated as least-developed beneficiary developing countries under section 502(a)(2) of that Act ( 19 U.S.C. 2462(a)(2) ); the effectiveness of the rules of origin of the program in— promoting trade benefits to least-developed beneficiary developing countries under the program; and preventing the transshipment of articles from countries that are not designated as beneficiary developing countries under section 502(a)(1) of that Act ( 19 U.S.C. 2462(a)(1) ); and the requirements and procedures for designating articles as eligible articles under section 503 of that Act ( 19 U.S.C. 2463 ), including— the competitive need limitation under subsection (c)(2) of that section; and the process for waiving that limitation under subsection
(d)of that section.
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Sec. 74002
Supplemental reviews and reporting
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