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Code · BILL · 117th Congress · H.R. 4792 (Introduced in House) — To counter the malign influence and theft perpetuated by the People’s Republic of China and the Chinese Communist Party. · Sec. 909

Sec. 909. Ensuring non-discrimination with respect to travel policies at the international financial institutions

310 words·~1 min read·/bill/117/hr/4792/ih/section-909

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The Secretary shall instruct the United States Executive Director at each international financial institution to use the voice and vote of the United States to ensure that the travel policies and procedures of the respective institution with respect to Taiwan as a destination or transit point do not impose any administrative conditions, including through restrictions on logistical arrangements or meeting participants, that do not generally apply to a member country of the institution as a destination or transit point, except as required temporarily for reasons of public safety or public health.
In this section: The term international financial institution has the meaning given the term in section 1701(c)(2) of the International Financial Institutions Act. The term Secretary means the Secretary of the Treasury. The Secretary may waive subsection
(a)with respect to an international financial institution for up to 1 year at a time on reporting to the Congress that providing the waiver— will substantially promote the objective of securing more equitable treatment of Taiwan at the international financial institution; or is in the national interest of the United States, with a detailed explanation of the reasons therefor. The Chairman of the National Advisory Council on International Monetary and Financial Policies shall submit to the Congress an annual report that describes the progress made in advancing the travel policies and procedures described in subsection (a), and may consolidate that report with the annual report required by section 1701 of the International Financial Institutions Act or any other report required to be submitted to the Secretary. This section shall have no force or effect beginning with the earlier of— the date that is 7 years after the date of the enactment of this Act; or the date on which the Secretary reports to the Congress that each international financial institution has adopted the travel policies and procedures described in subsection (a).
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