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Code · BILL · 117th Congress · S. 4112 (Introduced in Senate) — To address issues involving the economic statecraft of the United States, and for other purposes. · Sec. 242

Sec. 242. Sense of Congress regarding improving resilience capacities through foreign assistance

177 words·~1 min read·/bill/117/s/4112/is/section-242

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It is the sense of Congress that United States foreign assistance and development finance must better suit its foreign assistance and development finance institutions to improve global resilience capacities and mitigate the harmful effects of international shocks and stresses, including by— equipping people, institutions, and international systems with the tools and resources necessary to avoid, cope with, and recover from modern threats, such as pandemic diseases, climate change, and extreme weather, cybersecurity compromises, and supply chain disruptions; partnering with other countries to better assess their vulnerabilities and risks to international shocks and identifying sustainable strategies for mitigating risk and improving resilience; prioritizing funding for foreign assistance and development finance initiatives that seek to prevent, respond and reduce risks of international shocks; expanding foreign capacity building initiatives in law enforcement, public health, cybersecurity, food and energy security; strengthening institutions that facilitate economic cooperation and transparency in times of international crisis and uncertainty; and providing support for countries to strengthen domestic resource mobilization and access to effective and equitable development finance in order to reduce dependence on foreign assistance.
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