Sec. 504. Chief of mission economic responsibilities
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Section 207 of the Foreign Service Act of 1980 ( 22 U.S.C. 3927 ) is amended by adding at the end the following: Each chief of mission shall coordinate and supervise the implementation of all United States economic policy interests within the host country in which the diplomatic mission is located, among all United States Government departments and agencies present in such country. The chief of mission is responsible for the performance of the diplomatic mission in advancing United States economic policy interests within the host country.
The chief of mission shall designate appropriate embassy staff to form a mission economic team that— monitors notable economic, commercial, and investment-related developments in the host country; and develops plans and strategies for advancing United States economic and commercial interests in the host country, including— tracking legislative, regulatory, judicial, and policy developments that could affect United States economic, commercial, and investment interests; advocating for best practices with respect to policy and regulatory developments; conducting regular analyses of market systems, trends, prospects, and opportunities for value-addition, including risk assessments and constraints analyses of key sectors and of United States strategic competitiveness, and other reporting on commercial opportunities and investment climate; and providing recommendations for responding to developments that may adversely affect United States economic and commercial interests. .
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Sec. 504
Chief of mission economic responsibilities
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