Sec. 121. Report on strategy and implementation
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Not later than 180 days after the date of the enactment of this Act, the Secretary of State shall submit to the appropriate committees of Congress a report on activities under this subtitle. The report required under paragraph
(1)shall include the following elements: A description of the establishment of the program authorized by section 111(a) describing the development of the program, the major elements of the program, the personnel and institutions involved, and specifics on how the program incorporates the elements described in section 111(a). A description of the development and implementation of the strategy described in section 116, including— the development and use of data and analytical tools by the Office of the Chief Economist in assessing potential interventions that could be pursued to address identified vulnerabilities to economic coercion in advance of such coercion or in preparation for such coercion; a strategy for public engagement before, during and after instances of economic coercion to build resilience, domestic and international support to counter such coercion; and how the Secretary of State will work with interagency stakeholders to implement the strategy required under section 116, and the potential contributions of other Federal departments and agencies to programs, initiatives, and activities that complement the Economic Defense Response Fund authorized in section 112. Not later than 90 days after the activation of an economic defense response team pursuant to section 111(b), and annually thereafter for so long as such team is active, the Secretary of State shall submit to the appropriate committees of Congress a report describing the operations of the team with respect to the targeted country and an assessment of its effectiveness in countering the negative impact to the targeted country of PRC economic coercion. the report required under paragraph
(1)shall be unclassified but may include a classified annex.