Sec. 143. Regulatory exchanges with allies and partners
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The Secretary of State, in coordination with the heads of other participating Federal agencies, shall establish and develop a program to facilitate and encourage regular dialogues between United States Government regulatory and technical agencies and their counterpart organizations in allied and partner countries, both bilaterally and in relevant multilateral institutions and organizations— to promote best practices in regulatory formation and implementation; to collaborate to achieve optimal regulatory outcomes based on scientific, technical, and other relevant principles; to seek better harmonization and alignment of regulations and regulatory practices; to build consensus around industry and technical standards in emerging sectors that will drive future global economic growth and commerce; and to promote United States standards regarding environmental, labor, and other relevant protections in regulatory formation and implementation, in keeping with the values of free, open, and democratic societies, including the rule of law.
In facilitating expert exchanges under subsection (a), the Secretary shall prioritize— bilateral coordination and collaboration with countries where greater regulatory coherence, harmonization of standards, or communication and dialogue between technical agencies is achievable and best advances the economic and national security interests of the United States; multilateral coordination and collaboration where greater regulatory coherence, harmonization of standards, or dialogue on other relevant regulatory matters is achievable and best advances the economic and national security interests of the United States, including with the members of— the European Union; the Asia-Pacific Economic Cooperation; the Association of Southeast Asian Nations (ASEAN); the Organization for Economic Cooperation and Development (OECD); the Pacific Alliance; and multilateral development banks; and regulatory practices and standards-setting bodies focused on key economic sectors and emerging technologies.
With regard to the program described in subsection (a), the Secretary of State may facilitate, including through the use of amounts authorized for such purposes pursuant to subsection (d), the participation of relevant organizations and individuals with relevant expertise, as appropriate and to the extent that such participation advances the goals of such program. There is authorized to be appropriated $2,500,000 for each of fiscal years 2025 through 2029 to carry out this section.