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Boosting Foreign Investment in US: New Jobs and Technologies

This act aims to make the United States more attractive to foreign investors, potentially leading to new job creation and the development of advanced technologies. The government will review how to remove investment barriers and enhance the country's competitiveness, while also safeguarding national security and citizens' living standards.
Key points
The U.S. government will conduct a review to find ways to attract more foreign investment, which could mean more jobs in various sectors, including manufacturing and services.
The act aims to support the development of cutting-edge technologies like artificial intelligence and self-driving vehicles, potentially boosting economic innovation and competitiveness.
The review will consider the economic impact of foreign direct investment, including on digital trade and research, and examine how other countries attract capital.
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Additional Information
Print number: 117_HR_2907
Sponsor: Rep. Pence, Greg [R-IN-6]
Process start date: 2021-04-30