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Black Sea Security Act: Strengthening Regional Stability

This act aims to enhance security and stability in the Black Sea region, which could impact food and energy supplies to Europe, as well as the overall economic situation. These actions are intended to counter Russian and Chinese aggression and influence, potentially leading to greater predictability in trade and travel in the region.
Key points
Increased US and NATO military presence in the Black Sea region, potentially enhancing security.
Support for regional countries to reduce their energy dependence on Russia, which could affect energy price stability.
Measures to improve food supply security, crucial for price stability and product availability.
Promoting economic development and investment in the region, potentially creating new business opportunities and jobs.
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Additional Information
Print number: 117_HR_9511
Sponsor: Rep. Keating, William R. [D-MA-9]
Process start date: 2022-12-13