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Expanding Sanctions and Corporate Transparency Against Uyghur Genocide.

This law expands US sanctions against individuals and companies responsible for human rights abuses, including forced sterilization and forced labor, in China. For citizens, this means greater investment transparency: publicly traded companies must disclose if they have ties to entities supporting these abuses. Furthermore, the US government is prohibited from contracting with such companies, protecting taxpayer funds.
Key points
Increased investment transparency: Companies on US exchanges must prove they do not engage with entities supporting forced labor or surveillance in the Xinjiang region.
Mandatory denial of US entry for foreign individuals complicit in forced abortions or sterilizations.
US government agencies are prohibited from entering contracts with companies linked to human rights abuses in China.
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Additional Information
Print number: 118_S_1770
Sponsor: Sen. Rubio, Marco [R-FL]
Process start date: 2023-05-31