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US Support for Ukraine to Review Foreign Investments, Especially from China.

This bill requires the Secretary of State to negotiate with Ukraine to establish a foreign investment review system, similar to the US model, focusing particularly on investments originating from China. While this is a foreign policy measure, it allocates US taxpayer funds to provide training, equipment, and expert consultations to help Ukraine secure its economy.
Key points
The US must seek negotiations with Ukraine to create a system for screening foreign investments, particularly those linked to China.
The US will provide assistance, including training and equipment, to help Ukrainian officials run this new review mechanism.
$1 million annually is authorized from 2025 through 2029 to fund this international assistance effort.
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Additional Information
Print number: 118_S_4849
Sponsor: Sen. Rubio, Marco [R-FL]
Process start date: 2024-07-30