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Strengthening US Leadership at IDB: Reducing China's Influence in Development Projects.

This law directs the US government to use its influence at the Inter-American Development Bank (IDB) to significantly reduce the participation and influence of Chinese entities in IDB-funded projects. The goal is to safeguard US national and economic security interests and promote greater transparency, while encouraging the IDB to prioritize procurement from US and allied companies. This shift aims to align international development funding more closely with US strategic goals in Latin America and the Caribbean.
Key points
The US must vote against IDB projects that pose a risk to US national or economic security due to the involvement of Chinese entities or trust funds.
The IDB will be encouraged to prioritize procurement from US and partner country entities, focusing on value and transparency over the lowest initial cost.
The law mandates detailed reports on the extent of China's influence within the IDB and its projects, especially those near US or allied military sites.
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Additional Information
Print number: 119_S_2626
Sponsor: Sen. McCormick, David [R-PA]
Process start date: 2025-07-31