,i #aacth ,,congress #b;d ,session ,h4 ,r4 #dhgg ,,in ,,the ,,house ,,of ,,representatives ,june #ag1 #bjad ,ms4 ,bass 7for herself1 ,mr4 ,connolly1 ,mr4 ,cicilline1 and ,mr4 ,smith of ,washington7 introduced the following bill2 which was referred to the ,committee on ,foreign ,affairs ,a ,,bill ,to amend the ,millennium ,challenge ,act of #bjjc to authorize concurrent compacts for purposes of regional economic integration and cross-border collaborations1 and for other purposes4 #a4 ,short title ,this ,act may be cited as the ,millennium ,compacts for ,regional ,economic ,integration ,act or ,m-,,core ,act4 #b4 ,findings ,congress finds the following3 7#a7 ,for more than a decade1 six of the world's #aj fastest growing economies are located in sub-,saharan ,africa4 7#b7 ,many ,african nations are landlocked and their economies are isolated and will require greater support to benefit from regional integration of markets1 infrastructure1 and trade promotion type policies4 7#c7 ,by connecting isolated ,african economies1 there exists the potential to increase investment opportunities and support market-based growth4 7#d7 ,while the ,african continent has experienced positive economic growth trends1 successfully addressing the continent's infrastructure gaps could increase gross domestic product growth by an estimated two percent4 7#e7 ,in recent years1 the ,world ,bank has doubled its investment in ,african regional integration from #a4h billion to #c4f billion for projects to address infrastructure deficiencies1 unemployment1 and poverty reduction4 7#f7 ,african nations1 including regional economic bodies1 have increasingly realized that a key driver to economic growth must involve greater cross-border collaboration and regional economic integration to address deficiencies in areas such as communications1 transport1 and energy networks4 7#g7 ,the ,millennium ,challenge ,corporation's compacts have increased access to reliable power1 enhanced highway corridors1 and upgraded regional trading hubs1 thereby promoting economic growth and cross-border engagement between and among ,african nations4 #c4 ,purpose ,this purpose of this ,act is to expand the ,millennium ,challenge ,corporation's ability to develop compacts with nations1 particularly in ,africa1 that promote regional economic integration and cross-border collaborations4 #d4 ,millennium ,challenge ,compact 7a7 ,concurrent compacts ,section #fji of the ,millennium ,challenge ,act of #bjjc 7#bb ,u4,s4,c4 #ggjh7 is amended-- 7#a7 by striking the first sentence of subsection 7k72 and 7#b7 by inserting after subsection 7k7 the following new subsection3 7l7 ,concurrent compacts ,in accordance with the requirements of this title1 an eligible country and the ,united ,states may enter into and have in effect more than one ,compact at any given time1 including a concurrent ,compact for purposes of regional economic integration or cross-border collaborations1 only if the ,board determines that the country is making considerable and demonstrable progress in implementing the terms of existing ,compacts and supplementary agreements thereto4 4 7b7 ,applicability ,the amendments made by subsection 7a7 apply with respect to ,compacts entered into between the ,united ,states and an eligible country under the ,millennium ,challenge ,act of #bjjc before1 on1 or after the date of the enactment of this ,act4 7c7 ,conforming amendment ,section #fac7;b77#b77;,a7 of such ,act 7#bb ,u4,s4,c4 #ggab7;b77#b77;,a77 is amended by striking 8the0 before 8,compact0 and inserting 8any04