,,ii #aadth ,,congress #b;d ,session ,s4 #bheg ,,in ,,the ,,senate ,,of ,,the ,,united ,,states ,april #bg1 #bjaf,mr4 ,cornyn 7for himself and ,mr4 ,warner7 introduced the following bill2 which was read twice and referred to the ,committee on ,foreign ,relations ,a ,,bill ,to direct the ,secretary of ,state to develop a strategy to obtain membership status for ,india in the ,asia-,pacific ,economic ,cooperation 7,,apec71 and for other purposes4 #a4 ,participation of ,india in the ,asia-,pacific ,economic ,cooperation regional economic forum 7a7 ,findings ,congress finds the following3 7#a7 ,the ,republic of ,india is the world's ninth largest economy in nominal terms and the third largest economy based on purchasing-power parity4 7#b7 ,the ,united ,states-,india partnership is vital to ,united ,states strategic interests in the ,asia-,pacific region and across the globe1 and is an integral aspect to the ,administration's ,rebalance to ,asia4 7#c7 ,united ,states-,india bilateral trade and investment continue to expand1 supporting thousands of ,united ,states jobs4 7#d7 ,the ,asia-,pacific ,economic ,cooperation 7,,apec7 regional economic forum is the premier ,asia-,pacific economic forum with a goal to support sustainable economic growth and prosperity in the ,asia-,pacific region4 7#e7 ,,apec works to champion free1 open trade and investment1 to promote and accelerate regional economic integration1 to encourage economic and technical cooperation1 to enhance human security1 and to facilitate a favorable and sustainable business environment4 7#f7 ,,apec held a moratorium on new membership from #aiig to #bjaj1 which has since been lifted4 7#g7 ,india has pursued membership in ,,apec for over #bj years1 and became an ,,apec observer in ,november #bjaa at the invitation of the ,united ,states1 when the forum met in ,hawaii4 7#h7 ,india enjoys a location within the ,asia-,pacific region which provides an avenue for continued trade and investment partnerships with ,,apec member states4 7#i7 ,india has been or is pursuing bilateral or multilateral trade agreements with the majority of ,,apec member states4 7#aj7 ,india's ,look ,east1 ,act ,east strategy to expand economic engagement with ,east and ,southeast ,asia demonstrates its effort to pursue external oriented1 market-driven economic policies4 7b7 ,actions ,the ,secretary of ,state shall-- 7#a7 develop a strategy to obtain membership status for ,india in ,,apec1 including participation in related meetings1 working groups1 activities1 and mechanisms2 and 7#b7 actively urge ,,apec member states to support such membership status for ,india4 7c7 ,report ,not later than #fj days after the date of the enactment of this ,act1 the ,secretary of ,state shall submit to ,congress a report1 in unclassified form1 describing the ,united ,states strategy to obtain membership status for ,india in ,,apec4 ,such report shall be updated and submitted annually until such time as ,india obtains membership in ,,apec4 ,each such report shall include the following3 7#a7 ,a description of the efforts the ,secretary has made to encourage ,,apec member states to promote ,india's bid to obtain membership status4 7#b7 ,the further steps the ,secretary will take to assist ,india in obtaining membership status for ,,apec4