,,ii #aaf? ,,congress #a/ ,session ,s4 #bcch ,,9 ,,! ,,s5ate ,,( ,,! ,,unit$ ,,/ates ,july #cj1 #bjai ,mr4 ,van ,holl5 7= himself1 ,mr4 ,graham1 ,mr4 ,moran1 & ,mr4 ,m]kley7 introduc$ ! foll[+ bill2 :i* 0 read twice & ref]r$ to ! ,committee on ,bank+1 ,h\s+1 & ,urban ,affairs ,a ,,bill ,to prohibit ! ,export-,import ,bank ( ! ,unit$ ,/ates f f9anc+ ! export ( nucle> te*nology1 equipm5t1 fuel1 mat]ials1 or o!r goods or s]vices to ,saudi ,arabia1 & = o!r purposes4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,prev5t+ ,nucle> ,prolif]ation 9 ,saudi ,arabia ,act ( #bjai4 #b4 ,prohibition on ,export-,import ,bank f9anc+ = export ( nucle> te*nology1 equipm5t1 fuel1 mat]ials1 or o!r goods or s]vices to ,saudi ,arabia 7a7 ,f9d+s ,congress makes ! foll[+ f9d+s3 7#a7 ,! ,export-,import ,bank ( ! ,unit$ ,/ates id5tifies global nucle> p[] z a key & gr[+ indu/ry 9 :i* ! ,bank has play$ an important role by f9anc+ ! export ( ,unit$ ,/ates nucle> equipm5t1 fuel1 te*nology1 & s]vices to =eign pur*as]s4 7#b7 ,9 ,septemb] #bjab1 ! ,export-,import ,bank au?oriz$ a #b1jjj1jjj1jjj direct loan to ! ,b>akah ,"o ,company ( ! ,unit$ ,arab ,emirates to f9ance ! export ( ,unit$ ,/ates equipm5t & s]vice-exp]tise = ! con/ruction ( a nucle> p[] plant 9 ! ,unit$ ,arab ,emirates1 ! fir/ ( its k9d on ! ,arabian ,p59sula4 7#c7 ,! transaction to f9ance ! con/ruction ( ! ,b>akah nucle> p[] plant 0 enabl$ by ! e/abli%m5t ( a bilat]al nucle> coop]ation agreem5t betwe5 ! ,unit$ ,/ates & ! ,unit$ ,arab ,emirates made pursuant to section #abc ( ! ,atomic ,en]gy ,act ( #aied 7#db ,u4,s4,c4 #baec71 9 :i* ! ,unit$ ,arab ,emirates committ$ to =go uranium enri*m5t & reprocess+ on its t]ritory & 0 obligat$ to br+ into =ce an ,additional ,protocol to its ,compreh5sive ,safegu>ds ,agreem5t ) ! ,int]national ,atomic ,en]gy ,ag5cy4 7#d7 ,! nucle> coop]ation agreem5t1 :i* 0 sign$ on ,may #ba1 #bjji1 became kn[n z ! fir/ gold /&>d civil nucle> agreem5t & 0 view$ z a /ep t[>d build+ a /rong nonprolif]ation framework 9 ! region4 7#e7 ,9 accordance ) t agreem5t1 ! ,unit$ ,arab ,emirates res]ves ! "r to am5d its t]ms 9 ! ev5t ! ,unit$ ,/ates e/abli%es a peaceful nucle> coop]ation agreem5t ) ano!r non-nucle>-weapon /ate 9 ! ,middle ,ea/ t is less prescriptive 9 scope & effect ?an its agreem5t ) ! ,unit$ ,/ates4 7#f7 ,! ,gov]nm5t ( ,saudi ,arabia int5ds to develop an ext5sive civilian nucle> program1 includ+ ! con/ruction ( #b nucle> p[] reactors & multiple small modul> reactors4 7#g7 ,= ! con/ruction ( its fir/ #b nucle> p[] reactors1 ! ,gov]nm5t ( ,saudi ,arabia plans to issue a multi-billion doll> t5d] 9 #bjbj1 & among ! pot5tial suppli]s is ! ,unit$ ,/ates4 7#h7 ,! ,gov]nm5t ( ,saudi ,arabia curr5tly has 9 place a ,small ,quantities ,protocol to its ,compreh5sive ,safegu>ds ,agreem5t ) ! ,int]national ,atomic ,en]gy ,ag5cy1 an agreem5t t susp5ds ! application ( a numb] ( safegu>ds requirem5ts = a c\ntry ) m9imal nucle> mat]ial activities on its t]ritory or "u its jurisdiction4 7#i7 ,despite its plans to develop an ext5sive civilian nucle> program & int]e/ 9 ! ,unit$ ,/ates z a suppli] ( nucle> te*nology & exp]tise1 ! ,gov]nm5t ( ,saudi ,arabia has demon/rat$ little will+ness to accept /rong nonprolif]ation measures1 su* z an ,additional ,protocol to its ,compreh5sive ,safegu>ds ,agreem5t ) ! ,int]national ,atomic ,en]gy ,ag5cy1 & has ev5 express$ a desire = acquir+ uranium enri*m5t te*nology4 7#aj7 ,fully functional ) a quorum & if reau?oriz$ beyond ,septemb] #cj1 #bjai1 :5 its curr5t *>t] lapses1 ! ,export-,import ,bank w rega9 its ability to f9ance ,unit$ ,/ates nucle> exports by ext5d+ loans & cr$it to =eign pur*as]s4 7b7 ,s5se ( ,congress ,x is ! s5se ( ,congress t-- 7#a7 any provision ( f9anc+ assi/ance by ! ,export-,import ,bank ( ! ,unit$ ,/ates to ,saudi ,arabia = ! import ( ,unit$ ,/ates nucle> te*nology1 equipm5t1 fuel1 mat]ials1 or goods or s]vices %\ld be condition$ on ! commitm5t ( ! ,gov]nm5t ( ,saudi ,arabia to r5\nce uranium enri*m5t & reprocess+ on its t]ritory & its adoption & implem5tation ( an ,additional ,protocol to its ,compreh5sive ,safegu>ds ,agreem5t ) ! ,int]national ,atomic ,en]gy ,ag5cy z a way to advance ,unit$ ,/ates nonprolif]ation & nucle> coop]ation objectives 9 ! region2 & 7#b7 to fur!r bol/] nonprolif]ation ef=ts 9 ! region1 ! ,unit$ ,/ates %\ld oppose1 ?r\gh ! ,nucle> ,suppli]s ,gr\p1 ! export ( nucle> te*nology to ,saudi ,arabia until ! ,gov]nm5t ( ,saudi ,arabia has-- 7,a7 committ$ to r5\nc+ uranium enri*m5t & reprocess+ on its t]ritory2 & 7,b7 sign$ & implem5t$ an ,additional ,protocol to its ,compreh5sive ,safegu>ds ,agreem5t ) ! ,int]national ,atomic ,en]gy ,ag5cy4 7c7 ,prohibition ,! ,export-,import ,bank ( ! ,unit$ ,/ates may n gu>antee1 insure1 or ext5d 7or p>ticipate 9 ! ext5sion (7 cr$it 9 connection ) ! export ( nucle> te*nology1 equipm5t1 fuel1 mat]ials1 or o!r goods or s]vices to ,saudi ,arabia unless-- 7#a7 ! ,gov]nm5t ( ,saudi ,arabia-- 7,a7 has 9 effect a nucle> coop]ation agreem5t pursuant to section #abc ( ! ,atomic ,en]gy ,act ( #aied 7#db ,u4,s4,c4 #baec72 7,b7 has sign$ & implem5t$ an ,additional ,protocol to its ,compreh5sive ,safegu>ds ,agreem5t ) ! ,int]national ,atomic ,en]gy ,ag5cy2 & 7,c7 has committ$ n to possess s5sitive nucle> facilities )9 its t]ritory or o!rwise to engage 9 activities relat+ to ! enri*m5t or reprocess+ ( nucle> mat]ial2 & 7#b7 n less ?an #cj days be=e ! ,bo>d ( ,directors ( ! ,bank provides f9al approval to ! gu>antee1 insurance1 or ext5sion 7or p>ticipation 9 ! ext5sion7 ( cr$it1 ! ,bank1 9 coord9ation ) ! ,secret>y ( ,/ate & ! ,*airman ( ! ,nucle> ,regulatory ,commission1 submits to ! appropriate congressional committees a report t includes-- 7,a7 a detail$ description (1 & an explanation = provid+ ! gu>antee1 insurance1 or ext5sion 7or p>ticipation 9 ! ext5sion7 ( cr$it =1 ! transaction2 7,b7 a description ( ! nucle> te*nology1 equipm5t1 fuel1 mat]ials1 or o!r goods or s]vices t w be export$ to ,saudi ,arabia2 7,c7 ! "n1 address1 & place ( incorporation or o!r legal organization ( ! imm$iate p>5t1 ! ultimate p>5t1 & ea* imm$iate p>5t1 if any1 ( ! =eign entities t are p>ties to ! transaction2 7,d7 ! "n ( all ,unit$ ,/ates bus9esses t are p>ties to ! transaction2 & 7,e7 ! "n ( any & all o!r f9ancial in/itutions involv$ 9 ! transaction1 includ+ z advisors1 und]writ]s1 or a s\rce ( f9anc+ = ! transaction4 7d7 ,treatm5t ( confid5tial in=mation ,if ! ,export-,import ,bank ( ! ,unit$ ,/ates det]m9es t any in=mation requir$ to be includ$ 9 ! report "u subsection 7c77#b7 %\ld be made confid5tial1 t in=mation may be submitt$ 9 a sep>ate & confid5tial report to ! *airm5 & rank+ memb]s ( ! appropriate congressional committees4 7e7 ,def9itions ,9 ?is section3 7#a7 ,appropriate congressional committees ,! t]m appropriate congressional committees means-- 7,a7 ! ,committee on ,bank+1 ,h\s+1 & ,urban ,affairs & ! ,committee on ,=eign ,relations ( ,s5ate2 & 7,b7 ! ,committee on ,f9ancial ,s]vices & ! ,committee on ,=eign ,affairs ( ! ,h\se ( ,repres5tatives4 7#b7 ,s5sitive nucle> facility ,! t]m s5sitive nucle> facility means any facility design$ or us$ prim>ily = uranium enri*m5t1 reprocess+ ( nucle> fuel1 heavy wat] production1 or fabrication ( nucle> fuel conta9+ plutonium4