,i #aai? ,,congress #b;d ,session ,h4 ,r4 #ijic ,,9 ,,! ,,h\se ,,( ,,repres5tatives ,june #b1 #bjbf ,mr4 ,fitzg]ald 7= himself & ,mr4 ,nunn ( ,i[a7 introduc$ ! foll[+ bill2 :i* 0 ref]r$ to ! ,committee on ,=eign ,affairs ,a ,,bill ,to require a report reg>d+ ! scope ( ef=ts by ! ,p's ,republic ( ,*9a & ,*9ese ,communi/ ,p>ty to utilize ! ,belt & ,road ,initiative to und]m9e ! ,unit$ ,/ates-l$ int]national _w ord] & a detail$ /rategy reg>d+ h[ ! ,unit$ ,/ates ,gov]nm5t int5ds to c\nt] su* ,initiative1 & = o!r purposes4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,build ,responsible ,infra/ructure ,developm5t = ! ,global ,economy ,act or ! ,,bridge ,act4 #b4 ,f9d+s ,congress makes ! foll[+ f9d+s3 7#a7 ,! ,,bri1 en%r9$ 9 ! ,,ccp's con/itution1 is a compreh5sive1 long-t]m economic developm5t /rategy f\nd$ by ,g5]al ,secret>y & ,presid5t ,xi ,j9p+ to l9k regions worldwide ?r\gh multibillion infra/ructure projects4 ,! ,,ccp utilizes ! ,,bri's in=mal framework z a vehicle to e/abli% a ,s9oc5tric _w ord] bas$ on its au?orit>ian model ( gov]nance4 7#b7 ,! ,,bri poses imm$iate & long-t]m risks to ! national security1 economic security1 & int]national influ5ce ( ! ,unit$ ,/ates & our p>tn]s by giv+ ! ,,prc ! ability to project p[] m widely 9 geo/rategic regions su* z ! ,indo-,pacific4 ,! ,,bri1 cov]+ c\ntries repres5t+ ov] half ( ! _w's population & ov] "o-?ird ( global economic output1 seeks to pull nations into ,*9a's geopolitical orbit4 ,9 its second decade1 ! ,,bri's long-t]m risks h begun to mat]ialize 9 cases su* z ,sri ,lanka's ,hambantota ,port debt re/ructur+ & ,paki/an's ,*9a-,paki/an ,economic ,corridor co/ ov]runs1 :ile ,italy's ,decemb] #bjbc )drawal demon/rates t alli$ coord9ation c rev]se ,,bri accession4 7#c7 ,al?\gh ! ,unit$ ,/ates ,gov]nm5t has tak5 /eps to respond to ! ,,bri1 includ+ ?r\gh ! ,p>tn]%ip = ,global ,infra/ructure & ,inve/m5t1 ! reau?orization & expansion ( ! ,unit$ ,/ates ,int]national ,developm5t ,f9ance ,corporation "u ! ,,dfc ,mod]nization & ,reau?orization ,act ( #bjbe1 & ! ,am]ica ,fir/ ,inve/m5t ,policy memor&um1 ! ,unit$ ,/ates has n yet articulat$ a s+le1 integrat$1 gov]nm5t-wide /rategy to c\nt] ! ,,bri1 leav+ ,beij+ room to lev]age its regional inroads worldwide ?r\gh ! ,,bri & o!r ,,prc-alt]native in/itutions to a*ieve global preem95ce4 7#d7 ,! ,unit$ ,/ates %\ld n und]e/imate ! significance ( ! ,,bri & e/abli% a coh]5t1 gov]nm5t-wide /rategy t effectively seeks to c\nt] ,*9a's economic & political scope & influ5ce ?r\gh ! ,,bri4 #c4 ,/atem5t ( policy ,x is ! policy ( ! ,unit$ ,/ates to c\nt] ef=ts by ! ,,prc & ! ,,ccp to create an integrat$ economic & political ord] "u its lead]%ip1 :i* cont9ues to ?reat5 ! national security1 =eign policy1 & economy ( ! ,unit$ ,/ates4 #d4 ,report reg>d+ ! scope ( c]ta9 ef=ts by ! ,p's ,republic ( ,*9a & ,*9ese ,communi/ ,p>ty ) respect to ! ,belt & ,road ,initiative 7a7 ,9 g5]al ,n lat] ?an #ahj days aft] ! date ( ! enactm5t ( ?is ,act1 ! ,secret>y ( ,/ate1 9 coord9ation ) ! ,secret>y ( ,comm]ce1 ! ,*ief ,executive ,(fic] ( ! ,unit$ ,/ates ,int]national ,developm5t ,f9ance ,corporation1 & ! heads ( any o!r relevant ,f$]al dep>tm5t or ag5cy1 %all submit to ! appropriate congressional committees a report t includes ! foll[+3 7#a7 ,in=mation relat+ to ! scope ( ef=ts by ! ,,prc & ,,ccp to utilize ! ,,bri to und]m9e ! ,unit$ ,/ates-l$ int]national _w ord]4 7#b7 ,in=mation relat+ to ! means & objectives ( ! ,,prc & ! ,,ccp 9 us+ ! ,,bri z a vehicle to create a p>allel ord] ( alt]native ,,prc-c5tric organizations4 7#c7 ,an assessm5t ( curr5t ,unit$ ,/ates ,gov]nm5t tools & /rategies to c\nt] ! ,,bri4 7#d7 ,a detail$ /rategy reg>d+ h[ ! ,dep>tm5t ( ,/ate1 ! ,unit$ ,/ates ,int]national ,developm5t ,f9ance ,corporation1 & ! ,dep>tm5t ( ,comm]ce int5d to coord9ate its res\rces to c\nt] ! ,,bri1 includ+ ! =eign assi/ance functions =m]ly adm9i/]$ by ! ,unit$ ,/ates ,ag5cy = ,int]national ,developm5t t h be5 transf]r$ to ! ,dep>tm5t ( ,/ate4 ,su* /rategy %all include ! foll[+3 7,a7 ,a description ( int]ag5cy ef=ts to c\nt] ! ,,bri1 toge!r ) recomm5dations on h[ to bol/] ! ,unit$ ,/ates ,gov]nm5t's economic competition aga9/ ,*9a4 7,b7 ,an assessm5t ( pa/ ef=ts by ! ,unit$ ,/ates ,gov]nm5t to mitigate ! effects ( ,,bri1 z well z ! gaps 9 curr5t ,unit$ ,/ates ,gov]nm5t policy & implem5tation4 7,c7 ,a timel9e t holds ! ,unit$ ,/ates ,gov]nm5t acc\ntable 9 plann+ & execut+ su* /rategy4 7,d7 ,a /rategic roadmap t details h[ ! ,unit$ ,/ates ,gov]nm5t w l9k su* /rategy to broad] national security priorities & objectives1 includ+ ! ,national ,security ,/rategy & ! ,national ,def5se ,/rategy4 7,e7 ,a description t elaborates h[ ! ,unit$ ,/ates ,gov]nm5t w align /rategic plann+ & coord9ation ) key allies & p>tn]s to effectively respond to ! ,,bri1 p>ticul>ly 9 ! ,indo-,pacific4 7b7 ,implem5tation plan ,n lat] ?an "o ye> aft] ! date ( ! enactm5t ( ?is ,act1 ! ,secret>y ( ,/ate1 9 coord9ation ) ! ,secret>y ( ,comm]ce1 ! ,*ief ,executive ,(fic] ( ! ,unit$ ,/ates ,int]national ,developm5t ,f9ance ,corporation1 & ! heads ( any o!r relevant ,f$]al dep>tm5t & ag5cy1 %all submit to ! appropriate congressional committees a plan = implem5t+ ! /rategy describ$ 9 subsection 7a77#d71 includ+ ! foll[+3 7#a7 ,a description ( cle>ly def9$ program metrics1 goals1 t>gets1 & plann$ outcomes = su* /rategy4 7#b7 ,a plan to monitor & evaluate su* /rategy1 & progress made t[>d a*iev+ su* goals1 t>gets1 & plann$ outcomes4 7#c7 ,a plan to ensure su* /rategy is promot+ ,unit$ ,/ates =eign policy goals 9 ! ,indo-,pacific by (f]+ a positive vision = %>$ economic & infra/ructure gr[? 9 a free & op5 int]national ord]4 7c7 ,=m ,! report requir$ by subsection 7a7 %all be submitt$ 9 unclassifi$ =m b may include a classifi$ annex if necess>y4 ,! unclassifi$ portion ( su* report %all be made available on a publicly available int]net website ( ! ,f$]al ,gov]nm5t4 7d7 ,appropriate congressional committees def9$ ,9 ?is section1 ! t]m appropriate congressional committees means-- 7#a7 ! ,committee on ,arm$ ,s]vices1 ! ,committee on ,=eign ,affairs1 & ! ,committee on ,ways & ,means ( ! ,h\se ( ,repres5tatives2 & 7#b7 ! ,committee on ,arm$ ,s]vices1 ! ,committee on ,=eign ,relations1 & ! ,committee on ,f9ance ( ! ,s5ate4 #e4 ,def9itions ,9 ?is ,act3 7#a7 ,,bri ,! t]m ,,bri means ! ,belt & ,road ,initiative ( ! ,,ccp4 7#b7 ,,ccp ,! t]m ,,ccp means ! ,*9ese ,communi/ ,p>ty4 7#c7 ,*9a2 ,,prc ,! t]ms ,*9a & ,,prc mean ! ,p's ,republic ( ,*9a4