,,ii  #aai? ,,congress  #a/ ,session    
,s4 #bhfa  ,,9 ,,! ,,s5ate ,,( ,,!      
,,unit$ ,,/ates  ,septemb] #ah          
7legislative day1 ,septemb] #af71 #bjbe 
,mr4 ,mc,cormick 7= himself & ,ms4      
,cortez ,ma/o7 introduc$ ! foll[+ bill2 
:i* 0 read twice & ref]r$ to !          
,committee on ,f9ance  ,a ,,bill  ,to   
direct ! ,unit$ ,/ates ,trade           
,repres5tative to prioritize ,nor?      
,am]ican alignm5t on =eign inve/m5t     
review dur+ ! next jo9t review conduct$ 
"u ! ,unit$ ,/ates-,mexico-,canada      
,agreem5t4  #a4  ,%ort title  ,?is ,act 
may be cit$ z ! ,protect+ ! ,,usmca f   
,h>mful ,*9ese ,inve/m5t ,act4  #b4     
,nor? ,am]ican alignm5t on =eign        
inve/m5t review  7a7  ,s5se ( ,congress 
,x is ! s5se ( ,congress t-- 7#a7       
,canada & ,mexico are ! two l>ge/ trad+ 
p>tn]s ( ! ,unit$ ,/ates1 ) bilat]al    
goods & s]vices trade betwe5 ! ,unit$   
,/ates & ea* su* c\ntry rea*+           
approximately #a1jjj1jjj1jjj1jjj 9      
#bjbd2  7#b7 ! ,unit$                   

,/ates-,mexico-,canada ,agreem5t        
7,,usmca7 und]p9s mu* ( ! trade ref]r$  
to 9 p>agraph 7#a7 & promotes a /rong   
,nor? ,am]ican supply *a9 t supports    
millions ( good-pay+ jobs 9 ! ,unit$    
,/ates2  7#c7 giv5 ! close economic     
relation%ip betwe5 ! ,unit$ ,/ates1     
,mexico1 & ,canada "u ! ,,usmca1 ensur+ 
t ea* p>ty has robu/ inve/m5t review    
me*anisms 9 place is important t[>ds    
/r5g!n+ ! collective national security  
int]e/s ( ^? c\ntries aga9/ risks /emm+ 
f =eign inve/m5ts by nonm>ket economy   
c\ntries1 includ+ ! ,p's ,republic (    
,*9a2  7#d7 ! ,committee on ,=eign      
,inve/m5t 9 ! ,unit$ ,/ates plays a     
critical role 9 protect+ ! national     
security ( ! ,unit$ ,/ates by review+   
=eign inve/m5ts = national security     
risks2 &  7#e7 ! e/abli%m5t by ,mexico &
 ,canada ( legislative & regulatory     
frameworks to review =eign inve/m5ts =  
national security risks t are simil> to 
! framework e/abli%$ "u section #gba ( !
 ,def5se ,production ,act ( #aiej 7#ej  

,u4,s4,c4 #defe7 w\ld--  7,a7 advance ! 
national security int]e/s ( ! ,unit$    
,/ates2 &  7,b7 all[ = clos] coord9ation
 betwe5 ! ,,usmca c\ntries ) respect to 
%>$ ?reats f inve/m5ts by nonm>ket      
economy c\ntries 9 /rategically         
important economic sectors & critical   
infra/ructure 9 ,nor? ,am]ica4  7b7     
,jo9t review negotiation objective      
,subject to ! requirem5ts ( section #faa
 ( ! ,unit$ ,/ates-,mexico-,canada      
,agreem5t ,implem5tation ,act 7#ai      
,u4,s4,c4 #dfaa71 dur+ ! fir/ jo9t      
review conduct$ aft] ! date ( ! enactm5t
 ( ?is ,act1 ! ,trade ,repres5tative    
%all advocate =--  7#a7 ea* ,,usmca     
c\ntry to implem5t a legislative &      
regulatory framework = review+ =eign    
inve/m5t = national security risks t is 
simil> to ! framework e/abli%$ "u       
section #gba ( ! ,def5se ,production    
,act ( #aiej 7#ej ,u4,s4,c4 #defe72 &   
7#b7 ! e/abli%m5t ( a me*anism = ,,usmca
 c\ntries to coord9ate to address %>$   
?reats f inve/m5ts by nonm>ket economy  

c\ntries4  7c7  ,te*nical assi/ance  ,9 
c>ry+ out subsection 7b71 ! ,trade      
,repres5tative %all coord9ate ) !       
,secret>y ( ! ,treasury & ! ,secret>y ( 
,/ate ) respect to ! provision (        
te*nical assi/ance to ,,usmca c\ntries  
to support ! e/abli%m5t ( frameworks =  
review+ =eign inve/m5ts = national      
security risks4  7d7  ,def9itions  ,9   
?is section3 7#a7 ,jo9t review ,! t]m   
jo9t review has ! mean+ giv5 t t]m 9    
section #faa ( ! ,unit$                 
,/ates-,mexico-,canada ,agreem5t        
,implem5tation ,act 7#ai ,u4,s4,c4      
#dfaa74  7#b7  ,nonm>ket economy c\ntry 
,! t]m nonm>ket economy c\ntry has !    
mean+ giv5 t t]m 9 section #gga7ah7 ( ! 
,t>iff ,act ( #aicj 7#ai ,u4,s4,c4      
#afgg7ah774  7#c7  ,te*nical assi/ance  
,! t]m te*nical assi/ance includes--    
7,a7 ! use ( %ort-t]m & long-t]m exp]t  
advis]s to assi/ =eign gov]nm5ts ) !    
e/abli%m5t ( frameworks = review+ =eign 
inve/m5ts = national security risks2    
7,b7 tra9+ 9 ! recipi5t c\ntry1 ! ,unit$

 ,/ates1 or else:]e = ! e/abli%m5t ( su*
 frameworks2  7,c7 grants ( goods1      
s]vices1 or funds to =eign gov]nm5ts2   
7,d7 grants to ,unit$ ,/ates nonpr(it   
organizations to provide s]vices or     
products t contribute to ! provision (  
advice to =eign gov]nm5ts2 &  7,e7 /udy 
t\rs = =eign (ficials 9 ! ,unit$ ,/ates 
or else:]e = ! purpose ( provid+        
te*nical in=mation to su* (ficials4     
7#d7  ,trade ,repres5tative  ,! t]m     
,trade ,repres5tative means ! ,unit$    
,/ates ,trade ,repres5tative4  7#e7     
,,usmca  ,! t]m ,,usmca has ! mean+ giv5
 t t]m 9 section #c ( ! ,unit$          
,/ates-,mexico-,canada ,agreem5t        
,implem5tation ,act 7#ai ,u4,s4,c4      
#dejb74  7#f7  ,,usmca c\ntry  ,! t]m   
,,usmca c\ntry has ! mean+ giv5 t t]m 9 
section #bjb7;a7 ( ! ,unit$             
,/ates-,mexico-,canada ,agreem5t        
,implem5tation ,act 7#ai ,u4,s4,c4      
#deca7;a774