H.R.6387 - Afghanistan-Pakistan Security and Prosperity Enhancement Act110th Congress (2007-2008)
|Sponsor:||Rep. Van Hollen, Chris [D-MD-8] (Introduced 06/26/2008)|
|Committees:||House - Ways and Means|
|Latest Action:||House - 07/09/2008 Referred to the Subcommittee on Trade. (All Actions)|
This bill has the status Introduced
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Summary: H.R.6387 — 110th Congress (2007-2008)All Information (Except Text)
Introduced in House (06/26/2008)
Afghanistan-Pakistan Security and Prosperity Enhancement Act - Authorizes the President to designate Reconstruction Opportunity Zones within Afghanistan or Pakistan, provided certain eligibility criteria are met, including that: (1) such countries establish, or make progress toward establishing, a market-based economy, instituting rule of law, protecting core labor standards, and eliminating barriers to trade and investment; (2) such countries can be designated as a beneficiary developing country; and (3) the designation of a Reconstruction Opportunity Zone is appropriate taking into account certain qualifying factors.
Provides for the duty-free treatment of certain textile and apparel products, as well as nontextile and nonapparel products, from a Reconstruction Opportunity Zone through September 30, 2023.
Sets forth requirements to prevent the unlawful transshipment of such products.
Continues the duty-free treatment of such products from a Reconstruction Opportunity Zone in Afghanistan or Pakistan only if the President certifies to Congress that such countries have met certain requirements, including: (1) designation of a labor official; and (2) have agreed to require textile or apparel exporting enterprises to participate in a technical assistance, capacity building, compliance assessment, and remediation program.
Authorizes the President to withdraw, suspend, or limit the application of duty-free treatment under this Act.