H.R.1318 - Afghanistan-Pakistan Security and Prosperity Enhancement Act111th Congress (2009-2010)
|Sponsor:||Rep. Van Hollen, Chris [D-MD-8] (Introduced 03/04/2009)|
|Committees:||House - Ways and Means|
|Latest Action:||03/04/2009 Referred to the House Committee on Ways and Means.|
This bill has the status Introduced
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Subject — Policy Area:
- Foreign Trade and International Finance
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Summary: H.R.1318 — 111th Congress (2009-2010)All Bill Information (Except Text)
Introduced in House (03/04/2009)
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, 2024.
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.