HR 5846
Neutralizing Unfair Chinese Export Subsidies Act of 2020
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- Passed House
- Passed Senate
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- Became Law
Bill overview
This bill aims to increase U.S. efforts to ensure China complies with international standards regarding export credit financing. It directs the Treasury Secretary to develop a strategy, in collaboration with allies, to achieve substantial compliance with the OECD Arrangement on Officially Supported Export Credits. The bill shifts the responsibility for leading negotiations on this issue from the President to the Treasury Secretary, and sets a target date of 2026 for eliminating subsidized export financing programs.
Sponsors
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Primary sponsor
Lee M. Zeldin
Cosponsor
Chris Jacobs
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