Us Congress 2023-2024 Regular Session

Us Congress Senate Bill SR273

Introduced
6/22/23  

Caption

A resolution promoting stronger economic relations between the United States, Canada, and countries in Latin America and the Caribbean.

Impact

If enacted, SR273 would bolster U.S. economic leadership by encouraging investments and collaborations with Latin American and Caribbean nations. By recognizing the vulnerabilities of dependent supply chains in China, the resolution supports the diversification of supply chains, thereby enhancing both economic security and recovery from impacts of the pandemic on local economies. The focus includes not only increasing trade but also ensuring that this trade promotes labor and environmental standards across participating countries.

Summary

SR273 is a resolution aimed at promoting stronger economic relationships between the United States, Canada, and countries in Latin America and the Caribbean. The bill highlights the necessity of strengthening economic ties in light of ongoing global supply chain disruptions exacerbated by the COVID-19 pandemic. It advocates for initiatives that facilitate reshoring and nearshoring, which could enhance the resilience and security of supply chains across the Western Hemisphere. The intent is to lessen dependency on over-concentrated supply chains primarily centered in China.

Contention

A notable point of contention surrounding SR273 is the emphasis on compliance concerning labor and environmental standards and the potential pitfalls posed by corruption and criminal activities in Latin America. Critics may argue that while the resolution aims for increased economic connections, it must not overlook the significant challenges of governance, transparency, and worker rights that could thwart the very goals it intends to achieve. The resolution calls for strong legal frameworks and cooperation among nations to ensure these standards are met, which may pose complications in its implementation.

Companion Bills

No companion bills found.

Previously Filed As

US HB1704

Latin America and Caribbean Nearshoring Act

US SR92

A resolution expressing concern that illegal, unregulated, and unreported fishing threatens security, prosperity, and biodiversity in Latin America and the Caribbean and facilitates human trafficking, including forced labor, and other inhumane and criminal practices in the region.

US HR98

Reaffirming the partnership between the United States and the Dominican Republic and advancing opportunities to deepen diplomatic, economic, and security cooperation between the two nations.

US SR239

A resolution reaffirming the deep and steadfast partnership between the United States and Canada and the ties that bind the 2 countries in support of economic and national security.

US SR142

A resolution expressing concern about environmental crimes and attacks on the human rights of environmental and land defenders in Latin America and the Caribbean.

US SR258

A resolution reaffirming the importance of the United States promoting the safety, health, and well-being of refugees and displaced persons in the United States and around the world.

US SR140

A resolution commemorating 200 years of official relations between the United States of America and the Republic of Chile.

US HR943

Calling for the annulment of the Monroe Doctrine and the development of a "New Good Neighbor" policy in order to foster improved relations and deeper, more effective cooperation between the United States and our Latin American and Caribbean neighbors.

US SR155

A resolution expressing the sense of the Senate that the United States should negotiate strong, inclusive, and forward-looking rules on digital trade and the digital economy with like-minded countries as part of its broader trade and economic strategy in order to ensure that the United States values of democracy, rule of law, freedom of speech, human and worker rights, privacy, and a free and open internet are at the very core of digital governance.

US SR458

A resolution denouncing efforts by the People's Republic of China to exert malign influence in Latin America.

Similar Bills

US HR98

Reaffirming the partnership between the United States and the Dominican Republic and advancing opportunities to deepen diplomatic, economic, and security cooperation between the two nations.

US HB1704

Latin America and Caribbean Nearshoring Act

US SB1519

Western Hemisphere Security Strategy Act of 2023

US HR480

Recognizing the significance of National Caribbean American Heritage Month.

US HB5105

Las Americas Energy Security Act

US HB509

Western Hemisphere Nearshoring Act

US HB722

Western Hemisphere Nearshoring Act

US SR142

A resolution expressing concern about environmental crimes and attacks on the human rights of environmental and land defenders in Latin America and the Caribbean.