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Reaffirming the economic partnership between the United States and the Caribbean nations and recognizing the need to strengthen trade and investment between the United States and the Caribbean nations, our "Third Border".

12/29/2022, 11:18 PM

Summary of Bill HRES 1047

Bill 117 H.Res. 1047, also known as the "Reaffirming the economic partnership between the United States and the Caribbean nations and recognizing the need to strengthen trade and investment between the United States and the Caribbean nations, our 'Third Border'" is a resolution introduced in the US Congress.

The purpose of this resolution is to emphasize the importance of the economic partnership between the United States and the Caribbean nations. It recognizes the Caribbean region as the United States' "Third Border" and highlights the need to strengthen trade and investment between the two parties.

The resolution acknowledges the historical and cultural ties between the United States and the Caribbean nations and emphasizes the mutual benefits of increased economic cooperation. It also recognizes the challenges faced by the Caribbean nations, such as economic instability, natural disasters, and security threats, and calls for continued support from the United States. Overall, Bill 117 H.Res. 1047 aims to reaffirm the commitment to the economic partnership between the United States and the Caribbean nations and to promote greater collaboration in trade and investment. It underscores the importance of strengthening ties with the Caribbean region and working together to address common challenges and opportunities.

Congressional Summary of HRES 1047

This resolution recognizes the importance of enhancing trade and investment relations between the Caribbean and the United States. It also urges the President to prioritize trade engagement with the Caribbean region that promotes sustainable and resilient economic development.

Current Status of Bill HRES 1047

Bill HRES 1047 is currently in the status of Bill Introduced since April 7, 2022. Bill HRES 1047 was introduced during Congress 117 and was introduced to the House on April 7, 2022.  Bill HRES 1047's most recent activity was Referred to the Committee on Foreign Affairs, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. as of April 7, 2022

Bipartisan Support of Bill HRES 1047

Total Number of Sponsors
1
Democrat Sponsors
1
Republican Sponsors
0
Unaffiliated Sponsors
0
Total Number of Cosponsors
14
Democrat Cosponsors
12
Republican Cosponsors
2
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill HRES 1047

Primary Policy Focus

Foreign Trade and International Finance

Potential Impact Areas

- Caribbean area
- Competitiveness, trade promotion, trade deficits
- Diplomacy, foreign officials, Americans abroad
- Economic development
- Haiti
- Latin America
- U.S. and foreign investments

Alternate Title(s) of Bill HRES 1047

Reaffirming the economic partnership between the United States and the Caribbean nations and recognizing the need to strengthen trade and investment between the United States and the Caribbean nations, our "Third Border".
Reaffirming the economic partnership between the United States and the Caribbean nations and recognizing the need to strengthen trade and investment between the United States and the Caribbean nations, our "Third Border".

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