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Protecting American Food Producers from Russia’s Market Distortions Act of 2023
3/13/2024, 11:22 PM
Summary of Bill S 2847
The legislation includes provisions that would increase transparency and accountability in the food industry, as well as strengthen enforcement mechanisms to prevent Russia from engaging in practices that harm American food producers. Additionally, the bill aims to promote fair trade practices and ensure a level playing field for American farmers and food producers.
Key components of the bill include measures to monitor and report on Russia's activities in the food industry, as well as provisions to impose sanctions on Russian entities that engage in unfair trade practices. The bill also includes provisions to support American food producers through increased access to markets and resources. Overall, the Protecting American Food Producers from Russia's Market Distortions Act of 2023 seeks to safeguard the interests of American food producers and ensure a fair and competitive marketplace for all stakeholders in the food industry.
Congressional Summary of S 2847
Protecting American Food Producers from Russia's Market Distortions Act of 2023
This bill prohibits the importation of certain agricultural products, raw materials, and food from Russia if the Russian government prohibits the importation of these products from the United States.
Specifically, the bill prohibits the importation of Russian products that are classified under chapters 1-24 of the Harmonized Tariff Schedule (which includes, among other products, live animals, animal and vegetable products, seafood, prepared foodstuffs, and beverages). Further, the bill prohibits federal funds from being obligated or expended for the procurement of these products from Russia.
These prohibitions shall terminate on the date on which the President determines and certifies to Congress that (1) the Russian government has terminated its prohibition on the importation of these products from the United States, (2) the Russian government and its proxies have withdrawn all military and paramilitary forces from Ukraine, and (3) the President has received credible commitments from the Russian government that it will not engage in hostile action against Ukraine in the future.
