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Nordic Trader and Investor Parity Act

3/13/2024, 11:15 PM

Summary of Bill S 2989

Bill 118 s 2989, also known as the Nordic Trader and Investor Parity Act, is a piece of legislation introduced in the US Congress. The purpose of this bill is to promote trade and investment between the United States and the Nordic countries, which include Denmark, Finland, Iceland, Norway, and Sweden.

The Nordic Trader and Investor Parity Act aims to establish a framework for enhancing economic cooperation and reducing barriers to trade and investment between the US and the Nordic countries. This includes provisions for promoting market access, protecting intellectual property rights, and facilitating the exchange of goods and services.

Additionally, the bill seeks to strengthen diplomatic and economic ties between the US and the Nordic countries by encouraging collaboration on issues such as climate change, security, and technology. It also aims to promote cultural exchange and mutual understanding between the two regions. Overall, the Nordic Trader and Investor Parity Act is designed to foster a closer relationship between the US and the Nordic countries, with the goal of boosting economic growth and promoting shared values and interests.

Current Status of Bill S 2989

Bill S 2989 is currently in the status of Bill Introduced since September 28, 2023. Bill S 2989 was introduced during Congress 118 and was introduced to the Senate on September 28, 2023.  Bill S 2989's most recent activity was Read twice and referred to the Committee on the Judiciary. as of September 28, 2023

Bipartisan Support of Bill S 2989

Total Number of Sponsors
1
Democrat Sponsors
0
Republican Sponsors
0
Unaffiliated Sponsors
1
Total Number of Cosponsors
8
Democrat Cosponsors
4
Republican Cosponsors
4
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill S 2989

Primary Policy Focus

Immigration

Alternate Title(s) of Bill S 2989

Nordic Trader and Investor Parity Act
Nordic Trader and Investor Parity Act
A bill to provide for eligibility for E-1 and E-2 nonimmigrant visas for nationals of Iceland.

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