A bill to require the Secretary of State to seek to enter into negotiations with the Government of Ukraine for the establishment by that Government of a foreign investment review mechanism.

Bill 118 s 4849, also known as the "Foreign Investment Review Mechanism Act," is a proposed piece of legislation that aims to require the Secretary of State to engage in negotiations with the Government of Ukraine. The goal of these negotiations would be to establish a foreign investment review mechanism within Ukraine.

The purpose of this foreign investment review mechanism would be to provide a framework for evaluating and regulating foreign investments in Ukraine. This would help to ensure that foreign investments are made in a transparent and responsible manner, and that they align with the interests of both Ukraine and the investing parties.

The bill does not specify the exact details of the foreign investment review mechanism, but it does emphasize the importance of promoting economic growth and stability in Ukraine through responsible foreign investment. By establishing this mechanism, the hope is that Ukraine will be able to attract more foreign investment while also safeguarding its national interests. Overall, Bill 118 s 4849 seeks to strengthen the economic relationship between the United States and Ukraine by promoting responsible foreign investment practices. It highlights the importance of collaboration between the two countries in order to support economic growth and stability in Ukraine.