United States Trade Leadership in the Indo-Pacific Act

Bill 119 HR 953, also known as the "Indo-Pacific Trade Competitiveness Act," aims to enhance the United States' trade competitiveness and economic leadership in the Indo-Pacific region. The bill recognizes the importance of the Indo-Pacific region as a key driver of global economic growth and seeks to strengthen the US' presence in this critical area.

The bill outlines several key objectives, including promoting US exports, reducing trade barriers, and fostering economic cooperation with Indo-Pacific countries. It also emphasizes the importance of upholding high labor and environmental standards in trade agreements with these nations.

To achieve these goals, the bill calls for the development of a comprehensive strategy for US engagement in the Indo-Pacific region. This strategy would involve coordinating with key stakeholders, including government agencies, businesses, and civil society organizations, to promote US economic interests in the region. Additionally, the bill directs the US Trade Representative to prioritize negotiations with Indo-Pacific countries on trade agreements that benefit American workers and businesses. It also calls for increased engagement with regional organizations, such as the Association of Southeast Asian Nations (ASEAN) and the Asia-Pacific Economic Cooperation (APEC) forum, to promote economic cooperation and integration in the region. Overall, Bill 119 HR 953 seeks to strengthen US trade competitiveness and economic leadership in the Indo-Pacific region through strategic engagement, cooperation, and negotiation with key partners in the region.