‘‘(ii) International finance, develop-
ment, and debt policy. 
‘‘(iii) Economic sanctions and com-
bating terrorist financing. 
‘‘(iv) International transportation pol-
icy. 
‘‘(v) Support for United States busi-
nesses. 
‘‘(vi) Economic policy analysis, public 
diplomacy, and private sector outreach. 
‘‘(vii) Such other related duties as the 
Secretary may from time to time des-
ignate.’’. 
SEC. 3. CHIEF OF MISSION RESPONSIBILITIES. 
Section 207 of the Foreign Service Act of 1980 (22 
U.S.C. 3927) is amended by adding at the end the fol-
lowing new subsection: 
‘‘(d) PROMOTION OF UNITED STATES ECONOMIC IN-
TERESTS.—Each chief of mission to a foreign country 
shall have as a principal duty the promotion of United 
States economic and business interests in such country.’’. 
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SEC. 4. INCREASED TRAINING IN ECONOMIC AND COMMER-
CIAL DIPLOMACY. 
Section 708 of the Foreign Service Act of 1980 (22 
U.S.C. 4028) is amended by adding at the end the fol-
lowing new subsection: 
‘‘(d) ECONOMIC
DIPLOMACY.—The Secretary of 
State, with the assistance of other relevant officials of the 
Department of State, such as the Assistant Secretary for 
Economic and Business Affairs, shall establish as part of 
the standard training provided for officers of the Service, 
including chiefs of mission and deputy chiefs of mission, 
training on matters related to economic and commercial 
diplomacy, with particular attention to market access for 
United States businesses, commercial advocacy, and 
United States foreign economic policy.’’. 
SEC. 5. REPORT FROM EACH MISSION ON MATTERS OF 
COMMERCIAL RELATIONS. 
(a) IN GENERAL.—Not later than 180 days after the 
date of the enactment of this Act annually thereafter, the 
chief of mission at each United States embassy shall sub-
mit to the Secretary of State a report on the specific ac-
tions taken during the previous year to foster commercial 
relations and safeguard United States business interests 
in the country or region in which each such chief of mis-
sion serves. 
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(b) MATTERS TO BE INCLUDED.—Each report re-
quired under subsection (a) shall include the following: 
(1) A list that includes the specific business sec-
tors and the number of companies by sector that 
each United States embassy aided over the course of 
the previous year in fostering commercial relations 
in the relevant country or region. 
(2) A description of actions each United States 
embassy took to aid the business sectors identified 
under paragraph (1). 
(3) An assessment of fields with respect to 
which each United States embassy can improve the 
ability of each such embassy to foster commercial re-
lations and safeguard United States business inter-
ests in the relevant country or region. 
(4) Information about significant foreign com-
petition to United States businesses in the relevant 
country or region, including state-directed invest-
ments by authoritarian governments and United 
States strategic competitors in such country or re-
gion, and whether or not such investments pose risks 
to United States foreign policy and national security 
interests in such country or region. 
(c) REPORT TO CONGRESS.—The Secretary of State, 
upon receiving each report required under subsection (a) 
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from each chief of mission, shall submit to the Committee 
on Foreign Affairs of the House of Representatives and 
the Committee on Foreign Relations of the Senate an an-
nual report on activities, including with appropriate exam-
ples, by the Department of State to promote United States 
business interests abroad, as well as actions and invest-
ments by foreign competitors that are determined to be 
risks to United States foreign policy and national security 
interests. 
(d) FORM OF REPORT.—The report described in sub-
section (c) shall be in unclassified form but may include 
classified annexes. 
SEC. 6. REPORT ON UNIFIED INVESTMENT CLIMATE STATE-
MENT AND COUNTRY COMMERCIAL GUIDE. 
(a) IN GENERAL.—The Secretary of State and the 
Secretary of Commerce shall jointly produce and make 
publicly available on an internet website of the Depart-
ment of State and the Department of Commerce, respec-
tively, an annual country-specific report regarding topics 
to foster commercial relations with foreign countries and 
safeguard United States business interests abroad, includ-
ing with regard to United States exports and investments, 
including by small- and medium-size enterprises. 
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(b) MATTERS TO BE INCLUDED.—Each report re-
quired under subsection (a) shall include the following 
with respect to each country covered by each such report: 
(1) Information about doing business in each 
country. 
(2) Background information about each coun-
try’s political environment. 
(3) Information about selling United States 
products and services in each country. 
(4) Leading sectors for United States exports 
and investment in each country. 
(5) Information about trade regulations, cus-
toms, and standards in each country, such as— 
(A) information on import tariffs; and 
(B) documentation about which United 
States businesses should be aware when export-
ing, including any prohibited items or tem-
porary entry procedures. 
(6) Investment climate statements describing 
each country’s openness to foreign investments, such 
as information relating to each country’s— 
(A) investment policies; 
(B) market barriers; 
(C) business risks; 
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(D) legal and regulatory system, including 
dispute resolution; 
(E) level of public and private sector cor-
ruption; 
(F) level of political violence; 
(G) labor issues; and 
(H) protection of property rights. 
(7) Information about trade and project financ-
ing in each country, such as each country’s— 
(A) banking and financial system, and how 
United States businesses typically get paid; 
(B) foreign exchange controls; and 
(C) important sources of funding for 
project financing. 
(8) Relevant business travel information and 
business customs in each country. 
(9) Information about United States embassy 
services and personnel available to United States 
businesses to support their activities in each coun-
try. 
SEC. 7. REPORT BY COMPTROLLER GENERAL OF THE 
UNITED STATES. 
(a) IN GENERAL.—Not later than two years after the 
date of the enactment of this Act, the Comptroller General 
of the United States shall submit to the Committee on 
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