(3) ACTIVITIES.—The initiative established 
under paragraph (1) shall— 
(A) develop a comprehensive security as-
sistance strategy to strengthen the defensive ca-
pabilities of the Baltic States, in coordination 
with other security assistance authorities, that 
takes into account the unique challenges of the 
proximity of the Baltic States to the Russian 
Federation and the threat of aggression against 
the Baltic States from the Government of the 
Russian Federation; 
(B) send high-level representatives of the 
Department of State to— 
(i) the Baltic States not less fre-
quently than twice a year; and 
(ii) major regional fora on physical 
and energy security, including the Three 
Seas Initiative Summit and Business 
Forum and the Baltic Sea Security Con-
ference; 
(C) convene an annual trade forum, in co-
ordination with the governments of the Baltic 
States, to foster investment opportunities in the 
Baltic region for United States businesses; and 
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(D) foster dialogue between experts from 
the United States and from the Baltic States 
on hybrid warfare, cyber defenses, economic ex-
pansion, and foreign direct investment. 
SEC. 208. PUBLIC DISCLOSURE OF ASSETS OF VLADIMIR 
PUTIN AND HIS INNER CIRCLE. 
(a) IN GENERAL.—Not later than 90 days after the 
date of the enactment of this Act and annually thereafter, 
the Secretary of the Treasury, in coordination with the 
Director of National Intelligence and the Secretary of 
State, shall submit to the committees specified in sub-
section (d) a detailed report on the personal net worth and 
assets of the President of the Russian Federation, Vladi-
mir Putin, and his inner circle. 
(b) ELEMENTS.—The report required by subsection 
(a) shall include— 
(1) an identification of significant senior foreign 
political figures and oligarchs in the Russian Fed-
eration, as determined by their closeness to Vladimir 
Putin; 
(2) the estimated net worth and known sources 
of income of the individuals identified under para-
graph (1), Vladimir Putin, and the family members 
of such individuals and Vladimir Putin (including 
current and former spouses, partners, birth parents 
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of a biological child, parents, adult children, and sib-
lings), including assets, investments, bank accounts, 
business interests, held in and outside of the Rus-
sian Federation, and relevant beneficial ownership 
information; 
(3) an estimate of the total annual income and 
personal expenditures of Vladimir Putin and his 
family members for calendar years 2017 through 
2021; and 
(4) all known details about the financial prac-
tices and transparency, or lack thereof, of Vladimir 
Putin and the individuals identified under paragraph 
(1). 
(c) FORM.— 
(1) IN GENERAL.—The report required by sub-
section (a) shall be submitted in unclassified form, 
but may include a classified annex produced con-
sistent with the protection of sources and methods. 
(2) PUBLIC
AVAILABILITY.—The unclassified 
portion of the report required by subsection (a) shall 
be made available on a publicly accessible internet 
website. 
(d) COMMITTEES SPECIFIED.—The committees spec-
ified in this subsection are— 
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