Operating Manual (DOD 5220.22–M), or a successor docu-
ment. 
SEC. 102. REPORT ON NATIONAL TECHNOLOGY AND INDUS-
TRIAL BASE. 
(a) SENSE OF CONGRESS.—It is the sense of Congress 
that— 
(1) a more streamlined, shared, and coordinated 
approach, which leverages economies of scale with 
major allies, is necessary for the United States to re-
tain its lead in defense technology; 
(2) allowing for the export, re-export, or transfer 
of defense-related technologies and services to members 
of the national technology and industrial base (as de-
fined in section 2500 of title 10, United States Code) 
would advance United States security interests by 
helping to leverage the defense-related technologies and 
skilled workforces of trusted allies to reduce the de-
pendence on other countries, including countries that 
pose challenges to United States interests around the 
world, for defense-related innovation and investment; 
and 
(3) it is in the interest of the United States to 
continue to increase cooperation with Australia, Can-
ada, and the United Kingdom of Great Britain and 
Northern Ireland to protect critical defense-related 
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technology and services and leverage the investments 
of like-minded, major ally nations in order to maxi-
mize the strategic edge afforded by defense technology 
innovation. 
(b) REPORT.— 
(1) IN GENERAL.—Not later than 90 days after 
the date of the enactment of this Act, the Secretary of 
State shall submit a report to the appropriate con-
gressional committees that— 
(A) describes the Department of State’s ef-
forts to facilitate access among the national tech-
nology and industrial base to defense articles 
and services subject to the United States Muni-
tions List under section 38(a)(1) of the Arms 
Export Control Act (22 U.S.C. 2778(a)(1)); and 
(B) identifies foreign legal, regulatory, for-
eign policy, or other challenges or considerations 
that prevent or frustrate these efforts, to include 
any gaps in the respective export control regimes 
implemented by United Kingdom of Great Brit-
ain and Northern Ireland, Australia, or Canada. 
(2) FORM.—This report required under para-
graph (1) shall be unclassified, but may include a 
classified annex. 
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Subtitle B—Global Infrastructure 
and Energy Development 
SEC. 111. APPROPRIATE COMMITTEES OF CONGRESS DE-
FINED. 
In this subtitle, the term ‘‘appropriate committees of 
Congress’’ means— 
(1) the Committee on Foreign Relations and the 
Committee on Appropriations of the Senate; and 
(2) the Committee on Foreign Affairs and the 
Committee on Appropriations of the House of Rep-
resentatives. 
SEC. 112. SENSE OF CONGRESS ON INTERNATIONAL QUAL-
ITY INFRASTRUCTURE INVESTMENT STAND-
ARDS. 
(a) SENSE OF CONGRESS ON COLLABORATIVE STAND-
ARDS.—It is the sense of Congress that the United States 
should initiate collaboration among governments, the pri-
vate sector, and civil society to encourage the adoption of 
the standards for quality global infrastructure development 
advanced by the G20 at Osaka in 2018, including with re-
spect to the following issues: 
(1) Respect for the sovereignty of countries in 
which infrastructure investments are made. 
(2) Anti-corruption. 
(3) Rule of law. 
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(4) Human rights and labor rights. 
(5) Fiscal and debt sustainability. 
(6) Social and governance safeguards. 
(7) Transparency. 
(8) Environmental and energy standards. 
(b) SENSE OF CONGRESS ON COMMITMENT TO CO-
OPERATION.—It is the sense of Congress that the United 
States should launch a series of fora around the world show-
casing the commitment of the United States and partners 
of the United States to high-quality development coopera-
tion, including with respect to the issues described in sub-
section (a). 
SEC. 113. SUPPORTING ECONOMIC INDEPENDENCE FROM 
THE PEOPLE’S REPUBLIC OF CHINA. 
(a) FINDING.—It is in the national interest of the 
United States to establish a coordinated interagency strat-
egy to marshal the resources of the United States Govern-
ment to provide foreign countries with financing that 
strengthens independent economic capacity and therefore 
reduces a foreign government’s need to enter into agree-
ments with the People’s Republic of China (PRC), includ-
ing to obtain support from its Belt and Road Initiative. 
(b) STRATEGY.— 
(1) AUTHORITY.—Not later than 180 days after 
the date of the enactment of this Act, the President 
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shall develop and submit a strategy to the relevant 
congressional committees to use the resources of Fed-
eral agencies to counteract offers of assistance and fi-
nancing from the PRC to foreign governments that 
are of strategic importance to the United States. 
(2) COMPONENTS OF STRATEGY.—The strategy 
shall— 
(A) identify primary sectors where the 
United States could provide a competitive ad-
vantage to increase a country’s economic inde-
pendence; 
(B) select countries with corresponding eco-
nomic needs, with priority given to those who 
are vulnerable to Chinese economic influence; 
(C) identify any corresponding existing fi-
nancing available from United States Govern-
ment entities to prioritize and devise specific fi-
nancing tailored to the needs of such foreign gov-
ernments if none are currently available; 
(D) identify any cooperative and com-
plementary 
assistance 
and 
financing 
from 
friendly foreign governments, including coordi-
nated assistance and co-financing; 
(E) create a streamlined decision-making 
process, directed by the National Security Coun-
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