Securing Partner Supply Chains Act

Key Points

• This bill would create a new program at the State Department to help U.S. allies and partners build better systems for checking foreign business deals. The goal is to make sure foreign investments do not put critical infrastructure or sensitive technology at risk.
• The State Department would provide training and expert advice to other countries on how to spot and block investments that could be dangerous. This includes sharing information about risks to supply chains and national security.
• This initiative would last for three years and would be led by a high-ranking official at the State Department. They would work with other government agencies and private companies to set global standards for safe investing.
• The Secretary of State would have to send a report to Congress every year explaining which countries received help and how much progress they made in protecting their economies from outside threats.

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