A bill to require the Secretary of State to seek to enter into negotiations with the Government of Ukraine for the establishment by that Government of a foreign investment review mechanism.
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Summary
This bill requires the Secretary of State to negotiate with Ukraine to establish a foreign investment review mechanism similar to the U.S. Committee on Foreign Investment in the United States (CFIUS), with particular focus on Chinese investment. The bill authorizes the U.S. to provide assistance to Ukraine in implementing this mechanism, including training for Ukrainian officials, equipment purchases, and consultations with CFIUS staff. The bill authorizes $1 million annually for fiscal years 2025–2029 to support these efforts and expires five years after enactment.
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