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118-s-5123Committee
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Women’s Economic Empowerment in Trade Act of 2024

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Summary

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This bill amends the Trade Act of 1974 to modify eligibility requirements for the Generalized System of Preferences (GSP), a trade program that grants duty-free access to U.S. markets for developing countries. The bill adds new eligibility criteria requiring beneficiary countries to afford equal rights and protection under the law regardless of gender and to respect internationally recognized worker rights. It also establishes annual reviews by the U.S. Trade Representative and Deputy Undersecretary of Labor to assess compliance with these criteria, with potential reduction of trade benefits for countries that fail to meet standards for five consecutive years.

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Bill details

Congress
118
Bill type
s
Introduced
September 19, 2024
Sponsor
Not yet available
Last action
September 19, 2024— Read twice and referred to the Committee on Finance.

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