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This bill directs the U.S. Executive Director at the Inter-American Development Bank (IDB) to use U.S. influence to reduce Chinese involvement in IDB operations and to promote U.S. and allied procurement and financing. It requires the Treasury Secretary to instruct the U.S. Executive Director to vote against IDB projects involving Chinese entities or trust funds deemed to pose national security risks, and to oppose any increase in China's voting share relative to the United States. The bill also mandates reports on Chinese influence at the IDB and on collaboration opportunities between the IDB and the U.S. International Development Finance Corporation.
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