Energy Security Pacts Act
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Summary
The Energy Security Pacts Act authorizes the Secretary of State to establish multiyear agreements with partner countries to enhance energy and economic security, diversify critical mineral and energy supply chains, and counter economic coercion. The bill creates an Office of Energy Security Pacts within the State Department, led by a Director, and establishes an Energy Security Pacts Council to coordinate implementation across federal agencies. Funding is authorized from existing State Department appropriations and can be transferred to development finance agencies, with restrictions on military assistance, projects causing job losses, and environmental hazards.
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