To authorize the Secretaries of State, Treasury and Commerce to jointly conduct a comprehensive investigation of business practices by the State of Kuwait relating to the financial and commercial treatment of United States persons and of the Kuwait system for the resolution of commercial disputes.
Kuwait Business Practices Review Act of 1995 - Directs the Secretaries of State, of Commerce, and of the Treasury to conduct a joint investigation of, and report to the Congress on, financial and commercial practices by Kuwait with respect to: (1) the commercial and financial treatment of U.S.-owned businesses by Kuwait; and (2) whether Kuwait has engaged in abuse of established legal norms in its own country or elsewhere as a means to conceal inappropriate commercial and financial practices. Requires such Secretaries to submit to the Congress a report on the results of such investigation.
Requires the Secretary of State to recommend to the Congress appropriate modifications of the relationship between the United States and Kuwait if Kuwait has failed to remedy any improper financial, commercial, or legal practices.
Introduced in House
Introduced in House
Sponsor introductory remarks on measure. (CR E1432-1433)
Referred to the House Committee on International Relations.
Sponsor introductory remarks on measure. (CR E1650)
Sponsor introductory remarks on measure. (CR H8727-8728)
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