A bill to promote United States-Mongolia trade by authorizing duty-free treatment for certain imports from Mongolia, and for other purposes.
Mongolia Third Neighbor Trade Act
This bill allows the President to provide duty-free treatment for certain apparel and textile articles imported from Mongolia. This duty-free treatment expires on December 31, 2029.
The President must annually monitor, review, and provide a briefing to Congress on (1) the implementation of this duty-free treatment, (2) Mongolia's compliance with the eligibility requirements described in the bill, and (3) U.S. trade and investment policy with respect to Mongolia.
Referred to the Subcommittee on Trade.
Introduced in Senate
Read twice and referred to the Committee on Finance.
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