Good Friday Trade and Investment Act

Summary

Good Friday Trade and Investment Act - Directs the Overseas Private Investment Corporation (OPIC) to establish equity funds with total assets of at least $300 million for the purpose of providing insurance, financing, and other assistance to individuals or entities in Northern Ireland and the border counties of the Irish Republic whose businesses employ practices consistent with the principles of fair employment (such as freedom from religious discrimination). Grants priority of equity funds to projects involving businesses owned and managed by women, and projects involving the development of new technologies. (Sec. 4) Authorizes appropriations for U.S. contributions to the International Fund for Ireland for: (1) projects in the areas of greatest need based upon levels of unemployment, particularly in Northern Ireland and the border counties of the Irish Republic; (2) projects of individuals or entities in Northern Ireland and the Republic of Ireland which employ practices consistent with the principles of fair employment; and (3) certain other priority projects relating to business development in the fields of scientific research, technology, and management and the establishment of an entrepreneurial learning center. (Sec. 5) Directs the Secretary of Commerce to consolidate activities with respect to promotion of business opportunities in Northern Ireland and the border counties of the Irish Republic to focus on promoting awareness of business opportunities in those counties, including encouraging joint ventures with businesses in those counties, and promoting the development of businesses owned by women. (Sec. 6) Amends the Trade Act of 1974 to authorize the President to designate Northern Ireland and the border counties of the Irish Republic as a beneficiary developing country eligible to receive duty-free treatment under the Generalized System of Preferences for a ten-year period, provided certain waivers under the World Trade Organization (WTO) Agreement or the General Agreement on Tariffs and Trade (GATT) are granted. Requires the United States Trade Representative (USTR) to report annually to the Congress on the status of: (1) efforts to acquire such waivers; and (2) trade relations between the United States and Northern Ireland and the border counties of the Irish Republic, and recommendations on how to expand trade between them.

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Timeline

1. 17 March 1999

   Introduced

   Introduced in House

   Source: IntroReferral

2. 17 March 1999

   Introduced

   Introduced in House

   Source: IntroReferral

3. 17 March 1999

   Introduced

   Referred to the Committee on International Relations, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

   Source: IntroReferral

4. 17 March 1999

   Introduced

   Referred to the Committee on International Relations, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

   Source: IntroReferral

5. 17 March 1999

   Introduced

   Sponsor introductory remarks on measure. (CR E463)

   Source: IntroReferral

6. 6 April 1999

   Referred

   Referred to the Subcommittee on Trade.

   Source: Committee

Votes

No vote records are attached yet.

Versions

• Introduced in House · 17 March 1999 · Download file

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 17 March 1999

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 17 March 1999

  ViewDownloadOpen at official source

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• Introduced in House

  summary · EN · 17 March 1999

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  Vertaal naarNL · DutchDE · GermanFR · FrenchES · SpanishIT · ItalianPL · PolishPT · PortugueseSV · SwedishDA · DanishFI · FinnishEL · GreekCS · CzechHU · HungarianRO · RomanianBG · BulgarianHR · CroatianSK · SlovakSL · SlovenianLT · LithuanianLV · LatvianET · EstonianGA · IrishMT · Maltese

  Vertaal document

  Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

Sponsors

• Rep. McDermott, Jim [D-WA-7] · D · Sponsor
• Rep. English, Phil [R-PA-3] · R · Sponsor
• Rep. Jefferson, William J. [D-LA-2] · D · Sponsor
• Rep. Matsui, Robert T. [D-CA-5] · D · Sponsor
• Rep. Borski, Robert A. [D-PA-3] · D · Cosponsor
• · hswm00 · Standing
• · hsfa00 · Standing

Related records

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