The bill directs the Secretary of State, in consultation with the Secretary of Commerce, to seek an agreement with Australia, India, and Japan to create an Economic Security Working Group. The group would coordinate efforts to protect critical infrastructure and supply chains, conduct crisis exercises, and respond to economic pressure or supply chain disruptions. The bill also calls for reports to Congress if negotiations begin.
The bill does not describe direct changes for individuals. It focuses on cooperation among the four countries and may encourage work with other regional partners. No publicly available information describes specific effects on the public.
The bill authorizes no additional funds. It says the work must use amounts already authorized to be appropriated.
The bill states that cooperation among the four countries can address shared economic security challenges and promote a free and open Indo-Pacific region.
No publicly available information.