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US Senate: Bill to establish ROZs in Pak-Afghan border region introduced

Top Story
May 1, 2021
WASHINGTON: A bipartisan bill to promote lasting peace and generate economic benefits for Pakistan and Afghanistan has been introduced in the US Senate.
The legislation titled Pakistan-Afghanistan Economic Development Act aims to establish Reconstruction Opportunity Zones in Afghanistan and Pakistan s border regions to allow textile and apparel goods from those areas to enter the US duty-free, ultimately generating economic benefits for Afghanistan and Pakistan. The bipartisan bill was introduced by Democrat Senators Van Hollen, Maria Cantwell and Republican Senator Todd Young.
“As American troops leave Afghanistan, we have a strong interest in encouraging all parties to achieve a peaceful settlement and political reconciliation that can bring stability to this war-torn and war-weary area. That means using our influence to facilitate the growth of economic opportunity for those in the region. That’s what our bipartisan bill will do. Throu ....

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US senators introduce bill to establish duty-free economic zones along Pak-Afghan border

US senators introduce bill to establish duty-free economic zones along Pak-Afghan border
By
Bill to establish Reconstruction Opportunity Zones along Pak-Afghan border region introduced in US Senate.
The bill is called the Pakistan-Afghanistan Economic Development Act .
Pakistani-born American Democrat leader Tahir Javed says this legislation allows textile goods to be sent to US without duty.
WASHINGTON/ LAHORE: US senators have introduced a bipartisan bill to promote and generate economic benefits for Pakistan and Afghanistan.
The bill is called the Pakistan-Afghanistan Economic Development Act . The legislation proposes the set up of a reconstruction opportunity zones along Pak-Afghan border areas.
“The bill would establish Reconstruction Opportunity Zones (ROZs) in Afghanistan and Pakistan’s border regions to allow certain products from these areas to enter the US duty-free,” a statement read. ....

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U.S. hearing on China competition told research funding falling behind

U.S. hearing on China competition told research funding falling behind
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U.S. hearing on China competition told research funding falling behind

U.S. hearing on China competition told research funding falling behind
Reuters
3 hrs ago
By David Brunnstrom and Michael Martina
WASHINGTON, April 14 (Reuters) - U.S. investment in research and development has reached its lowest level decades while that in the rest of the world has soared, the head of a U.S. Senate committee warned at a hearing on proposed subsidies to the tech industry to help the United States better compete with China.
Senate Commerce committee chair Maria Cantwell told the committee on Wednesday the proposed Endless Frontier Act had been the stimulus for a big debate about America s competitiveness. ....

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U.S. Senate panel to hold hearing on tech bill to combat China - Netscape Money & Business

U.S. Senate panel to hold hearing on tech bill to combat China
By David Shepardson
Reuters
WASHINGTON (Reuters) -The U.S. Senate Commerce Committee will hold a hearing on April 14 on a bipartisan measure to bolster U.S. technology research and development efforts in a bid to address Chinese competition.
The bill, titled the Endless Frontier Act, was first proposed in 2020 calling for $110 billion over five years to advance U.S. technology efforts and cosponsored by Senate Democratic Leader Chuck Schumer and Republican Senator Todd Young.
Senate Commerce committee chair Maria Cantwell said in a statement the hearing will address potential actions to strengthen the U.S. innovation ecosystem, including increasing National Science Foundation research funding; growing and diversifying the science, technology, engineering, and mathematics (STEM) pipeline; improving technology transfer; and investing in regional innovation centers. ....

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