Great Power Competition Factsheet

Section 607 of the Millennium Challenge Corporation Act of 2003 (22 U.S.C. 7706) is amended by adding at the end the following: (g) Great Power Competition Factsheet (1) In general In determining eligible countries under this section, the Board shall assess strategic exposure and resilience of candidate countries to the People’s Republic of China, the Russian Federation, the Islamic Republic of Iran, and other strategic competitors of the United States using the factors described in paragraph (2). The assessment carried out under this paragraph may be referred to as the Great Power Competition Factsheet (in this subsection referred to as the GPC Factsheet). (2) Factors described The GPC Factsheet shall include, where data are available— (A) trade volumes, export dependencies, and import reliance involving the People’s Republic of China, the Russian Federation, the Islamic Republic of Iran, and other strategic competitors of the United States; (B) foreign direct investment, sovereign lending, and state-owned enterprise activity from such countries; (C) foreign assistance, concessional finance, and debt exposure linked to such countries; (D) ownership, control, financing, or operation of strategic infrastructure, including ports, rail, power generation, transmission, digital networks, and data systems such countries; (E) critical mineral endowments, processing capacity, export controls, and governance frameworks; and (F) alignment with international transparency, labor, environmental, and anti-corruption standards. (3) Limitation The GPC Factsheet shall inform Board deliberations but shall not replace other eligibility criteria under other provisions of law..