United States policy related to the People’s Republic of China at Inter-American Development Bank

The Secretary of the Treasury, in consultation with the Secretary of State, shall instruct the United States Executive Director at the Inter-American Development Bank to use the voice, vote, and influence of the United States to reduce the influence of the PRC and PRC entities in IDB operations, activities, and projects, including by— (1) reviewing any IDB projects, or loans, grants, or other financing, that include entry into a contract, provision of funding, or provision of other financing, involving the PRC or PRC entities, for potential risks to the national and economic security interests of the United States; and (2) voting against— (A) any project, or loan, grant, or other financing, that— (i) would include the participation of PRC trust funds created within the IDB; or (ii) after a review is conducted under paragraph (1), the United States Executive Director or the Secretary of the Treasury determines poses a risk to the national and economic security interests of the United States; and (B) the issuance, sale, or transfer of additional shares of stock in the IDB to the PRC in a manner that increases the voting share of the PRC at the IDB relative to the voting share of the United States.