H.R. 3307 directs the U.S. government to strengthen diplomatic and economic ties with countries in the Eastern Mediterranean region (Egypt, Greece, Cyprus, and Israel) to support the India-Middle East-Europe Economic Corridor, a trade initiative launched in 2023 as an alternative to China's Belt and Road Initiative. The bill emphasizes energy security and defense cooperation as priorities, calling on the Secretary of State to elevate the Eastern Mediterranean's role in U.S. foreign policy and institutionalize strategic dialogues with the region. The legislation requires several reports within one year of enactment, including assessments of ongoing energy projects, multilateral initiatives, and the feasibility of expanding U.S.-Israel bilateral research and development programs to include other Eastern Mediterranean partners. The bill does not authorize specific funding amounts but directs various executive agencies to coordinate efforts and report back to Congress on implementation progress.
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