The Transatlantic Growth Enterprise Act establishes a new State Department program to strengthen U.S. economic and security relationships with Central and Eastern European countries, including Poland, Czech Republic, Romania, Hungary, and Ukraine. The program, run jointly by the State Department and the U.S. Development Finance Corporation, aims to expand business ties, energy cooperation, and security partnerships while countering Russian and Chinese influence in the region. The Secretary of State must convene participating countries at least twice yearly and submit implementation reports to Congress starting within 180 days of enactment, with a detailed energy security strategy due within one year. The program will not engage with governments that cooperate with Russia or China in ways that undermine democracy or allow foreign military presence, ensuring U.S. resources support only aligned partners. While the bill authorizes the program's activities, it does not specify direct appropriations, instead directing federal agencies to coordinate funding through existing mechanisms.
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