This bill directs the U.S. Treasury Secretary to instruct American representatives at international financial institutions—such as the World Bank and regional development banks—to oppose loans for any projects that use or risk using forced labor, particularly those involving state-controlled entities in China's Xinjiang region. The legislation responds to documented concerns about forced labor of Uyghurs and other Muslim minorities in Xinjiang and aims to prevent U.S. influence from supporting projects connected to such practices. Additionally, the bill requires international financial institutions to explain how they've vetted projects for forced labor risks and what steps they're taking to address those risks. The Treasury Secretary must report annually to Congress for six years on the implementation efforts and any projects where forced labor concerns exist, with unclassified portions made available to the public. No specific funding is authorized; the bill operates through policy directives to existing U.S. officials at these institutions.
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