Securing Partner Supply Chains Act

The Securing Partner Supply Chains Act creates a new government program called the Initiative on Foreign Investment Screening to help allied nations protect their economies from security threats. Led by the State Department, this initiative will train foreign partners on how to screen investments from outside their countries to prevent risks to critical infrastructure and sensitive technology. The program is designed to assist partner countries, defined as those with free trade agreements or mutual defense treaties with the U.S., in building their own regulatory systems to manage foreign investment safely. The initiative will operate for five years, after which the Secretary of State must report to Congress on the progress made and any remaining security concerns.