Procompetitiveness and Antiboycott Act of 1991

Procompetitiveness and Antiboycott Act of 1991 - Directs the U.S. Ambassador to the Organization for Economic Cooperation and Development (OECD) to discuss with representatives from other OECD member nations and to report to the Congress on: (1) the extent to which companies obey the secondary and tertiary boycotts of Israel by Arab nations; (2) the effectiveness of antiboycott laws of nations that have them; (3) the extent to which such boycotts have skewed global trade and investment, as well as in the Middle East; (4) the extent to which companies not obeying the boycotts are placed at a competitive disadvantage; (5) the extent to which such boycotts contradict OECD trade and investment policy; and (6) the development of guidelines, using the Arrangement on Export Credits as a model, that OECD nations can agree on to eliminate compliance with such boycotts.

Requires the United States Trade Representative to enter into discussions with representatives from member nations of the General Agreement on Tariffs and Trade (GATT) and to report to the Congress on the extent to which: (1) the Arab boycotts of Israel have distorted trade; (2) members of and observers to the GATT encourage actions, including the furnishing of information or entering into agreements, which support such boycotts; (3) the GATT should work to eliminate the boycotts; and (4) GATT articles can be used to eliminate compliance with such boycotts.

Requires the President to report to the Congress on progress made to end such boycotts.