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HRES 686 112th Congress House International Affairs Argentina Congressional oversight Foreign and international banking Foreign loans and debt Government liability International law and treaties International organizations and cooperation Latin America Rule of law and government transparency U.S. and foreign investments

Expressing the sense of the House of Representatives that the Republic of Argentina's membership in the G20 should be conditioned on its adherence to international norms of economic relations and commitment to the rule of law.

Introduced: June 12, 2012 Introduced by: Smith, Christopher H. Republican · New Jersey See on congress.gov
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 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jun 12, 2012
Introduced in House
Jun 12, 2012
Referred to the House Committee on Foreign Affairs.
 Plain-English summary Congressional Research Service

Calls on Argentina to fulfill its membership responsibilities in the Group of Twenty Finance Ministers and Central Bank Governors (G20).

Calls on the President and the Secretary of the Treasury to work with the G20 members to: (1) terminate Argentina's G20 participation until Argentina has reversed efforts to expropriate foreign investment in Argentina, satisfied all outstanding U.S. court judgments against it, honored all awards of international arbitral panels against it, and complied with the recommendations of the Financial Action Task Force; (2) condition Argentina's future G20 membership on its adherence to international norms of economic relations and commitment to the rule of law; and (3) identify other countries that could replace Argentina in the G20 by virtue of their adherence to international economic norms and respect for the rule of law.

What's happening now June 12, 2012

Referred to the House Committee on Foreign Affairs.

 Committees of jurisdiction 1