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 Decade: 2000-2009
 Collection: Congressional Research Service Reports
Bahrain: Reform, Security, and U.S. Policy

Bahrain: Reform, Security, and U.S. Policy

Date: December 18, 2009
Creator: Katzman, Kenneth
Description: This report discusses the current state of Bahrain, which has undergone substantial political reforms since the late 1990s, but which still suffers from tension between the Shiite majority and the Sunni-led government. This report focuses particularly on Bahrain's relationship with Iran and Bahrain's relationship with the United States.
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The Proposed U.S.-Panama Free Trade Agreement

The Proposed U.S.-Panama Free Trade Agreement

Date: September 15, 2009
Creator: Hornbeck, J. F.
Description: This report discusses the free trade agreement (FTA) that the United States and Panama signed on June 28, 2007. While Panama's government ratified the FTA in July 2007, Congress has not yet implemented ratification legislation.
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U.S.-Latin America Trade: Recent Trends and Policy Issues

U.S.-Latin America Trade: Recent Trends and Policy Issues

Date: September 3, 2009
Creator: Hornbeck, J. F.
Description: Trade is one of the more enduring issues in contemporary U.S.-Latin America relations. Latin America is far from the largest U.S. regional trade partner, but it is the fastest growing one, with the current exception of Africa. Over the last 15 years, the United States has implemented multiple free trade agreements with the region, which are more comprehensive than those that include only Latin American countries. This report looks at the status, implications, and alternatives to current free trade agreements in the region.
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China-U.S. Relations: Current Issues and Implications for U.S. Policy

China-U.S. Relations: Current Issues and Implications for U.S. Policy

Date: July 10, 2009
Creator: Dumbaugh, Kerry
Description: The bilateral relationship between the U.S. and the People's Republic of China (PRC) is vitally important, touching on a wide range of areas including, among others, economic policy, security, foreign relations, and human rights. This report addresses relevant policy questions in current U.S.-China relations, discusses trends and key legislation in the current Congress, and provides a chronology of developments and high-level exchanges.
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Iran Sanctions

Iran Sanctions

Date: July 9, 2009
Creator: Katzman, Kenneth
Description: Iran is subject to a wide range of U.S. sanctions, restricting trade with, investment, and U.S. foreign aid to Iran, and requiring the United States to vote against international lending to Iran. A formal U.S. effort to curb international energy investment in Iran began in 1996 with the Iran Sanctions Act (ISA). ISA was first passed at a time of tightening U.S. sanctions on Iran. Most notable was a 1995 ban on U.S. trade with and investment in Iran. That ban has since been modified slightly to allow for some bilateral trade in luxury and humanitarian-related goods. In the 110th Congress, two bills passed the House (H.R. 1400 and H.R. 7112) that would add several ISA provisions.
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North Korea's Second Nuclear Test: Implications of U.N. Security Council Resolution 1874

North Korea's Second Nuclear Test: Implications of U.N. Security Council Resolution 1874

Date: July 1, 2009
Creator: Nikitin, Mary Beth; Manyin, Mark E.; Chanlett-Avery, Emma; Nanto, Dick K. & Niksch, Larry A.
Description: The United Nations Security Council unanimously passed Res. 1874 on June 12, 2009, in response to North Korea's second nuclear test. The resolution puts in place a series of sanctions on North Korea's arms sales, luxury goods, and financial transactions related to its weapons programs, and calls upon states to inspect North Korean vessels suspected of carrying such shipments. This report summarizes and analyzes Res. 1874.
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Financing the U.S. Trade Deficit: Role of Foreign Governments

Financing the U.S. Trade Deficit: Role of Foreign Governments

Date: June 29, 2009
Creator: Labonte, Marc
Description: The nation's trade deficit is equal to the imbalance between national investment and national saving. The financial turmoil and economic contraction during 2008 reduced the gap between national saving and investment. The result was a decline in the trade deficit and the net inflow of capital. If total net capital inflows decline, mainstream economics suggests, all else held constant, that the dollar and trade deficit would decline, U.S. interest rates would rise, and U.S. spending on capital goods and consumer durables would fall, all else equal.
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China-U.S. Trade Issues

China-U.S. Trade Issues

Date: June 23, 2009
Creator: Morrison, Wayne M.
Description: U.S.-China economic ties have expanded substantially over the past three decades. With a huge population and a rapidly expanding economy, China is a potentially huge market for U.S. exporters. However, bilateral economic relations have become strained over a number of issues, which this report discusses at length. The current global economic crisis could further challenge China-U.S. economic ties. Several Members of Congress have urged the Obama Administration to take a more assertive approach in dealing with Chinese economic practices.
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The Proposed U.S.-South Korea Free Trade Agreement (KORUS FTA): Provisions and Implications

The Proposed U.S.-South Korea Free Trade Agreement (KORUS FTA): Provisions and Implications

Date: June 17, 2009
Creator: Cooper, William H.; Manyin, Mark E.; Jurenas, Remy & Platzer, Michaela D.
Description: This report is designed to assist Members of the 111th Congress as they consider the costs and benefits of the U.S.-South Korean Free Trade Agreement (KORUS FTA). It examines the provisions of the KORUS FTA in the context of the overall U.S.-South Korean economic relationship, U.S. objectives, and South Korean objectives. The report will be updated as events warrant.
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Iran's Economic Conditions: U.S. Policy Issues

Iran's Economic Conditions: U.S. Policy Issues

Date: June 15, 2009
Creator: Ilias, Shayerah
Description: This report provides a general overview of Iran's economy, addresses related U.S. policy concerns, and discusses policy options for Congress. The purpose of this report is two-fold. First, it provides insight into important macroeconomic trends, policy reforms and objectives, key economic sectors, international trade patterns, and sources of foreign exchange. Second, in the context of U.S. economic sanctions imposed for national security and foreign policy reasons, the report evaluates Iran's economic structure, strengths, and vulnerabilities and discusses issues and options for Congress.
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