An AI model extracted this from the bill’s official record and can make mistakes. Check the official text ↗ (opens in new tab)

Country of concern

A country whose government is identified by the U.S. as a foreign adversary, including specific nations like China, Russia, Iran, North Korea, Cuba, and Venezuela.

Covered United States business

A U.S.-organized business, or a foreign business with at least 25% U.S. ownership, that is not a small business.

Covered entity

A business that is strongly connected to a 'country of concern,' such as having its main office there, being controlled by its government, or having significant ownership by entities on a sanctions list related to that country.

Direct investment

An investment made by a person or company in one country to gain a lasting interest and influence in a business operating in another country.

Portfolio investment

An investment in financial assets like stocks or bonds, where the investor does not intend to control or have significant influence over the company.

Offshore financial center

A country or region outside the U.S. that serves as an intermediary for large amounts of U.S. investments destined for 'countries of concern' or 'covered entities'.

Sanctions list