On the recordSeptember 9, 2024
Mr. Speaker, I yield 5 minutes to the gentleman from Georgia (Mr. McCormick), a member of the Committee on Foreign Affairs and the author of this bill. Mr. McCORMICK. Mr. Speaker, since illegally invading Ukraine, the Russian Federation has become reliant on the People's Republic of China for the supply of semiconductors and other critical dual-use technologies. The State Department notified Congress this March that the PRC exports of semiconductors significantly increased last year compared to the pre-invasion levels. These semiconductors are critical to aspects of the Russian war effort, including electronic warfare, command and control, and targeting. These components allow Russia to terrorize Ukrainian civilians with ballistic missile strikes at will. The prevalence of U.S. manufacturing equipment in global semiconductor production means nearly all are subject to U.S. export controls if destined for Russia or Belarus. My bill seeks to reduce Russia's access to these semiconductors by authorizing sanctions on foreign countries and adversaries that materially support Russia's military and intelligence services, violate U.S. export laws, and steal U.S. intellectual property. It further requires a report on whether China is providing significant support to Russia's military and updates existing law to provide greater flexibility to pursue sanctions against China and other foreign adversaries if they violate these export controls.…





