; (13) the Overseas Private Investment Corporation is also limited by uncertainty around the renewal of its legal authorities and would be more effective with the stability and predictability provided by a multi-year authorization and a reformulation of how the agency may use its proceeds for essential staff and overhead expenses while still returning money to the Treasury; and (14) United States development assistance should prioritize and better coordinate resources that support enhanced trade capacity and facilitate fairer and more sustainable trade with partner countries. 6. Interagency Strategy and Mechanism to Coordinate United States Development Programs and Private Sector Investment Activities (a) In general The President shall establish a primary, interagency mechanism to assist the private sector in coordinating United States development programs with private sector investment activities. (b) Duties The mechanism established under subsection (a) shall— (1) streamline and integrate the various private sector liaison, coordination, and investment promotion functions of United States development agencies; (2) facilitate the use of various development and finance tools across United States development agencies to attract greater private sector participation in development activities; and (3) establish a single point of contact for the private sector for partnership opportunities with United States development agencies. (c) Annual Strategy (1) In general Not later than 1 year after the date of enactment of this Act, and annually thereafter, the President shall submit to the appropriate congressional committees a strategy for the facilitation and coordination of private sector investments and activities for the purposes of development. (2) Elements of the annual strategy The annual strategy required under paragraph (1) shall include— (A) country, sectoral, and global targets for private sector investment facilitation and coordination