1. Short title This Act may be cited as the Enforcing Accountability and Transparency in International Trade Act . 2. Findings Congress finds the following: (1) The World Trade Organization is a 164-member international organization that was created to oversee and administer multilateral trade rules, serve as a forum for trade liberalization negotiations, and resolve trade disputes. (2) The United States was a major force behind the establishment of the World Trade Organization in 1995. (3) The United States, along with other countries, has sought to establish a more open, rules-based trading system in the postwar era, with the goal of fostering international economic cooperation and raising economic prosperity worldwide. (4) Congress holds constitutional authority over foreign commerce and establishes trade negotiating objectives and principles through legislation. (5) The statutory basis for the membership of the United States in the World Trade Organization is the Uruguay Round Agreements Act ( 19 U.S.C. 3501 et seq.), and United States priorities and objectives for the General Agreement on Tariffs and Trade of the World Trade Organization have been reflected in various legislative measures providing expedited trade promotion authority since 1974. (6) Congress has recognized the World Trade Organization as the foundation of the global trading system and plays a direct legislative and oversight role over the implementation of World Trade Organization agreements in the United States. (7) Ninety-eight percent of global trade is conducted among members of the World Trade Organization. (8) Approximately 65 percent of the United States trade is with countries that do not have free trade agreements with the United States, such as with China, the European Union, and India, which thus relies on the terms provided in agreements of the World Trade Organization. (9) About two-thirds of the members of the World Trade Organization self-designate as developing countries. (10) World Trade Organization agreements allow