1. Short title This Act may be cited as the Preventing Nuclear Proliferation in Saudi Arabia Act of 2019 . 2. Prohibition on Export-Import Bank financing for export of nuclear technology, equipment, fuel, materials, or other goods or services to Saudi Arabia (a) Findings Congress makes the following findings: (1) The Export-Import Bank of the United States identifies global nuclear power as a key and growing industry in which the Bank has played an important role by financing the export of United States nuclear equipment, fuel, technology, and services to foreign purchasers. (2) In September 2012, the Export-Import Bank authorized a $2,000,000,000 direct loan to the Barakah One Company of the United Arab Emirates to finance the export of United States equipment and service-expertise for the construction of a nuclear power plant in the United Arab Emirates, the first of its kind on the Arabian Peninsula. (3) The transaction to finance the construction of the Barakah nuclear power plant was enabled by the establishment of a bilateral nuclear cooperation agreement between the United States and the United Arab Emirates made pursuant to section 123 of the Atomic Energy Act of 1954 (42 U.S.C. 2153), in which the United Arab Emirates committed to forgo uranium enrichment and reprocessing on its territory and was obligated to bring into force an Additional Protocol to its Comprehensive Safeguards Agreement with the International Atomic Energy Agency. (4) The nuclear cooperation agreement, which was signed on May 21, 2009, became known as the first gold standard civil nuclear agreement and was viewed as a step toward building a strong nonproliferation framework in the region. (5) In accordance with that agreement, the United Arab Emirates reserves the right to amend its terms in the event the United States establishes a peaceful nuclear cooperation agreement with another non-nuclear-weapon state in the Middle East that is less prescriptive in scope and effect than its agreement with the United States. (6) The Government