; and (3) after taking into account the factors set forth in paragraphs (1) through (7) of subsection (c) of section 502 of the Trade Act of 1974 ( 19 U.S.C. 2462 ), Mongolia meets the eligibility requirements described in such section 502. (d) Verification with respect to transshipment for textile and apparel articles (1) In general Not later than January 1 of each year, the Commissioner of U.S. Customs and Border Protection shall verify that textile and apparel articles imported from Mongolia to which duty-free treatment is extended under this section are not being unlawfully transshipped into the United States. (2) Report to President and Congress If the Commissioner determines pursuant to paragraph (1) that textile and apparel articles described in that paragraph are being unlawfully transshipped into the United States, the Commissioner shall report that determination to the President and the appropriate congressional committees. (e) Withdrawal, suspension, or limitation of preferential treatment and mandatory graduation The provisions of subsections (d) and (e) of section 502 of the Trade Act of 1974 ( 19 U.S.C. 2462 ) shall apply with respect to Mongolia, without regard to whether title V of that Act ( 19 U.S.C. 2461 et seq. ) is in effect pursuant to section 505 of that Act ( 19 U.S.C. 2465 ). (f) Termination of duty-Free treatment No duty-free treatment extended under this section shall remain in effect after December 31, 2029. (g) Definitions In this section: (1) Cashmere The term cashmere means fine hair obtained from a cashmere goat (capra hircus laniger). (2) Customs territory of the United States The term customs territory of the United States has the meaning given the term in General Note 2 of the Harmonized Tariff Schedule of the United States. 4. Briefing requirement Not later than one year after the date of the enactment of this Act, and annually thereafter, the President shall monitor, review, and provide a briefing to the appropriate congressional committees on— (1) the implementation of