; and (B) such support is— (i) designed to produce significant developmental outcomes or provide developmental benefits to the poorest population of that country; or (ii) necessary to preempt or counter efforts by a strategic competitor of the United States to secure significant political or economic leverage or acquire national security-sensitive technologies or infrastructure in a country that is an ally or partner of the United States. (e) Progress reports Not later than one year after the date of the enactment of this Act, and annually thereafter for seven years, the President shall transmit to the Committee on Foreign Affairs and the Committee on Appropriations of the House of Representatives and the Committee on Foreign Relations and the Committee on Appropriations of the Senate a report on progress made in providing assistance for projects under this section that includes the following: (1) A description of the energy infrastructure projects the United States has identified for such assistance. (2) For each such project— (A) a description of the role of the United States in the project, including in early-stage project support and late-stage project support; (B) the amount and form of any debt financing and insurance provided by the United States Government for the project; (C) the amount and form of any early-stage project support; and (D) an update on the progress made on the project as of the date of the report. (f) Eligible latin american or caribbean partner country defined In this section, the term eligible Latin American or Caribbean partner country has the meaning given that term in section 3(h).