; and (B) foreign persons engaged in the laundering of illicit gold assets linked to designated terrorist and drug trafficking organizations. 7. Leveraging international support In implementing the Legal Gold and Mining Partnership Strategy pursuant to section 4, the President should direct United States representatives accredited to relevant multilateral institutions and development banks and United States ambassadors in the Western Hemisphere to use the influence of the United States to foster international cooperation to achieve the objectives of this Act, including— (1) marshaling resources and political support; and (2) encouraging the development of policies and consultation with key stakeholders to accomplish such objectives and provisions. 8. Public-private partnership to build responsible gold value chains (a) Best practices The Administrator of the United States Agency for International Development (referred to in this section as the Administrator ), in coordination with the Governments of Colombia, of Ecuador, and of Peru, and with other democratically elected governments in the region, shall consult with the Government of Switzerland regarding best practices developed through the Swiss Better Gold Initiative, a public-private partnership that aims to improve transparency and traceability in the international gold trade. (b) In general The Administrator shall coordinate with the Governments of Colombia, Ecuador, Peru, and other democratically elected governments in the region determined by the Administrator to establish a public-private partnership to advance the best practices identified in subsection (a), including supporting programming in participating countries that will— (1) support formalization and compliance with appropriate environmental and labor standards in ASM gold mining; (2) increase access to financing for ASM gold miners who are taking significant steps to formalize their operations and comply with labor and environmental standards