; (C) effectively respond to cybersecurity threats, including state-sponsored threats; and (D) to strengthen resilience against cyberattacks and cybercrime. 5. Promoting economic and commercial partnerships in the Western Hemisphere (a) Sense of Congress It is the sense of Congress that the United States should enhance economic and commercial ties with democratic partners to promote prosperity in the Western Hemisphere by modernizing and strengthening trade capacity-building and trade facilitation initiatives, encouraging market-based economic reforms, strengthening labor and environmental standards, and encouraging transparency and adherence to the rule of law in investment dealings. (b) In general The Secretary of State, in coordination with the United States Trade Representative, the Chief Executive Officer of the Development Finance Corporation, and the heads of other relevant Federal agencies, should support the improvement of economic conditions in the Western Hemisphere through collaborative efforts with democratic partners that— (1) facilitate a more open, transparent, and competitive environment for United States businesses and promote robust and comprehensive trade capacity-building and trade facilitation by— (A) reducing trade and nontariff barriers between the countries in the region, establishing a mechanism for pursuing Mutual Recognition Agreements and Formalized Regulatory Cooperation Agreements in priority sectors of the economy; (B) establishing a forum for discussing and evaluating technical and other assistance needs to help establish streamlined single window processes to facilitate movement of goods and common customs arrangements and procedures to lower costs of goods in transit and speed to destination