; Whereas the Government of the People’s Republic of China’s undermining of democracy in Hong Kong has ramifications for the international order, including with regard to the future of Taiwan; Whereas the Hong Kong Government has conducted a public relations campaign to convince global business leaders that Hong Kong remains a critical and attractive international financial center, while simultaneously undermining the independence of institutions that encouraged its growth over the past several decades; Whereas Hong Kong still maintains a separate voting share from the People’s Republic of China at many multilateral organizations—including the Asia Pacific Economic Cooperation forum, the Financial Action Task Force, the International Olympic Committee, and the World Trade Organization—effectively doubling the People’s Republic of China’s voting power at these critical institutions; and Whereas the Hong Kong Human Rights and Democracy Act ( Public Law 116–76 ; 22 U.S.C. 5701 note), signed into law in November 2019, requires the President to use sanctions to promote accountability for those responsible for certain conduct that undermines fundamental freedoms and autonomy in Hong Kong: Now, therefore, be it Whereas, in 1997, Great Britain handed Hong Kong over to Chinese rule under guarantees that Hong Kong would become a Special Administrative Region under the one country, two systems principle, pursuant to which Hong Kong’s Basic Law would apply and would enshrine fundamental rights of Hong Kong residents and a political structure, including an independent judiciary, the right to vote, and freedoms of assembly and speech, among others