; (2) to support the development of private sector responses to migration; (3) to promote near-shoring strategic industry and supply chains from the People's Republic of China; and (4) to support policies and practices conducive to private sector development in Americas partner countries through loans, grants, equity investments, feasibility studies, technical assistance, training, insurance, guarantees, and other measures. (c) Governance (1) Board of directors (A) In general The Fund shall be governed by a Board of Directors, consisting of 3, 4, or 5 individuals described in subparagraph (C). (B) Appointments Not later than 90 days after the date of the enactment of this Act, the President shall— (i) appoint the initial members of the Board of Directors, subject to the advice and consent of the Senate; and (ii) submit the names of such appointees to the Chair and Ranking Member of the Subcommittee on International Trade, Customs, and Global Competitiveness of the Committee on Finance of the Senate . (C) Qualifications Each member of the Board of Directors— (i) shall be a citizen of an Americas partner country; (ii) may not be closely affiliated with any government, civil society organization, academic institution, think tank, or any other not-for-profit entity