Congress finds the following:
(1)
Women’s full and unfettered political, economic, and social participation is vital to realizing universal human rights, global prosperity, peace, and security.
(2)
Women’s labor force participation, asset ownership, and economic security are development multipliers, promoting family financial resilience, community health and development, children’s educational attainment, and poverty reduction, among other development gains across South and Central Asia.
(3)
Women’s economic participation and opportunity, educational attainment, health and survival, and political empowerment are directly proportional to countries’ economic competitiveness.
(4)
Women make up about 33 percent of South Asia’s labor force, among the lowest female labor force participation rates in the world, yet gender parity in employment could increase South Asia’s Gross Domestic Product by between 19 to 58 percent.
(5)
While the percentage varies across the five Central Asian states, Tajikistan and Uzbekistan also have some of the lowest female labor force participation rates in the world, at 29.6 percent and 35.9 percent, respectively.
(6)
The Women’s Councils are consortia of public-private partnerships between the Department of State and United States and South Asian businesses, civil society, and universities, to matchmake technology, networks, expertise, and resources of our corporate and civil society members to create more impact together than any entity could alone.
(7)
The Women’s Councils implement President Trump’s Presidential Memorandum on Promoting Women’s Global Development and Prosperity and the bipartisan Women, Peace, and Security Act of 2017.
(8)
The Women’s Councils accelerate women’s economic empowerment in South and Central Asian countries, growing economies and advancing stability and prosperity for all, at no cost to American taxpayers.