Pub. L. 107-115, tit. V, sec. 535

Sec. 535. It is the sense of the Congress that— (1) the Arab League countries should immediately and publicly renounce the primary boycott of Israel and the secondary and tertiary boycott of American firms that have commercial ties with Israel and should normalize their relations with Israel; (2) the decision by the Arab League in 1997 to reinstate the boycott against Israel was deeply troubling and disappointing; (3) the fact that only three Arab countries maintain full diplomatic relations with Israel is also of deep concern; (4) the Arab League should immediately rescind its decision on the boycott and its members should develop normal relations with their neighbor Israel; and (5) the President should— (A) take more concrete steps to encourage vigorously Arab League countries to renounce publicly the primary boycotts of Israel and the secondary and tertiary boycotts of American firms that have commercial relations with Israel and to normalize their relations with Israel; (B) take into consideration the participation of any recipient country in the primary boycott of Israel and the secondary and tertiary boycotts of American firms that have commercial relations with Israel when determining whether to sell weapons to said country; (C) report to Congress annually on the specific steps being taken by the United States and the progress achieved to bring about a public renunciation of the Arab primary boycott of Israel and the secondary and tertiary boycotts of American firms that have commercial relations with Israel and to expand the process of normalizing ties between Arab League countries and Israel; and (D) encourage the allies and trading partners of the United States to enact laws prohibiting businesses from complying with the boycott and penalizing businesses that do comply.