Calling for the annulment of the Monroe Doctrine and the development of a "New Good Neighbor" policy in order to foster improved relations and deeper, more effective cooperation between the United States and its Latin American and Caribbean neighbors.

Economic Development and Stability: The resolution proposes a new approach to promoting development through technology transfers and new forms of climate and development financing that prioritize grantmaking and concessional lending (Section 2, A).

Relief from Economic Sanctions: It calls for terminating all unilateral economic sanctions imposed through Executive orders, such as the Cuba embargo (Section 2, B).

Increased Congressional Oversight: The bill suggests amending existing laws to ensure robust congressional oversight over the imposition of unilateral sanctions (Section 2, C).

Financial Support for Climate Action: There is a call to secure major, recurrent contributions to the Amazon Fund (Section 2, H) and to support the creation of a Loss and Damage Trust under the United Nations to support climate action in developing countries (Section 2, L).

Empowerment through International Institutions: The resolution supports reforms to the IMF, World Bank, and Inter-American Development Bank to ensure developing countries can play an equitable role in shaping policies (Section 2, I).

Improved Public Services: The proposed agenda for international financial institutions focuses on expanded access to health care and education for all (Section 2, K, ii).

Social Protection and Workers' Rights: The policy advocates for universal social protection and the advancement of workers' rights and decent work (Section 2, K, iii and iv).