((a)) ** New sanctions** Except as provided in sections 7203 and 7204 of this title and notwithstanding any other provision of law, the President may not impose a unilateral agricultural sanction or unilateral medical sanction against a foreign country or foreign entity, unless—

((1)) not later than 60 days before the sanction is proposed to be imposed, the President submits a report to Congress that—

((A)) describes the activity proposed to be prohibited, restricted, or conditioned; and

((B)) describes the actions by the foreign country or foreign entity that justify the sanction; and

((2)) there is enacted into law a joint resolution stating the approval of Congress for the report submitted under paragraph (1).

((b)) ** Existing sanctions** The President shall terminate any unilateral agricultural sanction or unilateral medical sanction that is in effect as of .October 28, 20002000-10-28