< Back to H.R. 2853 (104th Congress, 1995–1996)

Text of To authorize the extension of nondiscriminatory treatment (most-favored-nation treatment) to the products of Bulgaria.

This bill was enacted after being signed by the President on July 18, 1996. The text of the bill below is as of Jun 28, 1996 (Passed Congress/Enrolled Bill).

Source: GPO

H.R.2853

One Hundred Fourth Congress

of the

United States of America

AT THE SECOND SESSION

Begun and held at the City of Washington on Wednesday,

the third day of January, one thousand nine hundred and ninety-six

An Act

To authorize the extension of nondiscriminatory treatment (most-favored-nation treatment) to the products of Bulgaria.

    Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,

SECTION 1. CONGRESSIONAL FINDINGS AND SUPPLEMENTAL ACTION.

    (a) CONGRESSIONAL FINDINGS- The Congress finds that Bulgaria--

      (1) has received most-favored-nation treatment since 1991 and has been found to be in full compliance with the freedom of emigration requirements under title IV of the Trade Act of 1974 since 1993;

      (2) has reversed many years of Communist dictatorship and instituted a constitutional republic ruled by a democratically elected government as well as basic market-oriented reforms, including privatization;

      (3) is in the process of acceding to the General Agreement on Tariffs and Trade (GATT) and the World Trade Organization (WTO), and extension of unconditional most-favored-nation treatment would enable the United States to avail itself of all rights under the GATT and the WTO with respect to Bulgaria; and

      (4) has demonstrated a strong desire to build friendly relationships and to cooperate fully with the United States on trade matters.

    (b) SUPPLEMENTAL ACTION- The Congress notes that the United States Trade Representative intends to negotiate with Bulgaria in order to preserve the commitments of that country under the bilateral commercial agreement in effect between that country and the United States that are consistent with the GATT and the WTO.

SEC. 2. TERMINATION OF APPLICATION OF TITLE IV OF THE TRADE ACT OF 1974 TO BULGARIA.

    (a) PRESIDENTIAL DETERMINATIONS AND EXTENSION OF NONDISCRIMINATORY TREATMENT- Notwithstanding any provision of title IV of the Trade Act of 1974 (19 U.S.C. 2431 et seq.), the President may--

      (1) determine that such title should no longer apply to Bulgaria; and

      (2) after making a determination under paragraph (1) with respect to Bulgaria, proclaim the extension of nondiscriminatory treatment (most-favored-nation treatment) to the products of that country.

    (b) TERMINATION OF APPLICATION OF TITLE IV- On and after the effective date of the extension under subsection (a)(2) of nondiscriminatory treatment to the products of Bulgaria, title IV of the Trade Act of 1974 shall cease to apply to that country.

Speaker of the House of Representatives.

Vice President of the United States and

President of the Senate.