H.R.4161 - Restrictions on Azerbaijan Act102nd Congress (1991-1992)
|Sponsor:||Rep. Owens, Wayne [D-UT-2] (Introduced 02/04/1992)|
|Committees:||House - Banking, Finance, and Urban Affrs; Foreign Affairs; Ways and Means|
|Latest Action:||02/24/1992 Executive Comment Requested from State, Treasury, Commerce.|
This bill has the status Introduced
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Summary: H.R.4161 — 102nd Congress (1991-1992)All Bill Information (Except Text)
Introduced in House (02/04/1992)
Restrictions on Azerbaijan Act - Requires the United States to continue to deny the following trade and economic benefits to the Republic of Azerbaijan: (1) most-favored-nation status (nondiscriminatory treatment); (2) loans, guarantees, or insurance with respect to U.S. exports to it; (3) beneficiary status under the Generalized System of Preferences; (4) treatment as a country subject to provisions of the Trade Act of 1974 relating to market disruption; (5) treatment as a member of Country Group Y (countries with which the United States has diplomatic or trading relations); (6) any benefit bestowed under the Agreement on Trade Relations Between the United States and the Soviet Union, signed on June 1, 1990; and (7) U.S. assistance under the Foreign Assistance Act of 1961. Requires the United States to impose as a condition to making contributions to any international organizations providing activities in the former Soviet Union that none of the funds be available for such activities, except humanitarian assistance, in Azerbaijan.
Authorizes the President to waive such restrictions.
Terminates such restrictions if the President determines and reports to the Congress that Azerbaijan: (1) has ceased all blockades and uses of force against Armenia and Nagorno-Karabakh; (2) improves the human rights of Armenians, Russians, Jews, and other minorities; and (3) has committed to resolve the Nagorno-Karabakh conflict peacefully.