Text: H.R.2853 — 104th Congress (1995-1996)All Information (Except Text)
Public Law No: 104-162 (07/18/1996)
[104th Congress Public Law 162]
[From the U.S. Government Printing Office]
Public Law 104-162
To authorize the extension of nondiscriminatory treatment (most-favored-
nation treatment) to the products of Bulgaria. <<NOTE: July 18,
1996 - [H.R. 2853]>>
Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,
SECTION 1. <<NOTE: 19 USC 2434 note.>> CONGRESSIONAL FINDINGS AND
(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
(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,
(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
(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. <<NOTE: 19 USC 2434 note.>> 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
(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
(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.
Approved July 18, 1996.
LEGISLATIVE HISTORY--H.R. 2853:
HOUSE REPORTS: No. 104-466 (Comm. on Ways and Means).
SENATE REPORTS: No. 104-265 (Comm. on Finance).
CONGRESSIONAL RECORD, Vol. 142 (1996):
Mar. 5, considered and passed House.
June 28, considered and passed Senate.
WEEKLY COMPILATION OF PRESIDENTIAL DOCUMENTS, Vol. 32 (1996):
July 18, Presidential statement.