Ch. 12
19 § 2433
TRADE ACT OF 1974
Library References
Commerce ©➡82.20.
C.J.S. Commerce 13 et seq., 33, 54 et
seq.
§ 2434.
Extension of nondiscriminatory treatment
Presidential proclamation
(a) Subject to the provisions of section 2435(c) of this title, the President may by proclamation extend nondiscriminatory treatment to the products of a foreign country which has entered into a bilat- eral commercial agreement referred to in section 2435 of this title.
Limitation on period of effectiveness
(b) The application of nondiscriminatory treatment shall be limit- ed to the period of effectiveness of the obligations of the United States to such country under such bilateral commercial agreement. In addition, in the case of any foreign country receiving nondiscrim- ́inatory treatment pursuant to this subchapter which has entered into an agreement with the United States regarding the settlement of lend-lease reciprocal aid and claims, the application of such non- discriminatory treatment shall be limited to periods during which such country is not in arrears on its obligations under such agree- ment.
Suspension or withdrawal of extensions of nondiscriminatory treatment
(c) The President may at any time suspend or withdraw any ex- tension of nondiscriminatory treatment to any country pursuant to subsection (a) of this section and thereby cause all products of such country to be dutiable at the rates set forth in rate column num- bered 2 of the Tariff Schedules for the United States.
Pub.L. 93-618, Title IV, § 404, Jan. 3, 1975, 88 Stat. 2060; Pub.L. 96-39, Title XI, § 1106(f)(2), July 26, 1979, 93 Stat. 312.
Historical Note
References in Text. The Tariff Sched- ules of the United States, referred to in text, are set out in section 1202 of this title.
1979 Amendment. Subsec. (c). Pub. L. 96–39 struck out a comma following "sub- section (a) of this section".
Effective Date of 1979 Amendment. Amendment by Pub.L. 96-39 effective
July 26, 1979, see section 1114 of Pub.L. 96-39, set out as a note under section 2581 of this title.
Legislative History, For legislative history and purpose of Pub. L. 93-618, see 1974 U.S.Code Cong. and Adm. News, p. 7186. See, also, Pub. L. 96-39, 1979 U.S. Code Cong. and Adm.News, p. 381.
PROCLAMATION NO. 4369
Apr. 24, 1975, 40 F.R. 18389
AGREEMENT WITH SOCIALIST REPUBLIC OF ROMANIA
Pursuant to the authority vested in me by the United States Constitution, I, as President of the United States of America,
acting through duly empowered represen- tatives, entered into negotiation with duly empowered representatives of the Social-
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Ch. 12
NON
1st Republic of R
the conclusion of
trade relations hità.
1 loc
Fremt
the
of America and the “ocialist Romania:
with
The aforesaid ntations ducted in accordant. ments of the Trade Act of 15 618, January 3, 1975; 68 Sta chapter];
An "Agreement or Trade tween the United Shies of the Socialist Republic of R cluding the annexes thereto, lish and Romaman languages on April 2, 1975, by duly em resentatives of the Governm United States of Ariza an ist Republic of Romania, and is hereto annexed [filed fice of the Federal Register];
The said Agreement is i
relatin with the requireme, 1. al commercial agron nts as section 405(b) of the Trade (88 Stat. 1978, #0;) [sectic this title]:
It is provided in Article said Agreement that it sha force on the date of exchan notices of acceptance by the of the United Stat of Am Socialist Republic of Komani
1100
Sta
title]
It is provide 3 In Trade Act of 14 (section 2435(e) «**** eral commercia 2. Tele nondiscriminatory the twent uets of countries tford treatment, and & pregnatio ing such agreem, nt, shall ta if approved by 2. Cong adoption of a
urrent
in: sect approval, refurrei ' Trade Act of 197.85 Sta (section 2191 of this title],
AGREEMENT
As President of the Uni America, acting through n tives, I entered into the neg agreement on trade relation United States of America garian People's Rep Llic wi tives of the Hung: "ian Peop
The negotiations were con cordance with the require Trade Act of 1974 (P.L. 9: