The

PA

$2434

TRADE ACT OF 1974

Agreement conforms to the re- quirements relating to bilateral commer- agreements specified in Section 465(b) of the Act [section 2435(b) of this title);

Article XI of the Agreement provides that it shall enter into force on the date of exchange of written notices of accept- ance by the Governments of the United States of America and the Hungarian l'eople's Republic; and

Section 405(e) of the Act [section 2135(c) of this title] provides that a bi- lateral commercial agreement and a proc- lamation implementing such agreement shall take effect only if approved by the Congress;

NOW, THEREFORE, I, Jimmy Carter, Presi- dent of the United States of America, pro- claim as follows:

(1) This Proclamation shall become ef- fective, said Agreement shall enter into

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force according to its terms, and nondiş- criminatory treatment shall be extended to the products of the Hungarian Peo- ple's Republic in accordance with the terms of the said Agreement, on the date of exchange of written notices of accept- ance in accordance with Article XI of the said Agreement; and

(2) General Headnote 3(d) of the Tariff Schedules of the United States is amend- ed by deleting therefrom "Hungary" as of the effective date of this proclamation and a notice thereof shall be published in the FEDERAL REGISTER promptly

thereafter.

IN WITNESS WHEREOF, I have signed this Proclamation this seventh day of April, in the year of our Lord one thou- sund nine hundred seventy-eight, and of the Independence of the United States of America the two hundred second.

JIMMY Carter

PROCLAMATION NO. 4697

Oct. 23, 1979, 44 F.R. 61161

AGREEMENT WITH PEOPLE'S REPUBLIC OF CHINA

As President of the United States of America, acting through my representa- tives, I entered into the negotiation of an agreement on trade relations between the United States of America and the People's Republic of China with representatives of the People's Republic of China;

The negotiations were conducted in ac- cordance with the requirements of the Trade Act of 1974 (P.L. 93-618, January 3, 1975; 88 Stat. 1978) ("the Act") [this chapter];

An "Agreement on Trade Relations be- tween the United States of America and the People's Republic of China", in Eng- lish and Chinese, was signed on July 7, 1979, by representatives of the two Gov- ernments, and is annexed to this Proc- Jamation;

The Agreement conforms to the require- ments relating to bilateral commercial agreements specified in section 405(b) of the Act [section 2435(b) of this title];

Article X of the Agreement provides that it shall come into force on the date on which the Contracting Parties have exchanged notifications that each has completed the legal procedures necessary for this purpose; and

Section 405(c) of the Act [section 2435 (c) of this title] provides that a bilateral commercial agreement and a proclama- tion implementing such agreement shall

take effect only if approved by the Con-

gress;

NOW, THEREFORE, I, JIMMY CAR- TER, President of the United States of America, proclaim as follows:

(1) This Proclamation shall become ef- fective, sald Agreement shall enter into force according to its terms, and non- discriminatory treatment shall be extend- ed to the products of the People's Re- public of China in accordance with the terms of the said Agreement, on the date- on which the Contracting Parties have exchanged notifications that each has completed the legal procedures necessary for this purpose in accordance with Ar- ticle X of the said Agreement.

(2) General Headnote 3(e) of the Tariff Schedules of the United States [section 1202 of this title] is amended by deleting therefrom "China (any part of which may be under Communist domination or con- trol)" and "Tibet" as of the effective date of this proclamation and a notice thereof shall be published in the Federal Regis- ter promptly thereafter.

IN WITNESS WHEREOF, I have here- unto set my hand this twenty-third day of October, in the year of our Lord nine- teen hundred and seventy-nine, and of the Independence of the United States of America the two hundred and fourth.

246

JIMMY CARTER

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NONDI

United States 26.

§ 2435.

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(a) Subject to section, the Presi commercial agre the products of ever he determin promote the purp est.

(b) Any such b

(1) be lim which shall ment enters i ditional peric

(A) a services

ment, an

(B) th reduction

to trade factorily agreeme

(2) provid any time for sions of such to take any

(3) includ prompt consu ports cause market disru import restri ket disruptio

(4) if the ty to the P: Property, pr spect to pate the rights spe

(5) if the ty to the Ur

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