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TRADE ACT OF 1974

Trport to Congress concerning emigration polleles

Ch. 12

(1) After January 3, 1975, (A) a nonmarket economy country may participate in any program of the Government of the United States which extends credits or credit guarantees or investment guarantees, and (B) the President may conclude a commercial agreement with such country, only after the President has submit- ted to the Congress a report indicating that such country is not in violation of paragraph (1), (2), or (3) of subsection (a) of this sec- tion. Such report with respect to such country shall include infor- mation as to the nature and implementation of its laws and policies and restrictions or discrimination applied to or against persons wishing to emigrate to the United States to join close relatives. The report required by this subsection shall be submitted initially as provided herein and, with current information, on or before each 'June 30 and December 31 thereafter, so long as such credits or

guarantees are extended or such agreement is in effect.

Exemption from application of section

(c) This section shall not apply to any country the products of which are eligible for the rates set forth in rate column numbered 1 of the Tariff Schedules of the United States on January 3, 1975.

Additional exemption from application of section

(d) During any period that a waiver is in effect with respect to any nonmarket economy country under section 2432(c) of this title, the provisions of subsections (a) and (b) of this section shall not apply with respect to such country.

Pub.L. 93-618, Title IV, § 409, Jan. 3, 1975, 88 Stat. 2064.

19o in original.

Historical Note

References in Text. The Tariff Sched- ules of the United States, referred to in subsec. (c), are set out in section 1202 of this title.

Commerce 73.

§ 2440.

Legislative History. For legislative history and purpose of Pub. L. 93-818, see 1974 U.S.Code Cong. and Adm.News, p. 7186.

Library References

C.J.S. Commerce §§ 13 et seq., 135.

East-West Trade Statistics Monitoring System

The International Trade Commission shall establish and maintain a program to monitor imports of articles into the United States from nonmarket economy countries and exports of articles from the United States to nonmarket economy countries. To the extent feasi ble, the Commission shall coordinate such program with any rele- vant data gathering programs presently conducted by the Secretary of Commerce. The Secretary of Commerce shall provide the Com- mission with any information which, in the determination of the 254

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Ch. 12 NOR!

Commission, is necessary shall publish detailed East-West Trade Statist. than once each calendar to the East-West Foreign lication shall include dat the production of like, or States and on employmen or directly competitive, ar

Pub. L. 93-618, Title IV, §

Legislative History. For history and purpose of Pub. L.

International Law 10.20.

§ 2441.

Codification.

Omitted

Scetion, Pub. Title IV, 406, Jan. 3, 1975, 89 which provided for the establi an East-West Foreign Trude } omitted as obsolete in view of tion of the East-West Fore Board by section 6 of Rorg. of 1979, 44 F.I. 69278. 9. SEE Jan. 2, 1980, as

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4 by 107(a) of Ex.Ord. N 421. des.. F.R. 993, set out 1,8 Dodg 2171 of this title, AL the fu the Board under

(a).

the Board to monot trade be sons and agencies the Ini Government Ab

emark t countries or in. tr. Penta inie, countries to insurg voel. fr..de

national interest

Unit

and under subser (i), requiri who export technology vital t tional interest of the United S nonmarket economy country or mentality of such country, and cy of the United States which credits, guarantees or insuran country or instrum.risity in in excess of $5,000,000 d: ring dar year or which provides cre antees or insurance to all such or instrumentalities in excess of

ર્યું.

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