Page:United States Statutes at Large Volume 101 Part 3.djvu/789

 PROCLAMATION 5617—MAR. 6, 1987

101 STAT. 2087

eration of the factors set forth in sections 501 and 502(c) of the Trade Act (19 U.S.C. 2461 and 2462(c]J. 3. Section 502 of the Trade Act, as amended, authorizes the President to designate the countries that will be beneficiary developing countries for purposes of the GSP. Such countries are entitled to duty-free entry of eligible articles imported directly therefrom into the customs territory of the United States. Among the countries previously designated as GSP beneficiaries is the Trust Territory of the Pacific Islands, which was included in the list of non-independent countries and territories eligible for benefits of the GSP. 4. In light of the Compact of Free Association between the United States and the Federated States of Micronesia and the Republic of Marshall Islands, and having due regard for the eligibility criteria set forth in section 502 of the Trade Act, I hereby designate the Federated States of Micronesia and the Republic of Marshall Islands as beneficiary developing countries for purposes of the GSP. Previously, these countries were included in the Trust Territory of the Pacific Islands. 5. Section 604 of the Trade Act authorizes the President to embody in the Tariff Schedules of the United States (TSUS) (19 U.S.C. 1202] the substance of the relevant provisions of that Act, of other acts affecting import treatment, and of actions taken thereunder. NOW, THEREFORE, I, RONALD REAGAN, President of the United States of America, acting under the authority vested in me by the Constitution and the statutes of the United States of America, including but not limited to sections 502, 504, and 604 of the Trade Act, do proclaim that: (1) General headnote 3(e](v)(A) to the TSUS, listing those countries whose products are eligible for benefits of the GSP, is modified— (a) by striking out "Nicaragua", "Paraguay", and "Romania" from the enumeration of independent countries, and (b) by inserting in alphabetical order in the enumeration of independent countries "Federated States of Micronesia" and "Republic of Marshall Islands". (2) No article the product of Nicaragua, Paraguay, or Romania and imported into the United States after March 4, 1987, shall be eligible for preferential treatment under the GSP. (3)(a) The modifications to the TSUS made by paragraph (l](a) of this proclamation shall be effective with respect to articles both: (1) imported on or after January 1, 1976, and (2) entered, or withdrawn from warehouse for consumption, on or after March 4, 1987. (b) The designation of the Federated States of Micronesia as a beneficiary developing country under the GSP shall be effective with respect to articles both: (1) imported on or after January 1, 1976, and (2) entered, or withdrawn from warehouse for consumption, on or after November 3, 1986. (c] The designation of the Republic of Marshall Islands as a beneficiary developing country under the GSP shall be effective with respect to articles both: (1) imported on or after January 1, 1976, and (2) entered, or withdrawn from warehouse for consimiption, on or after October 21, 1986.

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