Page:United States Statutes at Large Volume 102 Part 2.djvu/130

 102 STAT. 1134

PUBLIC LAW 100-418—AUG. 23, 1988

(b) EFFECTS OF AFFIRMATIVE DETERMINATION.—If both of the determinations made under paragraphs (1) and (2) of subsection (a) with respect to a major foreign country are affirmative— President of U.S. (1) the President shall reserve the right of the United States to withhold extension of the application of the GATT, between the United States and such major foreign country, and (2) the GATT shall not apply between the United States and such major foreign country until— (A) such foreign country enters into an agreement with the United States providing that the state trading enterprises of such foreign country— (i) will— (I) make purchases which are not for the use of such foreign country, and (II) make sales in international trade, in accordance with commercial considerations (including price, quality, avgiilability, marketabihty, and transportation), and (ii) will afford United States business firms adequate opportunity, in accordance with customary practice, to compete for participation in such purchases or sales; or (B) a bill submitted under subsection (c) which approves of the extension of the application of the GATT between the United States and such major foreign country is enacted into law. (c) EXPEDITED CONSIDERATION OF BILL TO APPROVE EXTENSION.—

(1) The President may submit to the Congress any draft of a bill which approves of the extension of the application of the GATT between the United States and a major for e ^ country. (2) Any draft of a bill described in paragraph (1) that is submitted by the President to the Congress shall— (A) be introduced by the majority leader of each House of the Congress (by request) on the first day on which such House is in session after the date such draft is submitted to the Congress; and (B) shall be treated as an implementing bill for purposes of subsections (d), (e), (f), and (g) of section 151 of the Trade Act of 1974. President of U.S. (d) PUBLICATION.—The President shall publish in the Federal Federal Register each determination made under subsection (a). publication.

19 USC 2906.

SEC. 1107. DEFINITIONS AND CONFORMING AMENDMENTS.

(^) DEFINITIONS.-For purposes of this part: (1) The term "distortion" includes, but is not limited to, a subsidy. (2) The term " for e i ^ country" includes any foreign instrumentality. Any territory or possession of a foreign country that is administered separately for customs purposes, shall be treated as a separate foreign country. (3) The term "GATT" means the General Agreement on Tariffs and Trade. (4) The term "implementing bill" has the meaning given such term in section 151(b)(l) of the Trade Act of 1974 (19 U.S.C. 2191(b)(l)). (5) The term "international trade" includes, but is not limited to— (A) trade in both goods and services, and

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