Page:United States Statutes at Large Volume 102 Part 2.djvu/143

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PUBLIC LAW 100-418—AUG. 23, 1988

102 STAT. 1147

of the Treasury shall take action to initiate bilateral currency negotiations on an expedited basis with such foreign country. SEC. 1125. REPORTS ON NEGOTIATIONS TO ELIMINATE WINE TRADE President of U.S. BARRIERS. 19 USC 2804

Before the close of the 13-month period beginning on the date of '^^^^ the enactment of this Act, the President shall update each report that the President submitted to the Committee on Ways and Means and the Committee on Finance under section 905(b) of the Wine Equity and Export Expansion Act of 1984 (19 U.S.C. 2804) and submit the updated report to both of such committees. Each updated report shall contain, with respect to the major wine trading country Concerned— (1) a description of each tariff or nontariff barrier to (or other distortion of) trade in United States wine of that country with respect to which the United States Trade Representative has carried out consultations since the report required under such section 905(b) was submitted; (2) the status of the consultations described under paragraph (l);and (3) information, explanations, and recommendations of the kind referred to in paragraph (1)(C), (D), and (E) of such section 9050b) that are based on developments (including the taking of relevant actions, if any, of a kind not contemplated at the time of the enactment of such 1984 Act) since the submission of the report required under such se'ction.

Subtitle B—Implementation of the Harmonized Tariff Schedule

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SEC. 1201. PURPOSES.

19 USC 3001.

The purposes of this subtitle are— (1) to approve the International Convention on the Harmonized Commodity Description and Coding System; (2) to implement in United States law the nomenclature established internationaly by the Convention; and (3) to provide that the Convention shall be treated as a trade agreement obligation of the United States. SEC. 1202. DEFINITIONS.

As used in this subtitle: (1) The term "Commission" means the United States International Trade Commission. (2) The term "Convention" means the International Convention on the Harmonized Commodity Description and Coding System, done at Brussels on June 14, 1983, and the Protocol thereto, done at Brussels on June 24, 1986, submitted to the Congress on June 15, 1987. (3) The term "entered" means entered, or withdrawn from warehouse for consumption, in the customs territory of the United States. (4) The term "Federal agency" means any establishment in the executive branch of the United States Government.

19 USC 3002.

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