Page:United States Statutes at Large Volume 102 Part 2.djvu/214

 102 STAT. 1218

PUBLIC LAW 100-418—AUG. 23, 1988

tion shall be concluded by no later than the date that is 5 months after the date of enactment of this Act. (b) FACTORS TO B E TAKEN INTO ACCOUNT.—In identifying priority foreign countries under subsection (a), the Trade Representative shall take into account, among other relevant factors— (1) the nature and significance of the acts, policies, and practices that deny mutually advantageous market opportunities to telecommunications products and services of United States firms; (2) the economic benefits (actual and potential) accruing to foreign firms from open access to the United States market; (3) the potential size of the market of a foreign country for telecommunications products and services of United States firms; (4) the potential to increase United States exports of telecommunications products and services, either directly or through the establishment of a beneficial precedent; and (5) measurable progress being made to eliminate the objectionable acts, policies, or practices. (c) REVOCATIONS AND ADDITIONAL IDENTIFICATIONS.—

(1) The Trade Representative may at any time, after taking into account the factors described in subsection (b)— (A) revoke the identification of any priority foreign country that was made under this section, or (B) identify any foreign country as a priority foreign country under this section, if information available to the Trade Representative indicates that such action is appropriate. (2) The Trade Representative shall include in the semiannual report submitted to the Congress under section 309(3) of the Trade Act of 1974 a detailed explanation of the reasons for the revocation under paragraph (1) of this subsection of any identification of any foreign country as a priority foreign country. (d) REPORT TO CONGRESS.—By no later than the date that is 30 days after the date on which the investigation conducted under subsection (a) is completed, the United States Trade Representative shall submit a report on the investigation to the President and to appropriate committees of the Congress. 19 USC 3104.

SEC. 1375. NEGOTIATIONS IN RESPONSE TO INVESTIGATION. (a) IN GENERAL.—Upon—

(1) the date that is 30 days after the date on which any foreign country is identified in the investigation conducted under section 1374(a) as a priority foreign country, and President of U.S. (2) the date on which any foreign country is identified under Contracts. section 1374(c)(l)(B) as a priority foreign country, the President shall enter into negotiations with such priority foreign country for the purpose of entering into a bilateral or multilateral trade agreement under part 1 of subtitle A which meets the specific negotiating objectives established by the President under subsection (b) for such priority foreign country. President of U.S.

(b) ESTABLISHMENT OF SPECIFIC NEGOTIATING OBJECTIVES FOR E A C H FOREIGN PRIORITY COUNTRY.—

(1) The President shall establish such relevant specific negotiating objectives on a country-by-country basis as are necessary to meet the general negotiating objectives of the United Stated under this section.

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