Page:United States Statutes at Large Volume 102 Part 5.djvu/1028

 102 STAT. 5034

PROCLAMATION 5836—JUNE 28, 1988

eighty-eight, and of the Independence of the United States of America the two hundred and twelfth. RONALD REAGAN

Proclamation 5836 of June 28, 1988

Withdrawal of Nondiscriminatory Treatment for Products of Romania By the President of the United States of America A Proclamation 1. Pursuant to section 402(c] of the Trade Act of 1974, as amended ("the Act") (19 U.S.C. 2432(c)), I previously waived the requirements of sections 402(a) and (b) of the Act (19 U.S.C. 2432 (a) and (b) with respect to the Socialist Republic of Romania ("Romania"). As a result, articles the product of Romania imported into the United States were eligible for nondiscriminatory treatment (most-favored-nation status). Romania also was eligible to participate in programs of the U.S. Government that extend credits, credit guarantees, or investment guarantees. Pursuant to section 404(a) of the Act (19 U.S.C. 2434(a)), I extended mostfavored-nation status to Romania under the terms of a commercial agreement that entered into force on August 3, 1975, and was entered into under the authority of section 405 of the Act (19 U.S.C. 2435), with such status contingent upon the annual renewal of a waiver pursuant to section 402(c) of the Act (19 U.S.C. 2432(c)). 2. The Government of Romania has announced that it has decided to renounce the renewal of nondiscriminatory treatment accorded to the products of Romania by the United States subject to the terms of section 402 of the Act (19 U.S.C. 2432). 3. Accordingly, I have decided to allow the waiver for Romania under section 402 of the Act (19 U.S.C. 2432) to expire as scheduled at the close of July 2, 1988, without renewal at that time, and I have so reported to the Congress. Therefore, effective July 3, 1988, all articles the product of Romania that are entered, or withdrawn from warehouse for consumption, into the customs territory of the United States shall be subject to the customs duties set forth in the Rates of Duty column 2 of the Tariff Schedules of the United States (TSUS) (19 U.S.C. 1202). Furthermore, effective as of that date, Romania shall no longer be eligible to receive credits or guarantees under any program of the U.S. Government that extends credits, credit guarantees, or investment guarantees, including the Commodity Credit Corporation and the Export-Import Bank of the United States. 4. Section 404(c) of the Act (19 U.S.C. 2434(c)) authorizes the President to suspend or withdraw any extension of nondiscriminatory treatment to any country pursuant to section 404(a) of the Act (19 U.S.C. 2434(a)). 5. Section 604 of the Act (19 U.S.C. 2483) authorizes the President to embody in the TSUS the substance of the relevant provisions of that Act, of other acts affecting import treatment, and of actions taken thereunder.

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