Page:United States Statutes at Large Volume 103 Part 3.djvu/942

 103 STAT. 3010 PROCLAMATION 5955—APR. 13, 1989 values, and a desire for hemispheric unity for the sake of future genera- tions motivated our forefathers to establish the Inter-American system one hundred years ago. Today, the Organization of American States is the proud successor to the Pan American Union, which evolved from the International Union of American Republics formed in 1890. Through the years, the Organization has faithfully served member states and their changing needs. The United States firmly believes in the value of the Inter-American system and in the vision of freedom and representative democracy to which members are committed by the Charter of the Organization of American States. We support efforts to reevaluate and reinvigorate the system so that it can continue to be a formidable opponent of totalitari- anism and drug trafficking and an effective instrument for promoting democracy, human rights, economic development, and peace in the region. NOW, THEREFORE, I, GEORGE BUSH, President of the United States of America, by virtue of the authority vested in me by the Constitution and laws of the United States, do hereby proclaim Friday, April 14, 1989, as Pan American Day and the week of April 9 through April 15, 1989, as Pan American Week. I urge the Governors of the fifty States, the Governor of the Commonwealth of Puerto Rico, and officials of other areas under the fiag of the United States of America to honor these observances with appropriate ceremonies and activities. IN WITNESS WHEREOF, I have hereimto set my hand this thirteenth day of April, in the year of our Lord nineteen hundred and eighty-nine, and of the Independence of the United States of America the two hun- dred and thirteenth. GEORGE BUSH Proclamation 5955 of April 13, 1989 Amending the Generalized System of Preferences By the President of the United States of America A Proclamation 1. Pursuant to Title V of the Trade Act of 1974, as amended (the Trade Act] (19 U.S.C. 2461 et seg.], the President may designate specified arti- cles provided for in the Harmonized Tariff Schedule of the United States (HTS) as eligible for preferential tariff treatment under the Gen- eralized System of Preferences (GSP) when imported from designated beneficiary developing countries. 2. Pursuant to section 504(c) of the Trade Act (19 U.S.C. 2464(c)), bene- ficiary developing countries, except those designated as least-devel- oped beneficiary developing countries pursuant to section 504(c)(2) of the Trade Act, are subject to limitations on the preferential treatment afforded under the GSP. Pursuant to section 504(c)(5) of the Trade Act, a country that has not been treated as a beneficiary developing country with respect to an eligible article may be redesignated with respect to such article if imports of such article from such country did not exceed the limitations in section 504(c)(1) (after application of paragraph (c)(2))

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