Page:United States Statutes at Large Volume 106 Part 6.djvu/704

 106 STAT. 5262 PROCLAMATION 6428~MAY 1, 1992 under title V of the Trade Act of 1974 (19 U.S.C. 2461, et seq.). Such goods were excluded from the duty-free treatment afforded under the CBERA by the provisions of section 213(b) of that Act. 2. Section 213(h)(2) of the CBERA provides that the duty reduction required for any such article shall (1) result in a rate that is equal to 80 percent of the rate of duty that applied to the article on December 31, 1991, except that, subject to certain limitations, the reduction may not exceed 2,5 percent ad valorem; and (2) be implemented in 5 equal annual stages with the first one-fifth of the aggregate reduction in the rate of duty being applied to entries, or withdrawals from warehouse for consumption, of die article on or after January 1, 1992. 3. Pursuant to section 213(h) of the CBERA, I have decided that certain existing duties set forth in Rates of Duty 1-General subcolumn of the Harmonized Tariff Schedule of the United States (HTS) for specified handbags, luggage, flat goods, work gloves, and leather wearing apparel should be reduced as set forth in Annex I to this proclamation. In accordance with section 213(b) of the CBERA, as amended by section 212(b) of the Expansion Act, I have decided that it is appropriate to make conforming changes in general note 3(c)(v) to the HTS and to modify the nomenclature of certain HTS subheadings, in order to reflect the tariff treatment to be accorded to such goods. 4. Section 604 of the Trade Act of 1974, as amended (19 U.S.C. 2483), requires the President, from time to time, as appropriate, to embody in the HTS the substance of the provisions of that Act, of other Acts af- fecting import treatment, and actions thereunder, including removal, modification, continuance, or imposition of any import restriction. NOW, THEREFORE, I, GEORGE BUSH, President of the United States of America, acting under the authority vested in me by the Constitution and the laws of the United States, including but not limited to section 604 of the Trade Act of 1974, section 213 of the CBERA, and section 212 of the Expansion Act, do proclaim that: (1) In order to provide reductions in the Rates of Duty l-General subcolumn duty rate applicable to certain goods which are the products of designated beneficiary countries under the CBERA, and to implement the provisions of the CBERA, as amended, the HTS is modified as provided in Annex I to this proclamation, (2) In order to continue the schedule of duty reductions for goods originating in the territory of Canada modified by Annex I to this proclamation, pursuant to Annex 401.2 to the United States-Canada Free- Trade Agreement (the Canada FTA), the HTS is further modified as set forth in Annex II to this proclamation. (3) In order to continue the schedule of duty reductions for products of Israel modified by Annex I to this proclamation, pursuant to Annex 1 to the Agreement on the Establishment of a Free Trade Area between the Government of the United States and the Government of Israel (the Israel FTA), the HTS is further modified as set forth in Annex III to this proclamation. (4) Any provisions of previous proclamations and Executive orders inconsistent with the provisions of this proclamation are hereby superseded to the extent of such inconsistency. (5)(a) Except as provided in this paragraph, the modifications made by Annex I to this proclamation shall be effective with respect to arti-

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