Page:United States Statutes at Large Volume 110 Part 1.djvu/989

 PUBLIC LAW 104-127—APR. 4, 1996 110 STAT. 965 "SEC. 106. IMPLEMENTATION OF COMMITMENTS UNDER URUGUAY Evaluation. ROUND AGREEMENTS. 7 USC 5606. "Not later than September 30 of each year, the Secretary shall evaluate whether the obligations undertaken by foreign countries under the Uruguay Round Agreement on Agriculture are being fully implemented. If the Secretary has reason to believe (based on the evaluation) that any foreign country, by not implementing the obligations of the country, may be significantly constraining an opportunity for United States agricultural exports, the Secretary shall— "(1) submit the evaluation to the United States Trade Representative; and "(2) transmit a copy of the evaluation to the Committee on Agriculture, and the Committee on Ways and Means, of the House of Representatives and the Committee on Agriculture, Nutrition, and Forestry, and the Committee on Finance, of the Senate.". (b) MONITORING COMPLIANCE WITH SANITARY AND PHYTOSANITARY MEASURES.—Section 414 of the Agricultural Trade Act of 1978 (7 U.S.C. 5674) is amended by adding at the end the following: " (c) MONITORING COMPLIANCE WITH SANITARY AND PHYTOSANITARY MEASURES. — The Secretary shall monitor the compliance of World Trade Organization member countries with the sanitary and phytosanitary measures of the Agreement on Agriculture of the Uruguay Round of Multilateral Trade Negotiations of the General Agreement on Tariffs and Trade. If the Secretary has reason to believe that any country may have failed to meet the commitment on sanitary and phytosanitary measures under the Agreement in a manner that adversely impacts the exports of a United States agricultural commodity, the Secretary shall— "(1) provide such information to the United States Trade Representative of the circumstances surrounding the matter arising under this subsection; and "(2) with respect to any such circumstances that the Sec- Reports, retary considers to hsive a continuing adverse effect on United States agricultural exports, report to the Committee on Agriculture, and the Committee on Ways and Means, of the House of Representatives and the Committee on Agriculture, Nutrition, and Forestry, and the Committee on Finance, of the Senate— "(A) that a country may have failed to meet the sanitary and phytosanitary commitments; and "(B) any notice given by the Secretary to the United States Trade Representative.". SEC. 243. EXPORT CREDITS. (a) EXPORT CREDIT GUARANTEE PROGRAM.— Section 202 of the Agricultural Trade Act of 1978 (7 U.S.C. 5622) is amended— (1) in subsection (a)— (A) by striking "GUARANTEES.—The" and inserting the following: "GUARJsTTEES.— "(1) IN GENERAL.—The"; and (B) by adding at the end the following: "(2) SUPPLIER CREDITS.—In carrying out this section, the Commodity Credit Corporation may issue guarantees for the

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