Page:United States Statutes at Large Volume 113 Part 3.djvu/600

 113 STAT. 2118 PROCLAMATION 7210-JULY 22, 1999 to observe this week with appropriate ceremonies and activities and to rededicate ourselves to supporting the cause of freedom, human rights, and self-determination for all the peoples of the world. IN WITNESS WHEREOF, I have hereunto set my hand this sixteenth day of July, in the year of our Lord nineteen hundred and ninety-nine, and of the Independence of the United States of America the two hundred and twenty-fourth. WILLIAM J. CLINTON Proclamation 7210 of July 22, 1999 Imposition of Restraints on Imports of Certain Steel Products From the Russian Federation By the President of the United States of America A Proclamation 1. Article XI of the June 1, 1990, Agreement between the United States of America and the Russian Federation on Trade Relations ("the 1990 Agreement"), which was entered into pursuant to title IV of the Trade Act of 1974, as amended ("the Trade Act"), provides that the Parties will consult with a view toward finding means of preventing market disruption, and authorizes the Parties to take action, including the imposition of import restrictions, to achieve this goal. 2. The Government of the United States and the Government of the Russian Federation ("Russia") have mutually agreed that the conditions of Article XI of the 1990 Agreement have been met with respect to U.S. imports of certain steel products from Russia described in the Annex to this proclamation. Further, the Governments have concluded an Agreement Concerning Trade in Certain Steel Products from the Russian Federation ("the 1999 Agreement") on remedial and preventative measures to address market conditions with respect to such products. 3. Section 125(c) of the Trade Act (19 U.S.C. 2135(c)) provides that whenever the United States, acting in pursuance of any of its rights or obligations under any trade agreement entered into pm-suant to the Trade Act, withdraws, suspends, or modifies any obligation with respect to the trade of any foreign country or instrumentality, the President is authorized to proclaim increased duties or other import restrictions, to the extent, at such times, and for such periods as he deems necessary or appropriate, in order to exercise the rights or fulfill the obligations of the United States. 4. In pxn-suance of its rights under the 1990 Agreement, the United States Government is withdrawing, suspending, or modifying its obligations under Article I of the 1990 Agreement with respect to the certain steel products described in the Annex to this proclamation by establishing import restrictions to address market conditions with respect to these products. 5.1 have determined that, effective immediately and continuing so long as the 1999 Agreement remains in effect, it is appropriate to proclaim import restrictions as set forth in the Annex to this proclamation in

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