Page:United States Statutes at Large Volume 122.djvu/5349

 12 2 STA T .53 2 6PROCL A M AT I O N8 2 7 2 —JU N E 3 0, 2008 Proclam a ti o n827 2o fJu n e30, 2008 ToM o difyDut y -Fre e Tre a t m e n t U nder t h e G enera l i z ed S y s tem of P referen c es , Ta k e C ertain A ctions Under the African Gro w th and Op portunity Act, and for Other Purposes BythePr e sid e n t of the U nited S t a tes of Am eri c a A Proc l amation 1.Purs u ant t o s ec t i on 503( c ) ( 2 )( A )o f t h e T ra d eActof1 974, asa m end - ed (the ‘ ‘1974 Act ’ ’) (19 U . S . C . 24 6 3(c)(2)(A)), b eneficiar y de v e l o p in g countries, e x cept those designated as least-developed beneficiary de- veloping countries or beneficiary sub-Saharan African countries as pro- vided in section 503(c)(2)( D ) of the 1974 Act (19 U.S.C. 2463(c)(2)(D)), are sub j ect to competitive need limitations on the preferential treat- ment afforded under the G enerali z ed System of Preferences (GSP) to el- igible articles. 2. Pursuant to sections 501 and 503(a)(1)(A) of the 1974 Act (19 U.S.C. 2461 and 2463(a)(1)(A)), the President may designate articles as eligible for preferential tariff treatment under the GSP. 3. Section 503(c)(2)( F )(i) of the 1974 Act (19 U.S.C. 2463(c)(2)(F)(i)) provides that the President may disregard the competitive need limita- tion provided in section 503(c)(2)(A) (i)( I I) of the 1974 Act (19 U.S.C. 2463(c)(2)(A)(i)(II)) w ith respect to any eligible article from any bene- ficiary developing country if the aggregate appraised value of the im- ports of such article into the United States during the preceding cal- endar year does not exceed an amount set forth in section 503(c)(2)(F)(ii) of the 1974 Act (19 U.S.C. 2463(c)(2)(F)(ii)). 4. Pursuant to section 503(d)(1) of the 1974 Act (19 U.S.C. 2463(d)(1)), the President may waive the application of the competitive need limi- tations in section 503(c)(2)(A) of the 1974 Act with respect to any eligi- ble article from any beneficiary developing country if certain condi- tions are met. 5. Pursuant to section 503(d)(5) of the 1974 Act (19 U.S.C. 2463(d)(5)), any waiver granted under section 503(d) shall remain in effect until the President determines that such waiver is no longer warranted due to changed circumstances. 6. Section 502(e) of the 1974 Act (19 U.S.C. 2462(e)) provides that the President shall terminate the designation of a country as a beneficiary developing country for purposes of the GSP if the President determines that such country has become a ‘‘high income’’ country as defined by the official statistics of the International B an k for R econstruction and Development. Termination is effective on J anuary 1 of the second year following the year in which such determination is made. 7. Pursuant to section 503(c)(2)(A) of the 1974 Act, I have determined that in 2007 certain beneficiary developing countries have exported certain eligible articles in q uantities exceeding the applicable competi- tive need limitations, and I therefore terminate the duty-free treatment for such articles from such beneficiary developing countries. 8 . Pursuant to section 503(c)(2)(F) of the 1974 Act, I have determined that the competitive need limitation provided in section

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