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 12 2 STA T .53 2 7PROCL A M AT I O N8 272 —JU N E 3 0, 2008 503(c) ( 2 )( A )( i )( I I) ofthe1974 Act s ho uldb e dis r e ga rded w ith res p ect to certai n eligible articles fro m certain beneficiar y de v eloping coun - tries . 9. P ursuant to section 503(d)(1) of the 1974 Act , I have received the advice of the U nited S tates International T rade C ommission on wheth- er any industries in the United States are li k ely to be adversely affected by such waivers, and I have determined, based on that advice and on the considerations described in sections 501 and 502(c) of the 1974 Act (19 U.S.C. 24 6 2(c)), and after giving great weight to the considerations in section 503(d)(2) of the 1974 Act (19 U.S.C. 2463(d)(2)), that such waivers are in the national economic interest of the United States. Ac- cordingly, I have determined that the competitive need limitations of section 503(c)(2)(A) of the 1974 Act should be waived with respect to certain eligible articles from certain beneficiary developing countries. 10. Pursuant to section 503(d)(5) of the 1974 Act, I have determined that certain previously granted waivers of the competitive need limita- tions of section 503(c)(2)(A) of the 1974 Act are no longer warranted due to changed circumstances. 11. Pursuant to section 502(e) of the 1974 Act, I have determined that Trinidad and Tobago has become a ‘ ‘high income ’ ’ country, and I am terminating the designation of that country as a beneficiary developing country for purposes of the G SP, effective J anuary 1, 2010. 12. Section 502(a)(1) of the 1974 Act (19 U.S.C. 2462(a)(1)) authori z es the President to designate countries as beneficiary developing coun- tries for purposes of the GSP. In Proclamation 7912 of June 29, 2005, I designated Serbia and M ontenegro as a beneficiary developing coun- try for purposes of the GSP. O n June 3, 2006, upon Montenegro’s dec- laration of independence from Serbia and Montenegro, the country separated into two independent republics

the R epublic of Serbia and the Republic of Montenegro. Pursuant to section 502 of the 1974 Act, and taking into account the factors set forth in section 502(c) of that Act, I have determined that, in light of the separation of Serbia and Montenegro into two countries, the Republic of Serbia and the Repub- lic of Montenegro should each be designated as a beneficiary devel- oping country for purposes of the GSP. 13. Section 506A(a)(1) of the 1974 Act (19 U.S.C. 2466a(a)(1)), as added by section 111(a) of the African Growth and Opportunity Act (title I of Public L aw 106 – 200, 114 Stat. 254) (AGOA), authorizes the Presi- dent to designate a country listed in section 107 of the AGOA (19 U.S.C. 3706) as a beneficiary sub-Saharan African country if the Presi- dent determines that the country meets the eligibility re q uirements set forth in section 104 of the AGOA (19 U.S.C. 3703) and the eligibility criteria set forth in section 502 of the 1974 Act (19 U.S.C. 2462). 14. Section 104 of the AGOA authorizes the President to designate a country listed in section 107 of the AGOA as an eligible sub-Saharan African country if the President determines that the country meets cer- tain eligibility requirements. 15. Section 112(c) of the AGOA (19 U.S.C. 3721(c)), as added by sec- tion 6002(a) of the Africa Investment Incentive Act of 2006 (division D of title V I of Public Law 109–432, 120 Stat. 2922), provides special rules for certain apparel articles imported from lesser developed bene- ficiary sub-Saharan African countries.

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