Page:United States Statutes at Large Volume 77.djvu/1000

 968

65 Stat. 72; 72 Stat. 675.

19 USC 1351.

PROCLAMATION 3512-DEC. 28, 1962

[77 STAT.

in the proclamation to carry out the provisions of the schedule. A copy of this agreement is annexed to this proclamation. (2) Requisite Findings and Determinations and Applicable Procedures Regarding Agreement. Prior to entering into the trade agreement identified in paragraph (1) of this part: (a) Prior Findings. The President found that certain existing duties or other import restrictions of the United States or of foreign countries which are contracting parties to G A T T, including the United Kingdom, were unduly burdening and restricting the foreign trade of the United States, and that the purposes of section 350 of the Tariff Act of 1930, as amended (19 U. S. C 1351), would be promoted by entering into such trade agreement. (b) Compliance with Procedural Requirements. Eeasonable public notice was given of the intention to conduct trade agreement negotiations under G A T T with the governments of the foreign countries referred to in subparagraph (a) of this paragraph. Views presented by interested persons have been received and considered. Information and advice with respect to such negotiations has been sought from the Departments of State, Agriculture, Commerce, and Defense, and from other sources. Pursuant to section 3 of the Trade Agreements Exteusiou Act of 1951, as amended (19 U.S.C. 1360), the President transmitted to the United States Tariff Commission for investigation and report lists of all articles imported into the United States to be considered for possible modification of duties and other import restrictions, imposition of additional import restrictions, or continuance of existing customs or excise treatment in trade-agreement negotiations with the governments of the foreign countries referred to in subparagraph (a) of this paragraph. The Tariff Commission made the investigations and reports of its determinations pursuant to section 3 within the time specified therein. (c) Determination that Certain Rate Decreases Will Sim/plify Computation. The President has made the determination provided for in section 350(a)(3)(D) of the Tariff Act of 1930 that certain modifications of existing duties hereinafter proclaimed in part III of this proclamation, which reflect decreases in rates of duty exceeding the decreases specified in section 350(a)(4)(A) or (B), will simplify the computation of the amount of duty imposed with respect to the articles concerned. (d) DetenminMion Rejecting Ad Valorem Equivalent of Certain Specific Rates. The President has made the determination respecting the ad valorem equivalent of the specific rate of duty (or combination of rates including a specific rate), and respecting the representative period, under the authority of section 350(a)(3)(D) and (4)(A) of the Tariff Act of 1930, as amended, by reference to section 350 (a)(2)(D) ( i i) of that act, in the case of each modification of an existing duty proclaimed in this proclamation for which such a determination was relevant, using, to the maximum extent practicable, the standards of valuation contained in section 402 or 402a of the Tariff Act, as amended (19 U.S.C. 1401a or 1402). (3) Determination that Proclamation Required or Ap'^ropriate to Carry out Trade Agreement. I determine that the modifications of existing duties and other import restrictions of the United States, the additional import restrictions, and the continuance of existing customs and excise treatment of articles imported into the United States proclaimed in part III of this proclamation will be required or appropriate to carry out the trade agreement identified in paragraph (1) of this part.

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