Page:United States Statutes at Large Volume 87.djvu/1219

 87

PROCLAMATION

STAT.]

4210-APR.

18, 1973

1187

PROCLAMATION 4210

Modifying Proclamation 3279, Relating to Imports of Petroleum and Petroleum Products, Providing for the Long-Term Control of Imports of Petroleum and Petroleum Products Through a System of License Fees and Providing for Gradual Reduction of Levels of Imports of Crude Oil, Unfinished Oils and Finished Products By the President of the United States of America

Aprii 18, 1973

A Proclamation The Chairman of the Oil Policy Committee maintains a constant surveillance of imports of petroleum and its primary derivatives in respect to the national security. He informs me that, in the course of his surveillance, he has reviewed the status of imports under Proclamation 3279, as amended, of petro.

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73 Stat. 025. 19 USC 1862

", leum and its primary derivatives in their relation to the national security n°te. /and that further Presidential action under section 232 of the Trade Expansion Act of 1962, as amended, is required. ^e [| ^^^^ ^^^ He recommends, after consultation with the Oil Policy Committee, that the method of adjusting imports of petroleum and petroleum products be modified by immediately suspending tariffs on imports of petroleum and petroleum products and by shifting to a system whereby

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