II 

109TH CONGRESS 

2D SESSION S. 3495 

To authorize the extension of nondiscriminatory treatment (normal trade 

relations treatment) to the products of Vietnam. 

IN THE SENATE OF THE UNITED STATES 

JUNE 13, 2006 

Mr. BAUCUS (for himself, Mr. SMITH, Mr. MCCAIN, Mr. KERRY, Mr. HAGEL, 

Mr. LUGAR, Ms. MURKOWSKI, and Mr. CARPER) introduced the following 

bill; which was read twice and referred to the Committee on Finance 

A BILL 

To authorize the extension of nondiscriminatory treatment 

(normal trade relations treatment) to the products of 

Vietnam. 

1 Be it enacted by the Senate and House of Representa2 tives of the United States of America in Congress assembled, 

3 SECTION 1. FINDINGS. 

4 Congress finds the following: 

5 (1) In July 1995, President Bill Clinton an6 nounced the formal normalization of diplomatic rela7 tions between the United States and Vietnam. 

8 (2) Vietnam has taken cooperative steps with 

9 the United States under the United States Joint 


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•S 3495 IS

1 POW/MIA Accounting Command (formerly the 

2 Joint Task Force-Full Accounting) established in 

3 1992 by President George H. W. Bush to provide 

4 the fullest possible accounting of MIA and POW 

5 cases. 

6 (3) In 2000, the United States and Vietnam 

7 concluded a bilateral trade agreement that included 

8 commitments on goods, services, intellectual prop9 erty rights, and investment. The agreement was ap10 proved by joint resolution enacted pursuant to sec11 tion 405(c) of the Trade Act of 1974 (19 U.S.C. 

12 2435(c)), and entered into force in December 2001. 

13 (4) Since 2001, normal trade relations treat14 ment has consistently been extended to Vietnam pur15 suant to title IV of the Trade Act of 1974. 

16 (5) Vietnam has undertaken significant market17 based economic reforms, including the reduction of 

18 government subsidies, tariffs and nontariff barriers, 

19 and extensive legal reform. These measures have 

20 dramatically improved Vietnam’s business and in21 vestment climate. 

22 (6) Vietnam is in the process of acceding to the 

23 World Trade Organization. On May 31, 2006, the 

24 United States and Vietnam signed a comprehensive 

25 bilateral agreement providing greater market access 


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1 for goods and services and other trade liberalizing 

2 commitments as part of the World Trade Organiza3 tion accession process. 

4 SEC. 2. TERMINATION OF APPLICATION OF TITLE IV OF 

5 THE TRADE ACT OF 1974 TO VIETNAM. 

6 (a) PRESIDENTIAL DETERMINATIONS AND EXTEN7 SION OF NON-DISCRIMINATORY TREATMENT.—Notwith8 standing any provision of title IV of the Trade Act of 1974 

9 (19 U.S.C. 2431 et seq.), the President may— 

10 (1) determine that such title should no longer 

11 apply to Vietnam; and 

12 (2) after making a determination under para13 graph (1) with respect to Vietnam, proclaim the ex14 tension of nondiscriminatory treatment (normal 

15 trade relations treatment) to the products of that 

16 country. 

17 (b) TERMINATION OF THE APPLICABILITY OF TITLE

18 IV.—On and after the effective date of the extension of 

19 nondiscriminatory treatment to the products of Vietnam 

20 under subsection (a), title IV of the Trade Act of 1974 

21 shall cease to apply to that country. 

Æ 


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