Presidential Documents

31375

Federal Register

Vol. 66, No. 113

Tuesday, June 12, 2001

Title 3—

The President

Proclamation 7449 of June 8, 2001

To Implement the Agreement Between the United States of

America and the Socialist Republic of Vietnam on Trade Relations

By the President of the United States of America

A Proclamation

1. Pursuant to the authority vested in the President by the Constitution

and the laws of the United States, and acting through duly empowered

representatives, the United States entered into negotiations with representatives of the Socialist Republic of Vietnam (‘‘Vietnam’’) to conclude an agreement on trade relations between the United States and Vietnam.

2. These negotiations were conducted in accordance with the requirements

of the Trade Act of 1974, as amended (19 U.S.C. 2431 et seq.) (the ‘‘Trade

Act’’).

3. As a result of these negotiations, an ‘‘Agreement Between the United

States of America and the Socialist Republic of Vietnam on Trade Relations’’

(the ‘‘Agreement’’), including annexes and an exchange of letters which

form an integral part of the Agreement, the foregoing in English and Vietnamese, was signed on July 13, 2000, by duly empowered representatives

of the two Governments, and is set forth as an annex to this proclamation.

4. The Agreement conforms to the requirements relating to bilateral commercial agreements set forth in section 405(b) of the Trade Act (19 U.S.C.

2435(b)).

5. Chapter VII, Article 8:1 of the Agreement provides that the Agreement

shall enter into force on the date of exchange of written notices of acceptance

by the two Governments.

6. Section 405(c) of the Trade Act (19 U.S.C. 2435(c)) provides that a bilateral

commercial agreement providing nondiscriminatory treatment to the products

of a country denied such treatment prior to the date of enactment of the

Trade Act, and a proclamation implementing such agreement, shall take

effect only if a joint resolution described in section 151(b)(3) of the Trade

Act (19 U.S.C. 2191(b)(3)) that approves of the Agreement is enacted into

law.

7. Section 604 of the Trade Act (19 U.S.C. 2483) authorizes the President

to embody in the Harmonized Tariff Schedule of the United States (HTS)

the substance of the provisions of that Act, of other acts affecting import

treatment, and actions taken thereunder.

NOW, THEREFORE, I, GEORGE W. BUSH, President of the United States

of America, acting under authority vested in me by the Constitution and

the laws of the United States, including, but not limited to, sections 404,

405, and 604 of the Trade Act, do proclaim that:

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(1) This proclamation shall become effective, the Agreement shall enter

into force, and nondiscriminatory treatment shall be extended to

the products of Vietnam, in accordance with the terms of the

Agreement, and after Congress approves the Agreement by joint

resolution, on the date of exchange of written notices of acceptance

in accordance with Chapter VII, Article 8:1 of the Agreement. The

United States Trade Representative shall publish notice of the effective date in the Federal Register.

(2) Effective with respect to articles entered, or withdrawn from warehouse for consumption, on or after the date provided in paragraph

(1) of this proclamation, general note 3(b) to the HTS, enumerating

those countries whose products are subject to duty at rates set

forth in Rates of Duty Column 2 of the tariff schedule, is modified

by striking out ‘‘Socialist Republic of Vietnam.’’

IN WITNESS WHEREOF, I have hereunto set my hand this eighth day

of June, in the year of our Lord two thousand one, and of the Independence

of the United States of America the two hundred and twenty-fifth.

Billing Code 3195–01–PB

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[FR Doc. 00–14938

Filed 6–11–01; 8:45 am]

Billing code 3190–01–C