Legislative proposal of Bill Clinton.
Re: granting permanent normal trade relations status for China.
Date: March 8, 2000.
Source: The White House, Office of the Press Secretary.
NORMAL TRADE RELATIONS TREATMENT FOR
THE PEOPLE'S REPUBLIC OF CHINA
Section 1: Termination of application of Title IV of the Trade Act of 1974 to The People's Republic of China (China).
(a) PRESIDENTIAL DETERMINATIONS AND EXTENSION OF NON-DISCRIMINATORY TREATMENT -- Notwithstanding any provision of title IV of the Trade Act of 1974 (19 U.S.C. 2431 et seq.), the President may,--
(1) determine that such title should no longer apply to China, and
(2) after making a determination under paragraph (1) with respect to China, proclaim the extension of nondiscriminatory treatment (normal trade relations treatment) to the products of that country.
(b) CHINA'S ACCESSION TO THE WORLD TRADE ORGANIZATION ("WTO") Prior to making the determination provided for in subsection (a)(1) and pursuant to the provisions of section 122 of the Uruguay Round Agreements Act (19 U.S.C. 3532), the President shall transmit a report to Congress certifying that the terms and conditions for China's accession to the WTO are at least equivalent to those agreed between the United States and China on November 15, 1999.
Section 2. Effective Dates
(a) The extension of nondiscriminatory treatment pursuant to section 1 (a) (1) shall be effective no earlier than the effective date of China?s accession to the WTO.
(b) On and after the effective date under subsection (a) of the extension of non-discriminatory treatment to the products of China, title IV of the Trade Act of 1974 shall cease to apply to that country.