3.0.0 432 2022-11-15T16:33:10Z 2022-11-15T16:33:10Z Senate S S 2013-02-28 113 ssfi00 Finance Committee Senate Standing Referred to 2013-02-28T23:34:14Z Nepal Trade Preferences Act 113 431 S 2013-02-28 Read twice and referred to the Committee on Finance. Related bill CRS 2013-02-28 ssfi00 Finance Committee Senate Read twice and referred to the Committee on Finance. IntroReferral 2013-02-28 Sponsor introductory remarks on measure. (CR S1029-1030) IntroReferral B00100 9 Library of Congress 2013-02-28 Introduced in Senate IntroReferral 10000 9 Library of Congress F000062 Sen. Feinstein, Dianne [D-CA] Dianne Feinstein D CA N Foreign Trade and International Finance Afghanistan Asia Bangladesh Bhutan Cambodia Congressional oversight East Timor Kiribati Laos Maldives Nepal Samoa Solomon Islands Tariffs Tuvalu U.S. and foreign investments Vanuatu Foreign Trade and International Finance 00 2013-02-28 Introduced in Senate 2013-04-24T20:01:41Z Asia-South Pacific Trade Preferences Act - Authorizes the President to designate an Asia or South Pacific country as a beneficiary Asia or South Pacific country eligible for preferential treatment under this Act if that country meets certain requirements under the African Growth and Opportunity Act, including a market-based economy and the rule of law, the protection of human rights and internationally-recognized worker rights, elimination of trade barriers to the United States, and non-engagement in activities that undermine U.S. national security or foreign policy interests or support acts of international terrorism. Requires an Asia or South Pacific country also to meet certain eligibility criteria for designation as a beneficiary developing country under the Trade Act of 1974.

Lists the following countries eligible for designation as a "Asia or South Pacific country": (1) Afghanistan, (2) Bangladesh, (3) Bhutan, (4) Cambodia, (5) Kiribati, (6) Lao People's Democratic Republic, (7) Maldives, (8) Nepal, (9) Samoa, (10) Solomon Islands, (11) Timor-Leste (East Timor), (12) Tuvalu, (13) Vanuatu, or (14) a successor political entity of such country.

Authorizes certain import-sensitive articles (watches, electronic articles, steel articles, footwear and certain other apparel, and glass products) imported directly from a beneficiary Asia or South Pacific country to enter the U.S. customs territory duty-free if: (1) the article is the growth, product, or manufacture of a beneficiary Asia or South Pacific country; (2) the President determines, after receiving advice from the U.S. International Trade Commission (USITC), that the article is not import-sensitive; and (3) the article meets certain rules of origin requirements.

Grants duty-free treatment of certain textile and apparel articles imported directly into the customs territory of the United States from a beneficiary Asia or South Pacific country.

Prescribes requirements for handloomed, handmade, folklore articles or ethnic printed fabrics.

Prescribes a special rule to extend such preferential treatment through December 31, 2019, for textile and apparel articles that are wholly assembled in one or more beneficiary or former beneficiary Asia or South Pacific countries, or both, regardless of the country or origin of the yarn or fabric used to make such articles.

Establishes limitations on such preferential treatment.

Terminates the extension of preferential treatment to a beneficiary Asia or South Pacific country after December 31, 2024.

]]> Asia-South Pacific Trade Preferences Act Display Title Asia-South Pacific Trade Preferences Act Short Titles as Introduced Asia-South Pacific Trade Preferences Act Official Title as Introduced A bill to extend certain trade preferences to certain least-developed countries in Asia and the South Pacific, and for other purposes. Introduced in Senate 2013-02-28T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-113s432is/xml/BILLS-113s432is.xml 2013-02-28 Read twice and referred to the Committee on Finance. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.