[Congressional Bills 104th Congress]
[From the U.S. Government Publishing Office]
[H.R. 2926 Introduced in House (IH)]

  2d Session
                                H. R. 2926

 To extend nondiscriminatory treatment (most-favored-nation treatment) 
        to the products of certain nonmarket economy countries.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                            February 1, 1996

 Mr. Ewing  (for himself, Mr. Dreier, Mr. Kolbe, Mr. Knollenberg, and 
Mr. Manzullo) introduced the following bill; which was referred to the 
                      Committee on Ways and Means

_______________________________________________________________________

                                 A BILL


 
 To extend nondiscriminatory treatment (most-favored-nation treatment) 
        to the products of certain nonmarket economy countries.

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

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Export Market Stabilization Act of 
1996''.

SEC. 2. EXTENSION OF NONDISCRIMINATORY TREATMENT.

    (a) Extension.--Notwithstanding title IV of the Trade Act of 1974, 
nondiscriminatory treatment (most-favored-nation treatment) shall apply 
to the products of each country set forth in subsection (b) that is 
either a member of the World Trade Organization or has entered into a 
bilateral commercial agreement referred to in section 405 of that Act 
that has taken effect as provided in section 405(c) of that Act, and is 
in effect.
    (b) List of Countries.--The countries referred to in subsection (a) 
are the following:
            (1) Albania.
            (2) Armenia.
            (3) Azerbaijian.
            (4) Belarus.
            (5) China.
            (6) Georgia.
            (7) Kazakhstan.
            (8) Kyrgyzstan.
            (9) Moldova.
            (10) Mongolia.
            (11) Tajikistan.
            (12) Turkmenistan.
            (13) Ukraine.
            (14) Uzbekistan.
            (15) Bulgaria.
            (16) Romania.
            (17) Russia.
    (c) Termination of Application of Title IV.--During any period in 
which nondiscriminatory treatment applies to the products of a country 
under subsection (a), title IV of the Trade Act of 1974 shall not apply 
to that country.
    (d) Conforming Amendment.--General Note 3(b) of the Harmonized 
Tariff Schedule of the United States is amended by striking 
``Azerbaijian''.

SEC. 3. EFFECTIVE DATE.

    The extension of nondiscriminatory treatment under section 2 to the 
products of a country shall apply with respect to goods of that country 
that are entered, or withdrawn from warehouse for consumption, on or 
after the 15th day after such extension.
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