[Congressional Bills 106th Congress]
[From the U.S. Government Publishing Office]
[S. 354 Introduced in Senate (IS)]







106th CONGRESS
  1st Session
                                 S. 354

  To authorize the extension of nondiscriminatory trade status to the 
                         products of Mongolia.


_______________________________________________________________________


                   IN THE SENATE OF THE UNITED STATES

                            February 3, 1999

 Mr. Thomas (for himself, Mr. McCain, Mr. Kerry, Mr. Smith of Oregon, 
 and Mr. Robb) introduced the following bill; which was read twice and 
                  referred to the Committee on Finance

_______________________________________________________________________

                                 A BILL


 
  To authorize the extension of nondiscriminatory trade status to the 
                         products of Mongolia.

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

SECTION 1. FINDINGS.

    Congress makes the following findings:
            (1) Mongolia has received nondiscriminatory trade treatment 
        since 1991 and has been found to be in full compliance with the 
        freedom of emigration requirements of title IV of the Trade Act 
        of 1974;
            (2) Mongolia has, since ending its nearly 70 years of 
        dependence on the former Union of Soviet Socialist Republics, 
        established a parliamentary democracy and a free-market 
        economic system;
            (3) Mongolia concluded a bilateral trade treaty with the 
        United States in 1991 and a bilateral investment treaty in 
        1994;
            (4) Mongolia has acceded to the Agreement Establishing the 
        World Trade Organization;
            (5) Mongolia has demonstrated a strong desire to build a 
        friendly and cooperative trade relationship with the United 
        States; and
            (6) The extension of nondiscriminatory trade status to the 
        products of Mongolia would enable the United States to avail 
        itself to all the rights available under the World Trade 
        Organization with respect to Mongolia.

SEC. 2. TERMINATION OF APPLICATION OF TITLE IV OF THE TRADE ACT OF 1974 
              TO MONGOLIA.

    (a) Presidential Determinations and Extensions of Nondiscriminatory 
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 
        Mongolia; and
            (2) after making a determination under paragraph (1) with 
        respect to Mongolia, proclaim the extension of 
        nondiscriminatory treatment to the products of that country.
    (b) Termination of Application of Title IV.--On or after the 
effective date of the extension under subsection (a)(2) of 
nondiscriminatory treatment to the products of Mongolia, title IV of 
the Trade Act of 1974 shall cease to apply to that country.
                                 <all>