[Congressional Bills 108th Congress]
[From the U.S. Government Publishing Office]
[S. 1557 Introduced in Senate (IS)]

  1st Session
                                S. 1557

To authorize the extension of nondiscriminatory treatment (normal trade 
            relations treatment) to the products of Armenia.


_______________________________________________________________________


                   IN THE SENATE OF THE UNITED STATES

               August 1 (legislative day, July 21), 2003

  Mr. McConnell (for himself, Mr. Sarbanes, and Mrs. Boxer) introduced 
the following bill; which was read twice and referred to the Committee 
                               on Finance

_______________________________________________________________________

                                 A BILL


 
To authorize the extension of nondiscriminatory treatment (normal trade 
            relations treatment) to the products of Armenia.

    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) Armenia has been found to be in full compliance with 
        the freedom of emigration requirements under title IV of the 
        Trade Act of 1974.
            (2) Armenia acceded to the World Trade Organization on 
        February 5, 2003.
            (3) Since declaring its independence from the Soviet Union 
        in 1991, Armenia has made considerable progress in enacting 
        free-market reforms within a stable democratic framework.
            (4) Armenia has demonstrated a strong desire to build a 
        friendly and cooperative relationship with the United States 
        and has concluded many bilateral treaties and agreements with 
        the United States.
            (5) United States-Armenia bilateral trade for 2002 totaled 
        more than $134,200,000.

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

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